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Nike and Adidas Struggle as US Tariffs Target Vietnam Production
Nike, one of the biggest sportswear brands in the world, is already struggling with falling sales. Now, things could get even ...
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Woke mega-brand sees sales slump after being left with warehouses full of clothes and shoes no one wants
It's a bleak update in a saga that has seen arguably America's most legendary athletic fashion brand struggle to put popular ...
Nike faces steepest revenue drop in 5 years as consumer spending slows down
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
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 ...
Nike will report earnings after the bell. Here's what Wall Street expects
Nike will report fiscal third-quarter earnings after the bell on Thursday as the company tries to execute a turnaround under ...
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Nike faces steepest revenue drop in 5 years as consumer spending slows down
as its new products failed to open the wallets of Americans reluctant to snap up non-essential items like sporting goods and clothing. Downloads of Nike mobile apps for the quarter were down 35% ...