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% ...
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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 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 ...
Nike’s sales are tumbling
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said ...
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.
Jonathan Anderson Exits Loewe & Nike's Falling Revenue Stirs Trouble in This Week's Top Fashion News
First and foremost, one of the most rumored, yet saddening departures will take place at Loewe as Jonathan Anderson confirms ...
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EXCLUSIVE: Fanatics, Nike Back Binding Agreement to Fight Workplace Sexual Violence in Indonesia
The Central Java Agreement for Gender Justice, a first in Southeast Asia, will create safer, union-overseen conditions for ...
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 ...
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.