Nike Plans Bengaluru Campus as Greater China Revenue Falls 26% on Currency-Neutral Basis

Nike plans to establish a Bengaluru campus for Nike, Jordan Brand and Converse, adding to its India operations as the company reorganizes while facing a sharp decline in Greater China revenue. Nike announced the project Oct. 1 as one element of Pace, which covers supply-chain upgrades, a shift to three operating regions, the India site and workforce changes. Employees already based in India will relocate in stages, and the campus is set to expand over several years. Nike has not set a firm opening date. India is already an operating market for Nike, making the campus an expansion of its footprint rather than an announced entry into the country.

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