Nike Q2 profit sinks as brands struggle to compete in China
Sales were lacklustre, Nike booking a 1% increase to $12.4bn primarily due to growth in North America, partially offset by…
Nike
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Nike, Lacoste, Superdry ads blocked in UK over misleading green claims
According to the ASA, all three brands published paid Google ads that included phrases like “sustainable clothing” or “sustainable materials,”…
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Loop signs multi-year agreement with Nike for recycled polyester resin
As part of a multi-year offtake agreement between the partners, Nike will receive Loop’s circular polyester resin produced exclusively from…
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Syre, Nike partner to scale circular polyester
The multi-year agreement sees Syre become Nike’s lead strategic supplier for textile-to-textile recycled polyester. The partnership reflects Nike’s commitment to…
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Nike, Adidas hold UK sportswear top spots as demand shifts to kids
GlobalData’s report shows that although Nike maintained its position as the UK’s leading sportswear brand, it is expected to see…
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The fashion brands gaining and losing ground in the UK
Between 2024 and 2025, ultra-fast fashion online retailer Shein saw its market share grow by 0.3% points in the UK,…
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Nike’s strategic focus delivers Q1 revenue uptick
Nike's strategy for Q1 emphasised key areas such as Running, North America, and wholesale partnerships. “It showed that we’re making…
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Adidas will steal further market share from Nike in 2025
Tough economic conditions and consumers’ discerning shopping habits will continue to cause significant disparity in the performance of apparel brands…
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Nike lines up new Converse CEO amid lacklustre performance
An internal memo obtained by Reuters claims the change in management at Converse comes as Nike continues to restructure its…
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Nike warns of $1bn hit from China tariff effect as Q4 profits sink 86%
Nike revenues fell 10% to $46.31bn in FY25. In the fourth quarter alone, Nike's revenues were down 12% on a…
