NIKE SET TO RE-LAUNCH INDIA ONLINE OPERATIONS WITH NYKAA AS LOCAL PARTNER

Sportswear brand Nike has announced that beauty and fashion retailer

will take over it's operations in India from Feb26. This move is aimed at enhancing the online shopping experience through faster deliveries, simplified returns and curated product offerings. Under the new setup, customers in India will be offered free shipping on all orders, along with free exchanges on the same product purchased. Nike also plans to introduce quicker delivery timelines, with two-day delivery promised in metro cities and up to four days for other regions across the country. With a market cap of Rs 70,207 crore, can witness a strong sales and profit growth with this new business model.