Converse Drives 20% of Nike's Sales Decline on Just 2.5% of Revenue
Converse is 2.5% of Nike's revenue but drove 20% of its sales decline last quarter. Sales have halved since 2023, and BNP Paribas sees a possible sale.
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Converse is 2.5% of Nike's revenue but drove 20% of its sales decline last quarter. Sales have halved since 2023, and BNP Paribas sees a possible sale.