Nike's Q1 FY25 earnings report showed a 10% revenue decline and a 26% drop in earnings, driven by lower unit sales and ...
Scorched by high inflation in the U.S. and major struggles in its key market of China, shares of athletic apparel industry ...
At the time of writing, the stock has declined 37% since the article was published and the logical question now seems: Is ...
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The sports industry is growing faster than the fashion industry. Discover the most important learnings from the study "The ...
With a market cap of $113.8 billion, NIKE, Inc. (NKE) is a leading global designer, marketer, and distributor of athletic ...
Even in China, once a fast-growing market for Nike, there is stiff competition ... Nike made a decision to cut ties with some of its key wholesale partners in an effort to focus more on its ...
Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...
When Gulden took over the company last year, he said he would focus on wholesale and capitalize ... especially in China. Nike's stock price is down nearly 30% year-to-date. The sportswear giant ...
This may smack of gall. It is not even a month since UK handbag maker Mulberry spurned his takeover bid, sending Ashley’s Frasers Group packing. Frasers — of which Ashley holds 73 per cent — already ...
Like many companies, Nike is dealing with a slowdown in China. But what's particularly ... was meant to help it be less dependent on wholesale and engage directly with consumers.