Nike
Stories tagged Nike.
NikeSkims debuts first outerwear collection in University Red
NikeSkims, the joint venture between Nike and Kim Kardashian’s Skims, is releasing its first outerwear collection worldwide on Thursday, led by a new University Red colourway and two new fabric lines.
Nike fiscal Q1 revenue drops 4% as running grows double digits
Nike's fiscal first-quarter revenue fell 4% to $11.2 billion, with net income down 2% to $0.7 billion. Running was a rare bright spot, growing double digits as the company's turnaround continues.
NikeSKIMS Signals Mainland China Debut With Shanghai Hoardings
NikeSKIMS, the women's activewear brand from Nike and Kim Kardashian's SKIMS, has teased its first mainland China store with hoardings in Shanghai reading 'Coming Fall 2026'.
Nike and Lululemon face lawsuits over alleged 'phantom discount' pricing
The sportswear giants are accused of listing artificially high regular prices to make sale discounts appear larger, with a California plaintiff claiming Lululemon's tights hadn't been sold at the stated original price for months.
Nike turnaround wobbles as China sales slump 17%
Nike's global recovery under CEO Elliott Hill is showing signs of progress, but China sales continue to slump, falling 17% in the latest quarter.
Nike Faces ‘Show Me’ Moment Ahead of Earnings Report
Nike is under pressure as investors seek signs of stabilization, with sales declining in seven of the past eight quarters.
Swiss sportswear brand On enters football market to challenge Adidas and Nike
On Holding AG is developing football products as it seeks to expand beyond running and sustain its rapid growth in a market dominated by Adidas and Nike.
Activewear Consumers Shift Focus to Emerging Brands as Growth Slows
Emerging brands Set Active, 437 and Oner Active are gaining traction with a new generation of consumers as growth slows across the activewear category, challenging established players Lululemon and Nike.