$Nike (NKE.US)$$adidas AG (ADDYY.US)$ In September, Nike rep...

$Nike(NKE.US)$ $adidas AG(ADDYY.US)$ In September, Nike reported a 16% year-over-year increase in revenue to $12.2 billion in the first quarter of fiscal 2022 in its latest earnings report. In November, Adidas reported third-quarter fiscal 2021 revenue of $6.6 billion, up 3.4% from a year earlier, while operating profit fell 8.5%. Nike's revenue in China rose just 11% in the first quarter to $1.98 billion. In the third quarter of fiscal 2021, Adidas's revenue in Greater China fell 15%.