Nike to streamline operations with supply chain shake up
In a memo detailing the changes, Nike’s chief operating officer Venkatesh Alagirisamy said the company was creating a “leaner, faster,…
In a memo detailing the changes, Nike’s chief operating officer Venkatesh Alagirisamy said the company was creating a “leaner, faster,…
Nike’s Q3 financial results sent the deals rumour mill into overdrive: Is it mulling a sale of Converse? Officially, no,…
During the quarter ended 28 February 2026, the company recorded revenues of $11.3bn, reflecting a 3% decrease when adjusted for…
Sales were lacklustre, Nike booking a 1% increase to $12.4bn primarily due to growth in North America, partially offset by…
According to the ASA, all three brands published paid Google ads that included phrases like “sustainable clothing” or “sustainable materials,”…
As part of a multi-year offtake agreement between the partners, Nike will receive Loop’s circular polyester resin produced exclusively from…
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…
GlobalData’s report shows that although Nike maintained its position as the UK’s leading sportswear brand, it is expected to see…
Between 2024 and 2025, ultra-fast fashion online retailer Shein saw its market share grow by 0.3% points in the UK,…
Nike's strategy for Q1 emphasised key areas such as Running, North America, and wholesale partnerships. “It showed that we’re making…