Latest Developments Nike – Page 4
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ArticleTopsports’ H1 revenues, profit tumble
Greater China’s top Nike and Adidas retailer saw sales, profit and gross margin fall in the six months to August 31.
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ArticleLululemon partners with Fanatics and NHL
Lululemon has, for the first time, in partnership with Fanatics, made the official apparel collection for NHL.
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ArticleThree sports companies on the Forbes list
When Forbes business magazine published its annual list of the World’s Best Employers, three sports companies were among the top 50. Almost.
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ArticleNewly formed Ashe brings together 30 brands in the Nordic region
Ashe is a new Nordic player in the international sports market. An investment company has now gathered five companies and 30 global to be distributed by ASHE in the Nordic region.
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ArticleJD Sports interims beat forecasts but Nike woes worry investors
JD Sports posts a better-than-expected profit increase, maintaining growth plans despite volatile conditions and Nike’s revenue decline.
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ArticleNike’s FY25 gets off on the wrong foot, with Hill ready to lead the climb back
With sales and income down for Q1, the American giant will strive to spur growth through innovation.
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ArticleWell-known brand-name products surface on Shein
Major brands face scrutiny as their products appear on Shein, sparking environmental and ethical concerns.
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ArticleNike has a new CEO
The Board and John Donahoe have decided that Donahoe will retire from his role as President and CEO from Nike.
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ArticleFoot Locker starts 50th anniversary by striking the NYSE opening bell
Foot Locker turns 50 and celebrates all through the month of September.
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ArticleEuro 2024 – The figures, the fans and the brands
Who were the fans of the Euro 2024 in Germany, how many games did they watch, and what companies did they associate with the tournament? YouGov asked a thousand people.
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ArticleFoot Locker customer prioritizes discretionary spending on footwear
Foot Locker stays on course despite economic challenges, focusing on its loyalty program, expanded brand portfolio, and upcoming mobile app launch.
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ArticleTop three changes in the 2024 Stifel US sneaker survey
Nike, New Balance and Adidas are the most popular sneaker brands in Stifel’s 17th sneaker survey.
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ArticleTenniscore: How tennis grows by conquering the fashion world
Zendaya is starring in a tennis movie, Louis Vuitton is featuring tennis stars Roger Federer and Rafael Nadal in a campaign, Highsnobiety is releasing a limited tennis capsule with Lacoste, and brands like On are getting into the game. Tennis is making a brilliant comeback!
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ArticleGrupo SBF turns a profit in Q2, improves key figures
The Brazilian group hit historical net revenue, gross income, Ebitda and net income for the period ended June 30.
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ArticleAddressing physical inactivity: Nike’s strategic approach to inspiring youth
In an exclusive interview, Nike’s Rosalyn Menon Kennedy reveals the company’s initiatives to promote an active lifestyle among youth.
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ArticleNike will aim to recapture mojo with innovation as it lowers FY25 outlook
Nike shares tumbled to their lowest level in 636 days to $82.66 in after-hours trading last evening after the company reported a 2 percent drop in Q4 revenues and flat sales in FY24 ended May 31. Ahead of the group’s earnings announcement, which included a downward revision to its FY25 ...
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ArticleDriven by purpose: the social impact of sport
Sport is a powerful force for positive social change, promoting inclusion, teamwork, and mental wellbeing. From grassroots initiatives to global campaigns, leading brands like Nike, Puma, and Adidas are using their platforms to foster community, support equality, and champion important social causes.
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ArticleIntersport, Decathlon largest clothing retailers in France
Over the past 24 years, the sporting goods chains Intersport and Decathlon have become the leading retailers of clothing in France, overtaking hypermarkets, which used to control a combined 20 percent of the clothing market in 2000, according to the study Référenseigne Fashion carried out by Kantar, a group of ...
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ArticleFoot Locker reaffirms FY outlook as ‘Lace Up’ strategy begins gaining traction
Higher average unit prices, less promotional pricing, and an improved pipeline of new products from key vendor partners in the months ahead, including Nike, has Foot Locker confident that it will meet its FY24 financial objectives. The group, celebrating its 50th anniversary this year and preparing to make a big ...
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ArticleRussian sporting goods market experiences surge in cross-border e-commerce
During the past year, the Russian sporting goods market saw a 16 percent rise in cross-border e-commerce, as customers are increasingly placing orders at foreign marketplaces, CDEK.Shopping, a Russian logistics company estimated. The company revealed that Russians purchase food additives and sporting goods in massive quantities to improve their performance ...
