Academy Sports & Outdoors expects to pass on any tariff costs to customers, but it still thinks it can beat competitors on ...
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...
While Nike's fiscal second-quarter global revenue fell 8 percent compared to the prior year, the results still exceeded ...
CEO Elliott Hill said that Nike would rein in the number of promotional events and focus on five categories of sports ...
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.
Hill acknowledged that this strong focus on Nike's digital sales over the last few years has led the brand to compete with ...
For the fiscal third quarter, Nike expects revenue to be down low double digits despite the benefits from Cyber Week, and gross margins to decline between 300 basis points and 350 basis points.
Revenue fell 8% to $12.35 billion, beating the $12.11 billion expected by analysts. Direct revenue declined 13% to $5 billion, while wholesale revenue fell 3% to $6.9 billion. Sales for Converse were ...
Gross margin decreased 100 basis points to 43.6 percent, primarily due to higher discounts and changes in channel mix, partially offset by ...
NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its second quarter ended November 30, 2024. Second quarter revenues were $12.4 ...
The world’s largest wholesale hub for small manufactured items ... Yiwu, a small city in China’s Zhejiang province known for funnelling huge quantities of dollar-store products to the West ...