NKE faces a 10% revenue decline in China but leans on sport-led innovations and a global playbook to restore momentum across ...
Nike’s business grew in China for the second consecutive quarter, a sign that the Swoosh can continue to regain market share and momentum in the crucial region. Q3 revenues in Greater China grew 1%, ...
Official images, shopping information, and tech specs for the Nike Kobe 9 Low Protro EM "China" basketball shoes.
Nike has seen continual margin compression since early 2022 because of increased competition abroad and rising costs. The company still has no plan to deal with the recent success local competitors ...
In Guangzhou, where the National Games of China are underway across the Greater Bay Area, Nike has traded in its signature swoosh for soup. You read that right.
Nike will discontinue its Nike Run Club app in China starting in July, Reuters reported. According to reports, the sportswear giant informed runners in mainland China via a notice in the app that said ...
I believe Nike's long-term high-single-digit sales growth target is at risk due to boycotts in China and rising local competition from brands like Anta and Li Ning. Greater China represents around 17% ...
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As part of the changes, Chief Supply Chain Officer Venky Alagirisamy will become chief operating officer, and Nike’s four ...
In a news release, Nike CEO Elliott Hill said the reorganization is designed to eliminate layers of bureaucracy and improve ...
Nike is deactivating its Run Club app in China, becoming the latest Western company to reconfigure its business in the world’s second largest economy. The US sportswear giant posted a notice to ...
Nike reported $11.36 billion in quarterly sales Monday night, ahead of the $11.25 billion expected by analysts. In North America, Nike's biggest geography, sales were up 12% to $4.5 billion. But ...
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