World Footwear

Nike

Pou Sheng strengths partnership with Nike in China

Jan 18, 2022 / China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience

Fashion bets on data-analysis science

Jan 4, 2022 / World
The Retail Data-Forwardness Index shows that 22 leading global fashion companies employed 40.3% more data related professionals in 2021 than in 2020

Nike posts solid performance

Dec 22, 2021 / United States
The US-based company reported strong performance in the second quarter of fiscal 2022, driven by sales in the North America region, and amidst ongoing impact of supply chain disruptions

Nike accelerates its digital transformation

Dec 14, 2021 / United States
The company has announced the acquisition of RTFKT, which is a brand known for creating viral sneakers designs and collectible exclusives. The terms of the deal will not be disclosed

Nike takes its first steps into metaverse

Nov 22, 2021 / United States
The company has filed several trademarks applications for various virtual goods, which indicates its intention to make and sell digital Nike-branded sneakers and apparel in digital worlds

Pou Chen struggles with Vietnamese labour shortage

Nov 17, 2021 / Vietnam
The Taiwanese manufacturer of branded sports footwear is facing a labour shortage in Vietnam, which is aggravating supply chain disruptions. Its clients include Nike, adidas and Reebok

Dick’s Sporting Goods and Nike in new partnership

Nov 8, 2021 / United States
According to both tags this is a new connected partnership designed to enhance the shopping experience for their customers. This collaboration will allow Dick’s and Nike to each reach more customers and provide them with access to exclusive products, experiences and offers

Nike displays LeBron James Innovation Center

Oct 11, 2021 / United States
Located at the centre of the sportswear giant’s headquarters in Oregon, the LeBron James Innovation Centre will also house the renovated Nike Sport Research Lab (NSRL)

Nike reports increase in revenue

Sep 30, 2021 / United States
The US-based company has announced the results for the first quarter of the current fiscal 2022. Revenue increased by 16% to 12.2 billion US dollars (up by 12% currency neutral basis)

COVID-19 outbreak in Vietnam threats footwear exports

Aug 3, 2021 / Vietnam
Strict lockdown measures to suppress Vietnam’s outbreak of COVID-19 threatens to lead to a decline in footwear exports in the second half of 2021. Companies such as Nike are already facing supply chain disruptions

Pou Chen suspends production at Vietnam plant

Jul 15, 2021 / Vietnam
One of Nike and Adidas most well-known suppliers of footwear, suspended operations at its plant in Ho Chi Minh City on Wednesday as a strong wave of COVID-19 hits the city

Nike with strong set of results

Jun 28, 2021 / United States
Nike reported fourth quarter revenue totalling 12.3 billion US dollars, up by 96% compared to prior year and increasing by 21% compared to the fourth quarter of 2019. Full year reported revenue increasing by 19% to 44.5 billion US dollars

Nike is the most resold fashion brand in the world

Jun 25, 2021 / United States
According to a new study conducted by Energy switching site SaveOnEnergy, Nike leads the rank of world’s most resold fashion brands. The site surveyed millions of listings across online resale platforms like eBay, Depop, ASOS Marketplace, Etsy and Vestiaire Collective

Nike to stop selling to six wholesale players

Apr 2, 2021 / United States
In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports, and Big Five

Revenue up by 3% for Nike

Mar 22, 2021 / United States
The US-based sportswear giant reported fiscal 2021 financial results for its third quarter ended on the 28th of February 2021. Revenue increased by 3% to 10.4 billion US dollars compared to the prior year
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