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 ...
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 ...
Lululemon has had recent product stumbles, indicating they may be losing their edge. See why I feel LULU stock is undervalued ...
Nike's decision to cut out many of its wholesale accounts was partially influenced ... and macroeconomic uncertainty in China. That said, the company expects gross margin expansion over the ...
The reiteration comes after Topsports, a significant sportswear retailer and wholesale partner to Nike in China, issued a profit warning. The warning indicated that for the six-month period ending ...
There are lessons for all innovation-minded business operators in Nike's failed experiment with an 'uncool' CEO.
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 ...
The company operates in over 25 countries, with the majority of revenues coming from the Americas but rapidly expanding into China Mainland ... (seasonal pop-ups), wholesale (partnership with ...
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Shares of Nike (NKE) are rallying after the company ... Yih believes he will prioritize relationships with wholesale retail partners: "It's the base for kind of the brand strength going forward.
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 ...