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Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...
Nike plans to reduce its dependence on Chinese production to counter the impact of U.S. tariffs. The sportswear giant ...
The sportswear brand said Thursday it expects sales in its fiscal first quarter to drop at a rate in the mid-single digits from a year ago, moderating from a 12% decline in the fourth quarter.
Nike said it would cut its reliance on production in China to mitigate the impact from U.S. tariffs on imports, and forecast ...
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
The Trump administration’s tariffs could cost Nike $1 billion if left at current levels, according to the company's CFO.
The sneaker and athletic apparel company said sales in North America fell 11% to $4.7 billion from a year ago, driven by ...
The sneaker maker’s quarterly results should show a sharp drop, if forecasts are correct. But Wall Street is betting the ...
To claw back lost ground in the running space, Nike has invested in running shoe and sneaker lines such as Pegasus and Vomero ...
Uber is reportedly in talks to help fund Travis Kalanick's potential acquisition of Pony.ai, which has a market cap of around ...
Topsports' capital structure, almost 100% equity, is more conservative and we think the company can probably use more debt to finance its operations. Barring major acquisitions, we expect the ...