Sourcing Journal on MSN1d
Nike's Supply Chain Workers Continue to ‘Fight the Heist'
On Friday, 1,000 garment workers in South and Southeast Asia risked retaliation by going public with their faces in a ...
Nike Forecast Steeper Fourth-Quarter Sales Drop in Early Days of Turnaround
Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a ...
New York Post4d
Nike shares plunge after sneaker giant warns sales could fall by double digits
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits.
CNN5d
Nike’s sales are tumbling
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But ...
Nike shares pop as the sneaker giant beats Wall Street's lowly expectations
CFRA analyst Zachary Warring said Hill can revive the company, but investors likely won't see the same growth from 10 to 15 years ago given its sheer size at a $108 billion market cap. That's compared ...