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…
Nike
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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.…
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Nike slapped with consumer lawsuit over unreturned tariff-related charges
The proposed class action was filed in federal court in Portland, Oregon, on 8 May 2026. As per the lawsuit,…
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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,…
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Deal or no deal: Authentic Brands sets sights on Nike-owned Converse
Nike’s Q3 financial results sent the deals rumour mill into overdrive: Is it mulling a sale of Converse? Officially, no,…
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Nike flat Q3 sales show ‘struggles run deep’ say experts
During the quarter ended 28 February 2026, the company recorded revenues of $11.3bn, reflecting a 3% decrease when adjusted for…
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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…
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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,”…
