Nike is shifting to a fuller-price online model for its online store, cutting discounts and promotions.
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling ...
Nike Inc. is running into trouble in Turkey, where it has the most stores in Europe, adding to the sportswear company’s ...
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
“Nike faced several challenges in 3QF25 including lower consumer demand for its products, resulting in lower traffic to Nike stores and website, declines in orders from its wholesale accounts, a ...
Nike takes the One Tote and Backpack up a notch with a sleek new design that’s tough enough for the gym and stylish enough ...
Sports brand Nike’s revenues dropped 9% to $11.3bn (£8.73bn) during the third quarter ended 28 February 2025. Gross profit is ...
A website that publishes satirical content said in January that basketball Hall of Famer Michael Jordan cut ties with Nike, though social media users months later reshared the claim as if real.