Nike Forms New Team for Secretive Brand With Kim Kardashian Nike, the renowned sportswear company, has once again made headlines with its latest strategic move. The company is assembling a team of top executives and designers to collaborate on a new project with none other than Kim Kardashian. This secretive brand partnership with Skims, Kim’s […]
Nike Sued Over Closure of Crypto Business
Nike Sued Over Closure of Crypto Business Nike, the global sportswear giant, is facing legal action after purchasers of Nike-themed cryptocurrency assets reported significant losses following the sudden closure of its RTFKT unit in December. The move has sparked outrage among investors who believed in the potential of the digital assets associated with the renowned […]
Nike Seeks Brand Boost in Shoe Science for Kipyegon’s 4-Minute Mile Bid
Nike Seeks Brand Boost in Shoe Science for Kipyegon’s 4-Minute Mile Bid Nike, the renowned sportswear brand, has once again set its sights on pushing the boundaries of athletic achievement. In a recent announcement on Wednesday, the company unveiled its ambitious plans to enhance sneaker technology in a bid to support Kenyan track sensation Faith […]
Nike Adds New Strategy Head to Aid Company Turnaround
Nike Names Jennifer Hartley as Chief Strategy Officer to Drive Company Turnaround Nike, the global sportswear giant, has recently made a strategic move by appointing Jennifer Hartley as its new Chief Strategy Officer. With years of experience in strategic planning and business development, Hartley is set to play a pivotal role in steering Nike towards […]
Nike Set to Build Out New Shanghai Studio in China Push
Nike Set to Build Out New Shanghai Studio in China Push Nike, the iconic sportswear brand, is making bold moves to strengthen its presence in one of the most crucial markets – China. The company has announced its plans to open a new creative studio in Shanghai, signaling a strategic effort to court and recapture […]
Nike, Lululemon Rebound as Trump Touts Call With Vietnam Leader
Nike and Lululemon Surge as Trump Highlights Positive Call with Vietnam Leader In the world of business, especially in the realm of manufacturing and retail, partnerships and relationships with other countries play a crucial role in success. Recently, shares in prominent companies with significant manufacturing operations in Vietnam, such as Nike and Lululemon, experienced a […]
Retail stocks slump after tariff shock
Retail Giants Take a Hit as Nike Stock Plummets Over 6% Due to Tariff Targeting Chinese and Vietnamese Goods In the fast-paced world of retail, even the most established companies are not immune to sudden market shifts. Recently, retail stocks took a significant hit as tariffs zeroed in on products manufactured in China and Vietnam, […]
Analysis: US Tariffs on Vietnam Would Be a Blow to Nike and Other Sportswear Brands
US Tariffs on Vietnam Could Significantly Impact Nike and Sportswear Industry Nike, the global sportswear giant, has long been synonymous with innovation, quality, and style. However, recent developments in US trade policies threaten to shake the foundation of its supply chain. The proposed tariffs on Vietnam, a key manufacturing hub for Nike, could have far-reaching […]
Nike Falls Below $100 Billion in Value as Turnaround Sputters
Nike Falls Below $100 Billion in Value as Turnaround Sputters Nike, the renowned activewear brand, is facing a turbulent period as its shares plummeted by as much as 9.3 percent following a disappointing earnings report. This decline has pushed the company’s value below the $100 billion mark, raising concerns among investors and industry experts. The […]
Nike Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike’s Comeback Bid Faces Challenges from Inventory Reset and Tariffs Nike, the iconic activewear brand, is currently facing a turbulent period as it navigates through a challenging landscape of inventory issues and tariffs. The company’s shares recently took a hit, dropping nearly 5 percent following a concerning statement made by CFO Matthew Friend during Nike’s […]