a softer outlook in China, as well as other quarter-specific timing factors. In a stark reversal of a previous strategy that ...

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% ...

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 ...

On the other side of the ledger, Nike's business growth in China has slowed dramatically ... to a balanced distribution strategy across wholesale/DTC with little risk of disrupting [its] current ...

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 ...

Nike has said it can make more than double the profit selling goods through its own website and physical stores than it can through wholesale partners. Nike has executed a strategy to focus its ...

Incoming Nike CEO Elliott Hill will face a number of challenges, including concerns about the "newness" of Nike's products, rising competition and persistent headwinds in China. Analysts say next ...

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 the ...

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 ...

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 ...

Ahead of Elliott Hill taking over as Nike (NKE) CEO this Monday, Truist upgrades Nike to Buy from a Hold rating and raises its price target for the stock to $97 per share from $83. Truist analyst ...