[ad_1] The sneaker giant, which releases its quarterly report Thursday, is finding it hard to clear inventory. [ad_2] Source link
Tag: NKE
Brands Wanted to Cut Out Stores. Not Anymore.
[ad_1] Nike and others are selling through traditional retailers they once shunned. [ad_2] Source link
Latest China Test for Western Firms: Consumers Switching to Homegrown Labels
[ad_1] Global consumer brands grappling with a tepid economic recovery in China have another worry: Buyers in the country are turning more to local labels. [ad_2] Source link
Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
[ad_1] The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets. [ad_2] Source link
The Mystery of the NBA Team That Billions Can’t Buy
[ad_1] Nike co-founder Phil Knight and Dodgers minority owner Alan Smolinisky have offered repeatedly to buy the NBA team. Paul Allen’s heir is obligated to sell it. She says no.…
Kevin Durant Signs Lifetime Contract With Nike
[ad_1] The Phoenix Suns star is the third NBA player to land the rare deal, behind Michael Jordan and LeBron James. [ad_2] Source link
Investors View Corporate Earnings Season as Next Test for Stocks
[ad_1] This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to recent gains in the…
The Business Genius in ‘Air’ Isn’t Michael Jordan
[ad_1] There’s a scene in the new movie “Air” that should be required viewing for any executive in any line of work. It’s a conversation between Phil Knight and Sonny…
Nike Sales Jump as It Works Through Inventory Glut
[ad_1] Profit at the sneaker maker fell 11% as it relied on higher markdowns. [ad_2] Source link
Foot Locker Expects Sales, Profit to Fall in Coming Year
[ad_1] The shoe retailer is closing stores and boosting pay as new CEO Mary Dillon aims to jump-start growth. [ad_2] Source link