BEAVERTON, Ore. — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for new sneaker models and other products.
Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products. The lackluster results ...
"Nike has done itself no favors with a lack of focus and oomph in a market where far more effort and exertion is needed to hold onto sales,” he said. “There is a general sense that Nike has ...
Nike’s Sales Are in a Funk. It’s Working Off a Jordan Hangover. It is too easy to score a pair of limited-edition Jordan sneakers, and that is a big problem for Nike.