Based on this case study, please suggest a marketing strategy based on the marketing mix: product. Please include real-life statistics to support the answer

Nike has long been viewed as immune to the struggles of the apparel industry, but the sector is still ailing, and consumers, for the most part, do not want to spend money on apparel. A recent Morgan Stanley report predicts that apparel and footwear sales will grow 1-3% over the next three months, but the report showed that year-over-year growth on a 3-month average for clothing and accessory stores was down -5%. The sporting goods, hobby, book, and music store category was up 4.9%