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Story summary
- Nike announced it will build a new global campus in Bengaluru, India.
- CEO Elliott Hill said the campus is a long-term investment to position Nike for success.
- The campus will host corporate roles for Nike, Jordan Brand, and Converse.
- Nike expects Pace restructuring savings of about $2.5 billion through fiscal 2031.
- Greater China revenue fell 26% in the fiscal first quarter.