Nike is returning to wholesalers, after it had reduced exposure to the channel for some time, and refreshing its product ...
Nike refreshed its product lines to focus on categories such as running and basketball, reclaiming its sporting roots ...
Nike posts strong Q2 sales and beats earnings estimates despite margin pressures from tariffs and promotions. Get key ...
Nike's shares drop 10% despite beating estimates, as investors focus on profit margins, China weakness, and uncertain ...
Revenue: Up 1% on a reported basis; flat on a currency-neutral basis. NIKE Direct: Declined 9%, with NIKE Digital down 14% and NIKE Stores down 3%. Wholesale Growth: Increased by 8%. Gross Margin: ...
The footwear brand's Q4 revenue increased 15% year over year. Meanwhile, it expects tariff and currency translation headwinds ...
The company – known for its chunky cork sandals – said it expects a 100 basis points hit to annual gross margins due to US ...
Nike on Thursday edged past Wall Street expectations for quarterly revenue, but tariffs and the sportswear giant's efforts to ...
Nike shares fell sharply by 10% after the company reported decreased gross margins and raised concerns over inflationary ...
Nike on Thursday reported a drop in gross margins for the second consecutive quarter, hurt by tariffs and the sportswear ...
Footwear and sportswear retailer Footasylum will open 40 stores across the Gulf region in the next five years, via a ...
India and Oman have signed a Comprehensive Economic Partnership Agreement (CEPA), marking Oman's first such pact since 2006.