Nike faces steepest revenue drop in 5 years as consumer spending slows down
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
Nike to post worst revenue fall in 5 years on stagnant demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
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Nike’s Supply Chain Workers Continue to ‘Fight the Heist’
On Friday, 1,000 garment workers in South and Southeast Asia risked retaliation by going public with their faces in a ...
Nike’s sales are tumbling
The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike ...
Nike to Post Worst Sales Drop 5 Years on Stagnant Demand
The shoe company has run into a slump, but a partnership with Kim Kardashian could be a step towards a turnaround.
Now that Nike has turned its back on fashion, will the move pay off?
Elliott Hill has made his strategy for turning around Nike Inc very clear in his first five months as chief executive officer ...
Nike forecasts fourth-quarter revenue below estimates, shares drop
Nike has forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works ...
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EXEC: The Apparel Brands Bringing the Brand Heat in 2025
L.E.K. Consulting based its Brand Heat Index on a survey of nearly 5,000 U.S. consumers between the ages of 14 and 55. Within ...
Should Investors Buy Nike Stock as its Q3 Earnings Approach?
Investors will get a glimpse at how the consumer discretionary sector is fairing with Nike (NKE) set to release results for its fiscal third quarter after-market hours on Thursday, March 20.