In a stark reversal of a previous strategy that saw Nike pivot away from wholesale, the athletic brand is now focused even more on building its retailer relationships as it works to turnaround the ...

Nike CEO John Donahoe acknowledged Friday that the company moved too far away from wholesale partners like Macy's and DSW in its quest to become a retailer that primarily sells merchandise to ...

Nike's Q1 FY25 earnings report showed a 10% revenue decline and a 26% drop in earnings, driven by lower unit sales and ...

and wholesale relationships led to some of the slowest growth in the company's history. In fact, Nike sales declined by double digits in its fiscal first quarter, showing how far the vaunted ...

Nike’s greatest asset is its brand, which has stood the test of time. Nike shares trade at a historically cheap valuation. It's no wonder shares are down 6% since that announcement (as of Oct. 16).

Since then, Nike’s Jordan brand has grown to be one of its most valuable assets — its revenue has doubled since 2020, and its wholesale revenue grew 6% while wholesale revenue for men's ...

(Reuters) -Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that is staring at a holiday season likely to be filled with ...