Nike's stock declined due to challenges in turning around its Converse brand and Greater China operations, despite overall better-than-expected quarterly sales. The company is focusing on strategic actions in China and restructuring Converse, while North America and the running category are bright spots, with North America leading sales growth and the running segment showing strong performance. The company acknowledges that recovery efforts will take time, especially in China, where margins have significantly contracted.
Despite the arrest of Amber Herring for allegedly stealing a submachine gun from a Converse gun range, the weapon, identified as a Heckler Koch Fully Automatic 9mm MP5, is still missing. Bexar County Sheriff's Office is asking the public for help in locating the weapon and urges anyone with information to contact them. The MP5 submachine gun is capable of firing up to 800 rounds per minute.
A woman stole a Heckler Koch Fully Automatic 9mm MP5 machine gun from LoneStar Handgun shooting range in Converse, Texas, on Friday. The woman provided a fake phone number and email address and drove off in a white Ford Ranger extended cab. The Bexar County Sheriff's Office is asking for help in identifying and locating the suspect. The owner of the shooting range is hoping someone recognizes her so they can get the gun off the streets.