In the interim, Nike’s businesses in China, Europe and even in the U.S. are expected to take a hit, as the virus remains uncontained. U.S. footwear imports from China just had their worst January in a decade, for example, meaning shoes are not coming into the U.S. in as large quantities as they typically do. Manufacturing facilities in China, where 70% of footwear sold in the U.S. originates, are not yet back up and running at full capacity.