News Formal

Nike CEO pressed on not addressing Chinese human rights abuses: 'China is a very important market for us'

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 87%

Business News News

Business Business Latest News,Business Business Headlines

Nike CEO John Donahoe appeared to defend the company's woke 'values' in a new interview, while dodging a question about its business with China amid the ruling Communist Party's human rights abuses in Xinjiang and Hong Kong.

In a Thursday interview on CNBC, host Sara Eisen asked whether Nike has to"sacrifice its values" to continue doing business in China, given its reported horrific treatment of Uighur Muslims, Hong Kong citizens and journalists, and charges it covered up the true origins of the coronavirus pandemic.

Donahoe went on to assert that Nike has been"globally successful" by operating"very aligned with our values – always have been – always will, including throughout our entire supply chain."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CEO of Wrangler parent says 'global casualization' will continue to dominate apparel marketScott Baxter, CEO of Wrangler parent Kontoor Brands, told CNBC the pandemic-inspired casual clothing boom will continue to lead apparel sales.
Source: CNBC - 🏆 12. / 72 Read more »