TNC launches apparel industry alliance to curb microfibre pollution
The MAA’s founding members include Nike, Patagonia, Under Armour, Lululemon, Cotopaxi, and REI Co-op, according to TNC. The initiative aims…
Nike
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Nike trims outlook on bleak Q1, launches efficiency program to slash costs
The warning was sounded as it reported a 2% fall in Q1 earnings on the back of lower sales and…
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Nike’s innovation lag hits market share
Nike has been removed from the S&P 100 index on 21 September 2026, ending an 18-year run, after its share…
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Week in Review: Do Shein, Nike money woes point to ethical concerns?
The past week has been a big one for the fashion industry. After Shein’s debut on the Hong Kong stock…
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Nike’s removal from S&P after two decades ‘underlines broader problems’
Nike is reportedly set to lose its spot in the S&P 100, the top 100 US listed companies, for the…
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Jobs at risk as Nike foam supplier offshores production
Campaign group GMB alleges Zotefoams, based in Croydon in the UK, is transferring footwear manufacturing to South East Asia and,…
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Nike says it will streamline online business in China
Starting in January 2027, Nike plans to focus on its marketplaces on TMall, JD.com, and Douyin in China – as…
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Textile graduates struggling to secure roles, despite skills shortages
TEX+, which aims to connect textile graduates with industry professionals, said the survey shows many are struggling to transition from…
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Week in Review: Who won the fashion World Cup?
From Nike’s six minute-long ‘Rip the Script’ ad, to the trophy’s Louis Vuitton’s monogrammed trophy case, the 2026 FIFA World…
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Nike’s sales remain flat as China weakness drags on annual results
For the year ended 31 May 2026, the Nike Brand’s revenues reached $45.2bn, a 1% increase on a reported basis.…
