CEO Kevin Plank touted the brand’s resilience in the face of major hurdles in December that marked a clear point of its ongoing turnaround.
CEO Kevin Plank touted the brand’s resilience in the face of major hurdles in December that marked a clear point of its ongoing turnaround.
The sportswear maker revealed on Thursday that robust sales in China helped push the brand to record growth last year.
The fitness brand confirmed that it will trim its staff as part of an ongoing plan to save $100 million by the end of fiscal year 2026.
The sportswear maker said on Thursday that solid sales in the fourth quarter of 2025 came as a result of stable pricing despite U.S. tariffs.
Jared Carver will now lead the Boston-based brand which built its following on heritage-themed performance and fashion apparel.
The sportswear maker said on Monday that it will trim U.S.-based support roles in Tennessee and Mississippi which will impact one percent of its workforce.
In a move to trigger momentum in key markets as part of its ‘Win Now’ strategy, the company revealed a pair of internal changes on Tuesday.
Finding a renewed approach to regaining its footing in China is a top priority for Nike as its second quarter earnings report released on Thursday revealed its sixth straight quarterly decline in sales in the region despite beating Wall Street analysts estimates. Overall sales climbed 1 percent in its second quarter, which ended on November …
A List of Suitors Grows As The Task of Restoring The Brand Continues
Sidney Baptista Fell Into an Apparel Industry Walled Off to Upstarts