Latest Developments Nike – Page 3
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ArticleNike keeps changing management, Amy Montagne new President
Four people are involved as Nike continues to make strategic changes to its Senior Leadership Team, and one loyal servant is set to retire.
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ArticleNike promotes loyal servant as Chief Strategy Officer
Nike keeps swapping people in the company. Jennifer Hartley, a 14-year company veteran, is the latest, and the 15th key person in the last nine months.
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ArticleUS President Trump sets ‘reciprocal tariffs’
US tariffs on goods from Vietnam, where much sports manufacturing has moved from China, are more than doubling.
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ArticleFormer Nike GM becomes Rip Curl’s new CEO
An Aussie returns home. Former Vice President & General Manager of Nike Pacific will work for Rip Curl from now on.
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ArticleNike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’
Nike moving with “focus and urgency,” but sets realistic outlook for complete turnaround.
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ArticlePuma replaces Nike as official matchball supplier to Premier League
Already the partner to Serie A in Italy, Puma will start to deliver matchballs to all Premier League games in 2025/26.
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ArticleOutlook – How Adidas seeks to become a healthy company again
“Making things simpler is the most difficult task we have,” says CEO Bjørn Gulden, but that is not the only challenge Adidas faces.
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ArticleAdidas replaces Nike as Liverpool kit partner for €357m
Adidas and the club will sign a five-year partnership in August to start together in the 2025/26 season.
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ArticleFoot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25
The group will do another 300 store refreshes (following 400 in 2024) and 80 additional “Reimagined” doors.
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ArticleArc’teryx delivered over $2bn in FY24 revenues for Amer Sports
A financial turning point in Amer Sports’ journey occurred in Q4. Arc’teryx is still the strongest brand in Amer’s portfolio.
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ArticleNike scores mixed feedback from NFL Super Bowl ad
Nike’s “You Can’t Win, So Win” ad during Super Bowl broadcast, did not land a decisive victory for the brand.
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ArticleCan Elliot Hill ‘swoosh’ Nike back to the top and does the company have another Jordan in its portfolio?
In a recent interview with Fortune magazine, Nike CEO Elliot Hill had plenty of opportunity to talk about Nike’s fall and how he believes it is returning to the top. It all became a long talk of the need for innovation and new Nike icons.
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ArticleSport 2000 reports steady growth despite market challenges in 2024
Specialists and the running category drove growth for the retailer alliance Sport 2000 in 2024.
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ArticleTrump’s many executive orders – and some potential effects
US President Trump has already issued a number of executive orders (EOs) since his recent swearing-in. Join us for a selective review.
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ArticleJD Sports warns on profit again as rivals discount stock
JD Sports has issued its second profit warning in two months, citing heavy discounting among market rivals.
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ArticleNike has a tough run as Q2 results show Ebit down 26%
“This isn’t going to be easy, but we’re ready for the challenge.” Ebit is down 26 percent, after three seasons of loss, but Nike CEO Hill sees light at the end of a long tunnel.
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ArticleOutlook 2025: Chances for the sporting goods industry
What does 2025 have in store for the sporting goods industry? Our comprehensive analysis finds six opportunities for growth.
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ArticleBook chronicling the sporting goods industry is out now
Eugenio Di Maria’s comprehensive new book explores the evolution of the global sporting goods and outdoor industries. It provides insights for decision-makers.
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ArticleKey Q3 developments lead Foot Locker to lower FY guidance
Foot Locker’s operating income fell 74% to $12 million in Q3. Total sales declined 1.4% to $1.96 billion.
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ArticleJD Sports warns profit will be at lower end of range after ‘volatile’ October
The retailer warns of lower profits as October sales slip amid discounting and consumer caution, but expansion plans fuel long-term growth hopes.