World Footwear

Nike

Nike announces fourth quarter and full year results

Jun 30, 2022 / United States
The US-based company posted full year revenue growth despite the impact of COVID-19-related disruptions in China and higher freight and logistics costs in the fourth quarter performance

Nike to fully exit Russia

Jun 28, 2022 / United States
Following Russia's invasion of Ukraine, the US-based sportswear giant halted operations in the country. But now has decided to leave the Russian marketplace for good

Nike and Rtfkt studio release first digital sneakers

May 3, 2022 / United States
The collection of eight co-branded digital sneakers, dubbed Nike Cryptokicks, is modelled after the Nike Dunk sneaker and signs the brand’s entrance into digital clothing

Nike posts third quarter results

Mar 29, 2022 / United States
The US-based company reported revenue growth in the third quarter of the current fiscal year, driven by a good performance of Nike’s direct business

Fashion brands halt sales in Russia

Mar 7, 2022 / World
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February

Nike accelerates its DTC strategy

Mar 3, 2022 / United States
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts

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)
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