Nike
Nike slashes 775 jobs in US to speed up automation, boost profit
The sportswear brand has undergone several rounds of layoffs in recent years
Nike reshuffles regional leadership as it looks to strengthen key markets
SPORTSWEAR giant Nike said on Tuesday it had appointed new leaders for its Europe, Middle East and Africa (EMEA), Greater China as well as Asia Pacific and Latin America regions, as it works to rebuil...
Maduro’s Nike tech sweatsuit was bound to become a meme
After Trump shared an unverified photo of Maduro in US custody, online chatter fixated on his clothes
Nike climbs as Apple’s Tim Cook buys US$3 million in stock
[NEW YORK] Nike shares ticked up 2 per cent in premarket trading on Wednesday (Dec 24) after Apple CEO Tim Cook bought nearly US$3 million worth of the sportswear maker’s stock.
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines
Nike continues to shake up leadership team under CEO Elliott Hill
The world’s largest sportswear company has lost customers by leaning too hard on selling lifestyle sneakers
Nike reports surprise revenue rise amid CEO Hill’s turnaround efforts
The company makes nearly all its shoes in countries hit with steep duties under US President Donald Trump
Lululemon faces new threat with debut of Nike-Kardashian line
NikeSkims offers lower prices across critical categories such as track jackets, sports bras and leggings
Nike profits sink but company says it is turning a corner
[NEW YORK] Nike reported sharply lower quarterly profits on Thursday, but signalled it was past the worst stage of a corporate retooling as it implements “surgical” US price increases to defray tariff...
Nike delays launch of women’s brand in partnership with Kim Kardashian’s Skims
The new brand is set to be called NikeSKIMS, and is expected to include training apparel, footwear and accessories for women