a softer outlook in China, as well as other quarter-specific timing factors. In a stark reversal of a previous strategy that saw Nike pivot away from wholesale, the athletic brand is now focused ...

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 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 ...

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 ...

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 ...

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 ...

Under Armour Inc. Cl C 4.11% $3.78B Under Armour Inc. Cl A 4.14% $3.78B ...

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