Nike's slump was foretold by its key Taiwan shoe supplier
By A Mystery Man Writer
Description
News business : Signs of declining demand for sports gear drove Nike Inc.’s stock to a record losing streak, and the biggest indicator of weakness comes from a key supplier in Taiwan called Pou Chen Corp. (#1546882)
![Nike's slump was foretold by its key Taiwan shoe supplier](https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2F6LLXROZVZFLWTCPMY276PFMXPU.jpg?auth=335be5312bd65946e304fa593e35cbacbd7147e49d37a4e1bf16cd23010c36d9)
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Nike's slump was foretold by its key Taiwan shoe supplier
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