By KIM BHASIN Nike’s efforts to reinvigorate its business are showing some results despite continued challenges in China and with its ailing Converse brand. Sales rose 1% in Nike’s most recent quarter, which ended Nov. 30, propped up by strong performance in North America, the company said Thursday. Still, income fell 32%, weighed down by woes in mainland China, Hong Kong and Taiwan, where revenue fell 17%. Broadly, Nike is trying to recover after a series of missteps led to a lengthy sales...