Sporting goods giant Nike says there are no shortage of growth opportunities for the group, and that it will continue to elevate the same le...
Basking in the glow of an impressive set of first quarter figures, Nike CEO Mark Parker took the chance to set out exactly where things had...
| 29 Jun 2012
Sportswear giant Nike made a rare stumble in its fourth quarter as higher product and marketing costs took their toll on margins and offset the largely positive effects of higher sales, price increases and cost reduction initiatives.
| 22 Dec 2010
Shareholders of US sportswear group Nike can be rest assured this Christmas that current and future growth is ahead of the field, despite a note of caution from the company's boss.
| 24 Sep 2010
Sporting goods giant Nike has joined the chorus of retailers and brands warning of rising input costs in the supply chain, even though its stable of portfolio brands has returned strong revenue growth during the first quarter of its current financial year.
| 6 May 2010
Nike’s long-term growth plans constitute, to paraphrase the words of one rather underwhelmed analyst, more of an evolution than a revolution. The headline revenue target of US$27bn looks impressively bullish, but much of what lies behind it is little more than a development of past strategies.
| 14 Jan 2015
Online retail group Shop Direct has backed Black Friday after group sales rose 4% in the Christmas period against “extremely strong” comparatives from last year.
| 14 Jan 2015
Footwear business New Balance has hit back at rival Converse in a continuing row about the design of the latter’s Chuck Taylor All-Star sneakers.
| 19 Dec 2014
Sporting goods giant Nike has revealed second-quarter earnings that rose faster than revenue thanks to gross margin expansion - but weak growth in future orders hit its share price.
| 14 Nov 2014
The US International Trade Commission (USITC) is to launch an investigation into trademark infringement claims against 31 footwear retailers and manufacturers following a complaint by Converse.
| 15 Oct 2014
Nike-owned footwear business Converse is suing 31 rivals over claims they infringed the trademark of its Chuck Taylor All-Stars shoes.
| 13 Oct 2014
Indian retail giant Future Group has formed an alliance with global online behemoth Amazon India in a bid to extend the reach of its apparel line in the country.
| 26 Sep 2014
Sporting goods giant Nike delivered a "flawless" performance in the first quarter of its new fiscal year, with strong double-digit jumps in both profit and revenues.
| 24 Apr 2014
Hong Kong-based advocacy group Globalization Monitor has issued an open letter to brands sourcing from the striking Yue Yuen factory in China - Adidas, Nike, and Timberland - demanding they uphold their corporate social responsibility.
| 21 Mar 2014
Higher revenues, margin expansion and a lower tax rate helped boost earnings for sporting goods giant Nike Inc in its third-quarter.
| 5 Mar 2014
Sporting goods giant Nike Inc has invested in a new online predictive analytics platform for retailers and brands, which is being piloted by the company's Converse unit as well as beach clothing specialist O'Neill.
| 20 Dec 2013
Sporting goods giant Nike has reported a 40% hike in second-quarter net profit, bolstered by higher revenues and continued margin improvement.
| 10 Oct 2013
Sporting goods colossus Nike has set a new revenue target of US$36bn by the end of fiscal 2017, and expects to break $30bn by fiscal 2015, it said at an investor meeting.
| 27 Sep 2013
Sporting goods giant Nike posted a 33% surge in first quarter net profit, buoyed by near-ubiquitous growth and improving margins.
| 2 Sep 2013
The global footwear market is expected to be worth US$211.5bn in 2018, with growth driven by Asia Pacific and Europe, according to new research.
| 16 Jul 2013
Australian surfwear brand Billabong will sell its DaKine clothing and accessories brand and let go of chief executive Launa Inman as part of a refinancing deal.
| 21 Jun 2013
Nike has announced a series of strategic leadership changes following brand president Charlie Denson's decision to retire in January 2014.
| 2 May 2013
Oregon-based sportswear giant Nike has promoted Michael Spillane to the position of vice president and general manager of Greater China.
| 22 Mar 2013
Sporting goods colossus Nike grew earnings ahead of revenues in the third quarter of fiscal 2013 thanks to a substantial increase in gross margins.
| 21 Feb 2013
Chinese footwear and sportswear business Belle International has seen its share price fall today (21 February) after admitting its 2012 profit will be at the lower end of analyst expectations.
| 4 Feb 2013
Sportswear giant Nike has completed the sale of footwear brand Cole Haan to private equity firm Apax Partners, after the US$570m deal was revealed in November.
| 11 Jan 2013
Delta Galil Industries is to be the exclusive licensee of Columbia Sportswear's global sock business beginning with the autumn 2013 season.
| 9 Jan 2013
The Converse athletic footwear and apparel brand, a subsidiary of sportswear giant Nike, is to relocate its corporate headquarters from North Andover to Boston, Massachusetts in April 2015.
| 18 Dec 2012
Sportswear giant Nike Inc is reshuffling some of its senior executives, putting Roger Wyett in charge of its action sports business.
| 3 Dec 2012
Iconix Brand Group, which licenses fashion and footwear labels like Candie's, Bongo, London Fog and Joe Boxer, has completed the acquisition of UK football brand Umbro from Nike for US$225m.
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