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 ...

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’s “Greater China” segment is roughly 15% of the company's total revenue (it peaked near 22% in late ’21) but 33% of its operating income. Despite the retail channel mishaps in the US ...

Both Sinner and Kalinskaya are currently in Beijing, competing in the 2024 China Open. Before switching to Nike, Kalinskaya wore Adidas apparel in the early stages of her career and then partnered ...

By focusing almost exclusively on scaling its own digital platforms, apps, and virtual ventures, Nike alienated key wholesale partners and overlooked the growing demand for authentic, community ...

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024. On September 19, 2024, NIKE, Inc. announced that ...

Nike Inc. owes attorneys’ fees for engaging in unreasonable litigation tactics against Lontex Corp. in a trademark ...

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 ...

Stealing from strangers? TikTokkers say, just do it. Teens on a stealing spree are nabbing the zippers off of Nike Elite backpacks, accumulating dozens and reselling them for a pretty penny to ...

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 ...

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.

It is getting too easy to score a pair of limited-edition Jordan sneakers, and that is a big problem for Nike NKE0.64%increase; green up pointing triangle, as evidenced by the sneaker giant’s ...