Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward direct-to-consumer sales has gotten much of the attention in the hours after Donahoe's ...
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Nike (NYSE: NKE) was often considered a safe blue-chip stock for long-term investors. It's the world's largest footwear ...
Nike called out challenges in its direct business, a soft wholesale order book, macro uncertainty especially in China, and cutting back orders for its classic footwear franchises as the reasons ...
Nike also expected sales in China to soar and offset the slower ... sword because it increased operating expenses and ceded wholesale channels to other footwear makers. Over the past year ...
The new tax announced Monday will help Canadian makers — especially those in the Windsor area — catch up to the low-cost of cars made in China. (Toya Sarno Jordan/Reuters) Automotive industry ...
But they’re not cheap counterfeits either ... selling cheaper alternatives saw double-to-triple-digit growth on China’s dominant ecommerce platforms, Alibaba Group Holding Ltd’s Taobao ...
Temu is not going to add Nike or Samsung, nor DTC darlings like Casper ... Temu wants domestic brands to expand beyond an app for cheap goods from China — that has worked so far but has a ceiling Temu ...
Nike has said it can make more than double the profit selling goods through its own website and physical stores than it can through wholesale partners. Nike has executed a strategy to focus its ...