Nike’s $2.5 bn pace plan: Which Asian suppliers face pressure?

Nike’s Q1 FY2027 revenue fell 4 per cent to $11.21 billion, with full-year revenue forecast to drop by a high-single-digit percentage.
Greater China dropped 22 per cent and Converse 28 per cent; Dunk, Jordan and Sportswear weakened, while performance categories grew.
Pace targets $2.5 billion in savings by fiscal 2031, shifting supplier focus to productivity, flexibility and technical expertise.Nike’s Q1 FY2027 revenue fell 4 per cent to $11.21 billion, with full-year revenue forecast to drop by a high-single-digit percentage.
Greater China dropped 22 per cent and Converse 28 per cent; Dunk, Jordan and Sportswear weakened, while performance categories grew.
Pace targets $2.5 billion in savings by fiscal 2031, shifting supplier focus to productivity, flexibility and technical expertise.