Nike Inc

Week in review: Is hitting sustainability quotas coming at workers’ expense?

Last week UK retailer Boohoo made headlines following a BBC Panorama investigation for allegedly pressuring suppliers to drive down prices,…

Adidas faces ‘long road to recovery’ as Q3 sales fall 6.4%

Adidas says the 1% increase in currency-neutral revenues reflects its conservative sell-in approach, aimed at reducing previously high inventory levels,…

Investor concerns rise as Nike, Target, Kering shed market value in Q3 2023

GlobalData points out that this decline was primarily triggered by a varied earnings outlook for FY2023, which raised concerns among…

Nike among backers in clean energy project to decarbonise supply chains

The Clean Energy Procurement Academy, designed to speed up the integration of clean energy into global supply chains, has been…

Signal: SportScheck deal in Adidas home market key for European growth

Frasers Group has announced plans to purchase SportScheck, “one of the leading sports retailers in Germany”, for an undisclosed amount.…

Signal: Menopause apparel market lucrative for innovation, growth

WUKA's menopause apparel innovation is said to offer menopausal women suffering with bladder incontinence, leak and odour protection with its…

Signal: Apple files patent application for smart touch-sensitive textile

On 28 September US tech giant Apple filed a patent for a touch-sensitive smart textile containing conductive threads that is…

Signal: Tweets of the week – US sanctions, Amazon, Global Fashion Summit, Nike

One of the top fashion industry-related tweets this week came from the Uyghur Human Rights Project welcoming the news that…

Week in review: How technology is driving efficiency in the apparel sector

In the ever-evolving apparel world, staying ahead of the curve is vital and technology is helping to deliver on just…

Sportswear giant Nike’s flat Q1 2024 sales highlight risks for wider sector

Revenue at the US sports brand totalled $12.9bn in the first quarter of 2024 (ending 31 August 2023), up just…