Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott


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Home » Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott May 6, 2021 Online sales of Adidas and Nike products at Alibaba’s Tmall plummeted in April. These sportswear brands are being targeted in a consumer boycott in China against western brands Meanwhile, Chinese athleticwear brands are “reaping” the benefits, according to Morningstar. See more stories on Insider’s business page. Adidas and Nike are feeling the effects of a consumer boycott in China. According to a note from Morningstar...