with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...
The company generates 43% of sales in NA, 28% from EMEA, 15% in Greater China, and 14% in APLA. Wholesale is 56% of sales, while direct-to-consumer sales account for 44%. Nike remains a Shoe Dog ...
Nike's decision to exit several wholesale doors in 2021 has kept the company behind competitors that have achieved controlled distribution in crucial channels like run specialty. Now, Hill must ...