Nike
Nike beats expectations
The Oregon-based sportswear giant reported earnings rising by 10.4% in the second quarter. A 9.6% revenue gain was registered. Earnings and revenues both topped expectations as margins improved and strong sales were witnessed in North America and China
Double-digit growth for Nike's revenue
The Oregon-based sportswear giant has announced results for the fourth quarter and fiscal 2018. Revenue grew by 13% in the last quarter pf the year. Year closed with a 6% increase in revenue
Nike to sell on Jet.com
Walmart-owned Jet.com will start offering Nike product in October ahead of the holiday season as part of a relaunch focused on urban dwellers. Converse will also be available
Nike Vaporfly 4%: boosting running economy
According to studies from both the New York Times and the journal Sports Medicine, Vaporflys do improve running times considerably, but questions are being raised: is this ethically acceptable?
Nike appoints new Chief Sustainability Officer
Sportswear group Nike has appointed Noel Kinder as its new Chief Sustainability Officer (CSO), effective from the 5th of September onwards
Nike is working on customer engagement
The US-based sportswear giant is set to bring back in-store traffic through Nike Live, a new tech-driven concept store at the intersection of digital and physical retail
Nike's recovery in the last quarter
Fourth quarter revenue increased by 13% totaling 9.8 billion US dollars, driven by strong double-digit revenue growth in international markets and Nike Direct globally and a return to growth in North America
Nike refuses to supply Iran for World Cup
Nike won’t be providing cleats for Iran’s national team to abide by US reinstated sanctions on Iran. Seeing footballers compete barefoot for a world title would be a first
Nike's VP leaves company
Greg Thompson, VP of Express Lane Footwear, has left the company, a company spokesman said. This is the most recent announcement in a series of executive departures at the sportswear giant Nike
Nike with robust earnings from digital sales
Nike reported financial results for its fiscal 2018 third quarter ended on the 28th February. Revenue growth was led by international geographies and Nike Direct globally
Nike consolidates revenue
The Oregon-based sportswear company announced its financial results for the second quarter, marked by revenue growth driven by international geographies and continued strength in Nike Direct
Better than expected month for athletic footwear
According to the NPD Group’s, US athletic footwear sales were better than expected in November, likely driven by the unprecedented promotional environment
Flex’s new factory to add thousands of jobs
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike
Foot Locker and Nike join to elevate customer experience
Foot Locker and Nike are moving into an elevated partnership model. The two companies are again joining forces to offer new experiences to consumers through innovative in-store and pop-up opportunities-
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