Nike shares fell 5% in after-hours trading after the company reported a 9% decline in sales during the winter months and said it expected a similar drop in the spring season. “We're not ...
Of Nike's 10 most recent quarterly reports, eight sparked violent stock moves—six lower, two higher. (Aaron Doster/Reuters) 🔎 This is an online version of our Markets A.M. newsletter by ...
Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through ...
Nike Direct revenue fell 12% to $4.7 billion, while wholesale revenue dipped 7% to $6.2 billion. Sales for its Converse unit fell 18% to $405 million. Gross margin in the quarter was down 330 ...
Nike Inc.’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a growing trade war. Shares fell in pre-market trading Friday as the ...
Nike Inc. is running into trouble in Turkey, where it has the most stores in Europe, adding to the sportswear company’s headaches. Unionized retail employees at nine Turkish Nike stores are set ...
Supreme is back with Nike for a new collaboration. As one of the longest footwear partners in collabs with Supreme, the two have cooked up some of the most coveted trainers in the world of footwear.
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It also features a removable note card with a spot just right for tucking in a folded wedding check. When you’re going registry rogue, there’s no safer gift than cash, but digital transfers ...
The new ID cards to eliminate the need for physical cards for Pakistanis A worker of the National Database and Registration Authority (NADRA) checks newly printed government identity cards of ...
Craft retailer Joann is no longer accepting use of their own gift cards. The chain is undergoing a liquidation process after filing for bankruptcy in January. Initial plans were to close over 500 ...
Joan Oanes says she was baffled to learn a gift card she had purchased had been drained of all its money. The $50 Lululemon gift card was bought last October at a Shoppers Drug Mart location in ...