And to make matters even better, you can sign up for a free Nike membership for exclusive discounts, free shipping on select orders and so much more! Keep scrolling to learn about the no-cost ...
Nike was recently hit by a backlash over statements about Xinjiang The boss of Nike has made a robust defence of the firm's business in China after facing a consumer boycott there. Chief executive ...
Hill re-joining Nike is a positive development, the analyst added, with the change potentially improving culture and the company's wholesale channel ... strength in China and weakness in North ...
Nike continues to have high exposure to wholesale accounts, especially in North America, where it sells through specialty sporting goods stores, department stores, and elsewhere, and in China ...
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 ...
Fourth-quarter sales were down 2% year over year, and Nike Direct sales dropped 7%. Digital sales were down 10%, while wholesale was up 8%. That gives some insight into consumer behavior right now.
Share repurchases are more effective when profits are steady and shares are cheap. Nike is grabbing headlines because it suddenly and surprisingly made a change at the CEO position. After he led ...
Tom Peddie becomes Nike’s vice president ... with resellers “finding opportunities between wholesale and retail” to offer attractive prices for buyers. “In the catalog of StockX, we ...
We saw particular softness in traffic on NIKE Digital, as well as in our partner stores in Greater China ... stores down 1%. Wholesale declined 11%, reflecting unfavorable shipping timing.
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to ...
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.
You’re reading a free article with opinions ... were down 2% year over year, and Nike Direct sales dropped 7%. Digital sales were down 10%, while wholesale was up 8%. That gives some insight ...