Asia. From the Inside.

How a brand is configured in Asia decides more than what it owns.

We work on sport and lifestyle brands in China, Korea, and Japan.

June 2026 · Li-Ning

Li-Ning paid for Stephen Curry, and the signature shoe was never going to return it. The volume and the margin sit a tier below, in the team and lifestyle models around 700 to 999 CNY.

The Curry Shoe Was Never the Point →
May 2026 · Nike

Nike China's numbers do not read the way the headlines do. Seven straight quarters of decline sit next to rising profitability in the same segment, and management is guiding the next quarter worse on purpose.

Why Nike's China Comeback Is a Configuration Question →
Wei Kan, quoted in Bloomberg · The Wall Street Journal · Reuters · BBC · Nikkei Asia · Footwear News · Het Financieele Dagblad

Brands

A decision is on the table and needs a read before it is committed. The first engagement is usually one question, answered in writing.

See how engagements work →

Research

Analysts covering the category ask about the operating reality behind the reported numbers. Consultations and commissioned work are scoped on enquiry.

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The practice

Work comes to us as a decision that is already pending, usually with a date attached.

Every engagement is scoped and priced in writing before it starts. Client work is confidential and is not discussed publicly. What appears here rests on established analytical frameworks applied to information that is publicly available.

Conduit Asia is the trading name of Conduit International Limited, registered in Hong Kong. We work from Shanghai.

wei.kan@conduitasia.com

Published work draws only on public information and established analytical frameworks. It contains no confidential client information and no non-public information from former employers. Conduit Asia does not provide investment advice and does not issue ratings on securities.