Nike (NYSE: NKE) reported its fiscal 2025's second-quarter results on Dec. 19, beating top- and bottom-line estimates ...
with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...
Nike has shown how seriously it’s taking the rise of professional esports in China, by unveiling a set of jerseys for some of the country’s top League of Legends teams. The likes of Invictus Gaming ...
Ms Lipscombe say: "It may be that the initial six months are cheap, but you are then tied in for a further six months, or significantly more, at an expensive rate that you may not be fully aware ...
Yinan Zhu, general counsel for Europe Middle East Africa, was asked if the company sells products containing cotton from China, mainly the region of Xinjiang, where China has been accused of ...
Thai Prime Minister assured the safety of tourists in the region. China has assured India and Bangladesh that its proposed dam on the Brahmaputra River will have no negative impacts on downstream ...
To make a direct call to Canada From China, you need to follow the international dialing format given below. The dialing format is same for calling Canada mobile or land line from China. To call ...
Nike Direct has gone decently well, but it has damaged the company's wholesale business. China has been in a downturn for many companies, not just Nike. In the recent quarter, sales declined ...
To make a direct call to Australia From China, you need to follow the international dialing format given below. The dialing format is same for calling Australia mobile or land line from China. To call ...
Nike Direct has gone decently well, but it has damaged the company's wholesale business. China has been in a downturn ... Nike doesn't look that cheap now because its earnings are expected to ...
The shares have fallen about 32% in the past year, dragged down by several quarters of declining sales and market share losses.
Duffy, the Nike analyst, previously told BI that Nike had "de-emphasized some of the wholesale distribution," which had "created oxygen for some competitors to gain shelf space and recognition." ...