Nike FY25 warning follows lacklustre sales, headwinds see shares slump
Shares in Nike fell 12% in after-hours trading on 27 June after the sportswear giant posted a cautious outlook for the year ahead (FY25).
Hannah Abdulla June 28 2024

28 June 2024
28 June 2024
Shares in Nike fell 12% in after-hours trading on 27 June after the sportswear giant posted a cautious outlook for the year ahead (FY25).
Hannah Abdulla June 28 2024
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Style collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.
Ready to stay informed?
Subscribe to unlock exclusive content.
Already a subscriber? Sign in to access your account.
Pleasecomplete this form to request more information, and a representative will be in touch shortly.
The next generation of fibres and fabrics are capable of setting a new bar for both fashion sustainability and performance but it requires the entire supply chain from brands to end consumers to stop comparing them with traditional materials.
The latest International Textile Manufacturers Federation (ITMF) Global Textile Industry Survey (GTIS) reveals continued stagnation for the textile sector due to ongoing economic challenges, weak demand and high costs.
Shares in Nike fell 12% in after-hours trading on 27 June after the sportswear giant posted a cautious outlook for the year ahead (FY25).
The Cotton Campaign, which is dedicated to ending forced labour has attacked the Italian Trade Agency and Association of Italian Textile Machinery Manufacturers for conducting a commercial visit to Turkmenistan despite its calls for an end to all investments on forced labour cotton claims.
Full-year loss narrowed at Matalan despite a sink in sales attributed to a challenging backdrop as it shifts its focus to cost control.
Apparel Textile Sourcing Miami (ATSM) tradeshow is returning to Miami from 21-23 November.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.