Nike’s sales are tumbling
The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike ...
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 to post worst revenue fall in 5 years on stagnant demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
Nike outlines Q4 revenue decline amid product and inventory shifts
Q3 2025 Management View CEO Elliott Hill emphasized progress on strategic actions aimed at repositioning NIKE's business and brand. He highlighted the "Win Now" priorities, focusing on five fields of ...
Nike turnaround a work in progress, but CEO says company on ‘right path’
Nike’s turnaround effort remains a work in progress, but new CEO Elliott Hill on Thursday said the company is on the “right path.” The company reported quarterly sales and profits above Wall Street ...
Nike to Post Worst Sales Drop 5 Years on Stagnant Demand
The shoe company has run into a slump, but a partnership with Kim Kardashian could be a step towards a turnaround.
Adidas Supernova Rise 2: All the Updates You Need to Know
A wider forefoot and shorter tongue are just some of the improvements in this super foam shoe made for daily training.