Etiket: Nike
ROUNDUP: Nike disappoints investors with sales development – cost reductions
BEAVERTON (dpa-AFX) – The US sporting goods manufacturer Nike has caused disappointment among investors with its statements on sales development. Overall, revenue increased by 1 percent to $13.4 billion. However,…
Joe Whale: the boy who went from being punished in class to a Nike star
In childhood, and more than anything in school, being distracted was the easiest task to do and there were many ways to achieve it: one of them was to draw.…
Nike: Change in the management team
Image: Nike Inc. The US sportswear company Nike has reorganized several management positions. Former Chief Design Officer John Hoke will take on the role of Chief Innovation Officer effective immediately,…
Nike is suing New Balance and Skechers for patent infringement
The US sportswear manufacturer Nike has filed a federal lawsuit against competitors New Balance and Skechers, accusing the two shoe companies of violating the patent law for a Nike technology.…
VF Corporation brings former Nike top manager Trevor Edwards to the board of directors
The US clothing group VF Corporation has brought additional industry expertise in-house. On Monday, the parent company of brands including The North Face, Vans and Timberland announced the appointment of…
Nike launches second-hand platform in Europe
US sports fashion brand Nike is bringing its “Refurbished” platform to Europe, German magazine Konsider reports. Nike “Refurbished” was rolled out in the USA in 2021. Using the “Nike Refurbished”…
Decline in US business slows Nike
The sporting goods manufacturer Nike had a cautious start to the new financial year. A decline in the domestic market slowed down development. However, the US group made greater progress…
Nike also wants to sell goalkeeper jerseys in the future
Sporting goods giant Nike have caved in under mounting pressure from outraged fans and announced they will make England goalkeeper Mary Earp’s kit. The company has faced fierce criticism and…
Manufacturer Nike and Adidas shoes to cut 1200 jobs due to falling demand | News
PouYuen Vietnam, part of the Taiwan-based Pou Chen Group, is one of the largest employers in Ho Chi Minh City, formerly Saigon. There, a total of about 40,000 people work…
Foot Locker weighs on Adidas, Puma and Nike stocks
The reduction in annual targets by Foot Locker weighed heavily on sporting goods manufacturers on Wednesday. In Germany, the recently well-performing Adidas shares slipped into the red at lunchtime and…