Consumer

Nike Changes Greater China Leadership in Bid to Recapture Growth

Nike Inc.’s top executive in Greater China, Angela Dong, is stepping down as the sportswear company looks to reverse a sales decline in the market.

Dong will leave Nike on March 31, the company said in a statementBloomberg Terminal. She’ll be replaced by Cathy Sparks who was previously leading the Asia Pacific and Latin America division. Nike also announced changes for the leadership of the Europe Middle East and Africa division.