Topsports says no official notice from Nike on ending China online distributorship authorization

NIKE, Inc. Class B

NKE

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Topsports addressed market speculation that Nike may end first-tier online distributorship authorizations in mainland China from Jan. 1, 2027.
No official notice has been received from Nike on terminating the group’s mainland China online distributorship arrangement.
Online sales of Nike products contributed about 22% of group revenue in the financial year ended Feb. 28, 2026.
Shares were halted on June 25 pending the statement; trading is set to resume at 9:00 a.m. on June 26.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Topsports International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260625-12214714), on June 25, 2026, and is solely responsible for the information contained therein.

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