Phil Knight, one of the world’s most famous businesspeople is the chairman emeritus and co-founder of Nike, Inc., the world’s largest sports apparel and equipment brand by a large margin.
A Nike rebrand is not only imminent but necessary as the brand has "lost its obsession with sport," new CEO Elliott Hill said ...
Nike Brand revenues fell by 7% to $12.0bn in Q2 FY25. Credit: 8th.creator/Shutterstock. Nike’s Q2 basic earnings per common share were $0.78, a decrease from $1.04 ...
Investing.com -- Nike Inc (NYSE:NKE) and its Jordan brand remain consumer favourites despite the company’s ongoing operational challenges, according to a new survey. The survey, which tracks ...
Underneath all this inventory liquidation, Elliott needs to restore “Nike energy” to the brand and be innovative and create buzz around the fiscal 2026 product line, and judging by the tenor ...
Nike brand revenue fell 7% to $12 billion, while Converse sales plunged by 17% to $529 million. By selling channel, Nike direct revenue sank 13% to $5 billion, while wholesale revenue decreased by ...
Dec 20 (Reuters) - New Nike (NKE.N), opens new tab CEO Elliott Hill's plan to refocus on sports that are core to its brand like basketball and running allayed some investor worries on Friday ...
Nike must strike the right distribution balance between wholesale and DTC. The company’s strong brand is key to its long-term relevance. Shares are 57% off their all-time high, now trading at a ...