Nike says what others won’t: Tariffs will hurt margins. The stock heads for a 5-year low.
The sporting-apparel giant is one of only a few companies to include an estimate for how margins will trough due to tariffs ...
Nike's Sales Take a Hit as Consumers Shift Away from Expensive Sneakers, Apparel
Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.
Pakistan Mission in Shanghai celebrates 86th National Day with grand reception
BEIJING, Mar 25 (APP): The Consulate General of Pakistan in Shanghai hosted a grand reception on Sunday to commemorate the 86th Pakistan National Day, marking the historic Pakistan Resolution adopted ...
As Nike lags, CEO Elliott Hill said Ohio Buckeyes coach Ryan Day revealed the key to a strong offense
Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.
Nike shares plunge after sneaker giant warns sales could fall by double digits
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling ...
Nike’s sales are tumbling
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%.
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Sabrina Ionescu Is Trying to Grow Basketball With Her Nike Asia Tour
Stateside, the WNBA champ is influencing in other ways. According to Boardroom, the Nike Sabrina 2 is the second most popular ...
Nike forecasts fourth-quarter revenue below estimates, shares drop
Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it ...
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Nike’s sales are tumbling
The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday ... passing up expensive sneakers and athletic clothing for basics. Nike is also trying ...