Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.
Shoppers are backing off the brand, and it’s up to new leadership to reinvigorate the product lines.
With a new CEO set to take over in a few weeks, the sportswear giant pulled its guidance for the year and stressed the actions it’s already taking to reset the business.
"Nike is deep in the abyss of the turnaround," Bernstein Societe Generale analysts wrote in a note. "Early signs of market ...
Nike stock is tumbling Wednesday after the retailer reported mixed earnings results and withdrew its full-year guidance.
Nike Inc.’s stock fell 6.3% on Wednesday after the athletic-apparel company’s latest quarterly results disappointed investors ...
Nike shares dropped about 6% in premarket trading on Wednesday after the company withdrew its annual revenue target, keeping investors guessing on the timeline for a turnaround at the sportswear giant ...
A special trip is being planned for the Edinburgh Premium Outlet Mall. The mall features over 70 stores where customers can enjoy savings of 25 percent to 65 percent daily. Among the over 70 stores, ...
As most people have undoubtedly heard, Nike and former Bape CEO Nigo have collaborated to introduce fans to a brand-new ...
The Gilroy Police Department is asking for the community's help in identifying a man who stole four boxes of apparel from Nike at the Gilroy Outlets.The suspect was last seen wearing a white mask ...
The gap is coming to Altoona. The outlets of Des Moines just announced *** gap factory store will open there this fall. According to the outlets, it's gonna be in the same block as Old Navy and ...
That surplus will inevitably disappear, inspiring you to build a whole new, bigger factory to catch up to demand, but that's kind of the point of the game. Still, making sure you're well-stocked ...