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Nike’s Sales Fall 10%. It’s Working Off a Jordan Hangover.
The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
Nike Sales Slump as Shoppers Step Back
Shoppers are backing off the brand, and it’s up to new leadership to reinvigorate the product lines. Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products.
Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for new sneaker models and other products. The lackluster results Tuesday came after Nike announced last month that its CEO,
Will Nike Sales Miss the Mark Again?
Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut its annual sales forecast again. Will Nike's efforts to aggressively reduce supply of its most iconic sneakers help revive consumer interest?
2h
Women’s-Exclusive Style of Michael Jordan’s Air Jordan 12 Will Be Released This Holiday Season
The latest late-2024 Air Jordan 12 Retro release to surface is a women’s-exclusive “Phantom” colorway. Coming in ...
5d
SNX: This Week’s Best Sneaker Drops, Including The Latest Travis Scott Air Jordan 1 & More
Here it is — La Flame’s latest link-up with Nike, the Travis Scott x Air Jordan 1 Low Medium Olive. The sneaker sports a ...
12d
The Perfect Fall Air Jordan 1 Is Dropping This Weekend—and It Should Be Pretty Easy to Cop
One of the best retro Air Jordan releases of the year is arriving this weekend, though to surprisingly little fanfare. The ...
1d
How to Get Notifications for the Wu-Tang x Nike Dunk Release
The details on the sneaker's release have yet to be announced, but fans can sign up to be notified of the drop via the ...
Complex
18d
Ja Morant's Second Nike Signature Shoe Debuts This Month
With the 2024-25 NBA season right around the corner, Nike is gearing up to release Memphis Grizzlies guard Ja Morant's second ...
3d
Patriots' Robert Kraft releasing his own Nike Air Force 1
What do you think of Robert Kraft's latest Nike Air Force 1? Check our Sneakers news for more upcoming releases and breaking ...
Global Grind
2d
Cassius Approves: NIGO Connects With Nike, Telfar Goes Luxe With Real Leather, & More
Welcome to Cassius Approves, where the team drops off some of the hottest items around in fashion, sneakers, tech & more.
7d
SNX: This Week’s Best Sneakers Including The SB Dunk Verdy Blue Gaze, Bad Bunny Adidas Gazelle & More
Inspired by Verdy’s fan-favorite Visty plushie, this Sb Dunk sports a corduroy upper with furry pastel underlays, a padded ...
8d
The Nigo x Nike Air Force 3 Is 2024’s Most Important Sneaker
Nigo is here. Well, he’s always been here. The legendary designer has been a cornerstone of modern sneaker and streetwear ...
7d
Ja Morant's debut Nike Ja 2 will be released on Thursday. Here's everything to know
Ja Morant's second signature shoe, the Nike Ja 2, is set to be released this week. Here's everything you need to know.
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