Nike has under-performed due to distribution revamp, product design shifts, and backlash in China, impacting revenue and ...
Production at some of Nike's largest plants in Vietnam has been disrupted as Covid has spread through factories. The company refused to comment on whether store supplies would see shortages as a ...
Nike, despite its brand dominance, has seen a 27% loss YTD, while Adidas has delivered a 24% gain, post-Yeezy settlement.
The stock price decline is justified to some extent. Nike's revenue has increased mildly since FY2021. However, Nike's margin ...
Nike's decision to drop its Covid-vaccine mandate has some current and former employees up in arms. The reversal, first reported by The Oregonian, is being criticized by employees who supported ...
Why it matters As brands tackle the COVID-19 pandemic, they can potentially apply learnings from markets that were hit early by the virus to countries where the infection rates are behind the norm.
NEW YORK: Nike Inc on Thursday reported an unexpected quarterly loss - its first in more than two years - hurt by closures of department and retail stores due to lockdowns spurred by the COVID-19 ...
Demand for sportswear has slowed down for leading brands like Puma, Adidas, Nike, Skechers, and Asics after a sharp rise post ...
Scotland's first recognised outbreak of Covid, which was traced to a Nike conference in Edinburgh, did not result in community transmission of the virus. A Public Health Scotland report found a ...
Portland's Columbia Sportswear has continued to outfit Oregon's outdoorsy image with its apparel for hiking, running, biking ...
In August, Bueckers also signed an NIL deal with Unrivaled, the new winter 3×3 professional league co-founded by Breanna ...
As you can see in the table, Nike Direct had grown to become a larger share of total Nike Brand Sales every year until fiscal ...