Nike’s revised forecast causes ripples in sportswear stocks amid spending slowdown- Republic World

[ad_1] Nike’s revised forecast causes ripples in sportswear stocks. | Image:Unsplash Nike, a prominent player in the sportswear industry, witnessed a significant dip of 12 per cent in pre-market trading…

Case Study | Inside Nike’s Radical Direct-to-Consumer Strategy

[ad_1] In October 2020, in the middle of a global pandemic that had infected 188 countries, causing record sales damage across the retail sector, Nike’s share price hit an all-time…

Reckitt Benckiser CFO to Retire; Nike’s Shannon Eisenhardt Named as Replacement — Update

[ad_1] Reckitt Benckiser’s CFO plans to step down on March 31 and will be replaced by Nike’s Shannon Eisenhardt. [ad_2] Source link

Why bots make it so hard to buy Nikes

[ad_1] Sneakers are among the most sought-after collectible items. They’re also a prime target for scalpers. Grand View Research values the global sneaker industry at $86 billion and predicts it…

‘What truly drives our business at the high level is product and brand’: Nike’s vp of Direct on its DTC playbook, membership strategy & ‘three big drivers’ behind digital sales

[ad_1] By the numbers, Nike’s direct-to-consumer business is growing more robust by the year. Today, the company has 8,000 brick-and-mortar stores, five global store concepts (Nike Rise, Nike House of…

Nike’s D2C Sales Strategy Pays Off | PYMNTS.com

[ad_1] NIKE logo. Nike neon store sign in shop window. Minsk, Belarus – February, 2022 Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in…

Nike’s holiday quarter plagued by bloated inventory, weak China sales

[ad_1] Nike easily beat Wall Street’s estimates for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margins and sales in China fell short…

Disney to make Nike’s Mark Parker chairman as it opposes activist investor Peltz’s push to join board

[ad_1] Mark Parker Chris Ratcliffe | Bloomberg | Getty Images The Walt Disney Company has named Mark Parker, the executive chairman of Nike, its next chairman of the board, while…

Nike’s Inventory Problem: Passing It Along

[ad_1] Markets Heard on the Street The apparel maker’s inventory still looks bloated, but it has wholesale customers clamoring for its products [ad_2] Source link