Nike Shows Sales Strength; Profit Falls Just Short of Estimates
(Bloomberg) -- Nike Inc. fell the most in the Dow Jones Industrial Average after the athletic-gear maker's outlook for the full year failed to win...
Patagonia and Live Nation say they will bail out employees arrested in abortion protests
Pantagonia and Live Nation join a growing list of U.S. corporations that have committed to cover expenses for workers who live in states with restricted...
Nike gains as growth in U.S. helps overcome China collapse
Nike once again showed how its push to sell more sneakers through its own stores and websites is helping profitability. The so-called direct business boosted...
Nike’s sales miss estimates amid supply chain disruption
Nike, the world's largest athleticwear company, missed Wall Street estimates for the quarter. The company, based in Beaverton, Oregon, is pressed to keep up with...
NBA star Steph Curry’s new firm invests in Seattle pay-equity company
NBA star Stephen Curry has started a new early-stage investment firm, and is kicking things off by putting money into Seattle-based pay-equity company Syndio, which...
Nike forecast sends shares on their biggest rally since 1987
Nike, the Beaverton, Oregon- based athleticware maker, is forecasting low double-digit sales growth in the current year, ending next May, executives said in a conference...
Retailers seen closing thousands of stores even after pandemic ends
U.S. retailers could shutter tens of thousands of stores even after the pandemic subsides, as shoppers continue to turn toward e-commerce, according to a new...
Nike slides after supply-chain woes hit North America revenue
Athleticwear giant Nike, after posting surprisingly strong growth in the previous quarter, missed Wall Street estimates with its latest results as sales amounted to $10.4...
Nike’s executive saga exposes uneasy relationship with resellers
The potential for conflicts of interest between sneaker makers and resellers spilled out into the open after Nike announced the immediate departure of vice president...