Nike will be cutting back on promotional sales throughout the year, new CEO Elliott Hill told Fortune.
Nike is a compelling investment opportunity with strong brand power, global distribution, and potential for a turnaround ...
Duffy, the Nike analyst, previously told BI that Nike had "de-emphasized some of the wholesale distribution," which had "created oxygen for some competitors to gain shelf space and recognition." ...
Nike 's $31 million lawsuit against Avangrid was dismissed on Tuesday, a month after lawyers for the companies told a ...
Revenues for the NIKE brand declined 3% here, due primarily to “an unexpected decline in North America wholesale revenue,” the company reported. Stronger 1Q2018 performance in NIKE’s global ...
Gary Drenik: Brands have relied on wholesale operations for decades ... Of course, many brands—including Nike—had already begun their DTC journey long before Covid-19. Digital-native darlings ...
Katai said the firm is encouraged by a slate of new products, including Nike's new road running footwear line-up, and the company's wholesale rebuild. Katai maintained Nike with a Buy rating and ...
The decline resulted from a 21% drop in NIKE Brand Digital and a 2% fall in NIKE-owned stores. Also, wholesale revenues declined 3% year over year on a reported basis and 4% on a currency-neutral ...
More than 20 years since the basketball great retired, Nike’s Jordan premium sub-brand remains the gold standard for sports marketing, generating $7 billion in wholesale-equivalent sales in ...