Nike Navigates Controversy Once Again in All-Important China
- Company caught up in potential boycott over cotton sourcing
- Shares fall along with Hennes & Mauritz and Burberry
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Nike Inc. is walking a fine line in China -- its fastest-growing market -- amid a brewing controversy over its business practices there.
The ire stems from this conundrum: Embrace cotton from the contentious Xinjiang region, where there are allegations of forced labor, or reject it and risk a boycott in the world’s second-biggest economy.