‘We’ve never seen a 44% decline in demand for a brand’: Converse is in free fall and some suspect Nike may sell it
Summary
Converse is facing a reported 44% decline in demand, fueling concerns about the brand’s deteriorating performance and speculation that Nike could sell it.
A decline of this scale turns Converse from a weak spot into a strategic problem
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Converse’s collapse could force Nike to reconsider how it manages smaller brands in a more selective consumer market.