Nike
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
Nike to raise prices by next week, to return to selling on Amazon, media reports say
NIKE is set to raise prices on several of its products starting next week and will also return to selling its products at online retail giant Amazon, according to media reports, as President Donald Tr...
Nike lays off some workers in shakeup of technology division
Efforts to recapture growth by refocusing on sports and wholesale channels have been complicated by US President Donald Trump’s trade war and uneven spending by US consumers
Nike president O’Neill out in latest shake-up under new CEO
Elliott Hill says that the company is resetting its priorities and that management has decided to change its structure at the top of the organisation
