Nike's biggest threat is coming from young brands like Hoka and On

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Nike's biggest threat is coming from young brands like Hoka and On
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Nike's biggest threat is coming from young brands like Hoka and On Running

needs to revamp to keep up with the young brands threatening to steal its market share.

"Nike's product innovation, marketing, and demand creation need to find a balance between its dominant position in global sports and its transition to lifestyle/streetwear," they said.

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