By Bloomberg Published Jul 24, 2024 Nike Inc. has hired a former Salesforce Inc. executive in a new role to lead efforts to modernize technology infrastructure for the world’s largest …
By Bloomberg Published Jun 26, 2024 Cashmere ponchos, lambskin bras and $1,000 Air Jordans. A 1,000-square meter retail homage to Michael Jordan in Beijing’s trendiest neighborhood. Affiliations with China’s domestic …
By Bloomberg Published Jun 5, 2024 Nike Inc. has cut staff in its European headquarters as part of a multiyear cost-cutting plan at the world’s largest sportswear company, according to …
A Foot Locker, Inc. store. Courtesy of: Foot Locker, Inc. Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re …
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop off that …
When office workers stopped working in offices in 2020, trading their cubicles for living room couches during Covid-19 lockdowns, many began questioning those hours they had spent commuting to work. …
By Bloomberg Published Apr 18, 2024 Nike Inc. is nearing an eight-figure endorsement deal with basketball star Caitlin Clark ahead of her professional debut set for May, according to a …
Nike President and CEO John Donahoe. Source: Nike Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it’s tough to be …
Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike Store window in Antwerp, Belgium. (Photo by Karol Serewis/SOPA Images/LightRocket via Getty Images) Karol …
By Bloomberg Published Mar 21, 2024 When Nike Inc. reports its third-quarter earnings on Thursday, investors will be looking for signs that the world’s biggest sportswear company is beating back …