The carbon work that remains is substantial. Nike’s global operation spans more than 600 contract factories concentrated in Vietnam, China and Indonesia, countries heavily dependent on coal ...
As a teenager living in a spartan dorm with 11 other factory workers, Wu Xia dreamed of becoming a published author and leaving the assembly line behind. It was the 1990s, a time in China when ...
Survey work illustrates NKE's brand ... in addition to macro headwinds (especially in China) and unfavorable FX, as the reasons for revising FY'25 guidance. Nike now expects fiscal 2025 sales ...
In 2022, Nike authorized $18 billion in stock buybacks, which primarily benefit wealthy investors, while garment workers — the vast majority of whom are women in the Global South — faced ...
Nike has unveiled Trove, a stylish digital experience geared towards its customers in China, which celebrates the brand’s collaborations with Matthew M Williams, who helms the Maison Givenchy fashion ...
Shares of Chinese stocks such as Alibaba (NYSE: BABA) and China-exposed stocks Estee Lauder (NYSE: EL) and Nike (NYSE: NKE) rallied on Monday, up 6.2%, 5.2%, and 2.9%, respectively, as of 2:20 p.m ...