China Problems for US Sportswear Giant Nike As Shares Tumble | The Pulse 12/19

/ 4 days ago December 19, 2025

From Bloomberg Markets and Finance.

Nike shares sank after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world’s largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth.

Today’s guests: Michael Metcalfe, State Street, Head of Macro Strategy; Chris Brett, CBRE, Capital Markets Europe Head; Vania Stavrakeva, London Business School Professor; Anton Osika, Lovable CEO & Co-Founder; Amy Gower, Morgan Stanley, Metals and Mining Strategist.

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse
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00:04:24 – Yen Weakens Despite BOJ Hiking Rate to Highest Level Since 1995
00:08:40 – Michael Metcalfe, State Street, Head of Macro Strategy
00:15:51 – Chris Brett, CBRE, Capital Markets Europe Head
00:25:46 – Vania Stavrakeva, London Business School Professor
00:32:18 – Lovable Raises at $6.6 Billion Valuation After Tripling Revenue
00:33:51 – Anton Osika, Lovable CEO & Co-Founder
00:39:45 – Amy Gower, Morgan Stanley, Metals and Mining Strategist
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