Brands like Hoka and On are threatening Nike in the running-shoe category. It could turn to prior Adidas competition to rebound, analysts say.
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Nike can take a leaf out of its past struggles with Adidas to boost sales, analysts sayIt trailed behind ASICS, Adidas, Brooks, and Hoka in running-shoe launches in 2024, according to data from BMO. Back in 2017, Nike responded to the Adidas Ultra Boost with the Epic React ...
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