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.
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Nike, the world’s largest athletic apparel brand, has moved to hinder public scrutiny of its corporate jets after ProPublica ...
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...
During a time of organizational change, it’s important for business leaders to communicate with and listen to their employees ...
Today on Catalysts, hosts Brad Smith dissect the ongoing US port strike and trending company news. The show begins with a ...
Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving ...
The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.
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Nike CEO John Donahoe To Step Down From The Position Amidst Nike's Struggle 2024, Former CEO Elliott Hill To Return ...
Nike reports their fiscal Q1 ’25 after the market closes on October 1. Sell-side consensus is expecting $0.52 in EPS and ...
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Nike faces backlash over Caitlin Clark treatment since $28 million dealAfter penning an eight-figure deal with sportswear giants, WNBA rookie superstar Caitlin Clark has had minimal involvement ...
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