The COVID-19 pandemic has caught up with Nike Inc. The sneaker giant’s revenue growth is being limited by supply-chain disruptions that have slowed the production and delivery of shoes and other goods ...
The iconic brand is starting 2026 by laying off workers, marking the third year in a row that it’s downsized its workforce.
Activist investment platform Tulipshare rebuked Nike in an open letter this week for “willingly ignoring” shareholders’ concerns over potential abuses in the retailer’s supply chain, including forced ...
Nike sales spiked 16% year over year to $12.2 billion in its most recent fiscal quarter, with direct sales up 28% to $4.7 billion. The company's digital sales increased by nearly 30%. Profits at the ...
Nike (NKE) posted first-quarter earnings results that were stifled by lingering supply chain issues stemming from manufacturing delays due to factory shutdowns in facilities in Asia. Revenue: $ 12.2 ...