a softer outlook in China, as well as other quarter-specific timing factors. In a stark reversal of a previous strategy that saw Nike pivot away from wholesale, the athletic brand is now focused ...
Sportswear firm Nike has seen online sales rise by more than 30% in China as it rides out its coronavirus store shutdowns. The US firm has shut the majority of its stores globally, but says 80% ...
These issues gained attention when it was revealed that Nike was benefiting from cheap labor in countries like China, Indonesia ... company offered shoes at a wholesale price for distribution ...
Nike has unveiled Trove, a stylish digital experience geared towards its customers in China, which celebrates the brand’s collaborations with Matthew M Williams, who helms the Maison Givenchy fashion ...
On the other side of the ledger, Nike's business growth in China has slowed dramatically ... to a balanced distribution ...
It appears as an innocent victim of the tremendous China consumer ... worry about the wholesale inventory, which has been a big trouble for other players like Li Ning and Nike in recent 2 years.
Corporate giants including Nike face growing calls to cut ties with suppliers alleged to be using "forced labour" from China's Uighur people. Activists have launched a campaign accusing firms of ...
The company reported its Q1 FY25 earnings in early October, where revenue and earnings declined 10% and 26% YoY, respectively, from lower unit sales across Nike Direct and Nike Wholesale across ...
There are valid reasons for why Nike's operations have been struggling. A new CEO, the powerful brand, and the stock's cheap valuation ... Even in China, once a fast-growing market for Nike ...
Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image, the company said on Tuesday.
The best Nike running shoes have been used by elites to produce remarkable feats in recent years. For instance, in 2023, Kelvin Kiptum shattered the marathon world record with a stunning time of 2 ...
US stock futures (ES=F, NQ=F, YM=F) are paying extra close attention to China's economic stimulus plan ... ongoing strike has gone on for over a month. Former Nike (NKE) executive Elliott Hill ...