Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...

NKE's global reach faces near-term strain from weak demand and cost pressures, but long-term strategy fuels recovery hopes.

Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, ...

Profits in Greater China rose 51% to $330 million as the region approaches Western Europe ($1.6 billion and down 4% year-on-year) for the greatest share of Nike profit behind North America, which ...

Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like China, inventory issues and competition.

Click to enlarge (Data from Nike's 2015, 2017, and 2019 earnings reports. Segment revenues in millions of dollars.). As the table shows, China's revenue contribution more than doubled in the past ...

But what that means in its two most important markets, the U.S. and China, is very different. First, the good news. Nike’s total revenue for the quarter ended May 31 grew 21% compared with the ...

The CEO of Nike said his company is "of China and for China" during a Thursday earnings call, according to a transcript published by Nasdaq.John Donahoe defended the company's business in China ...

Nike CEO John Donahoe called the sportswear apparel giant a “brand of China” this week, following a fiasco it was involved in earlier this year over concerns about human rights abuses ...

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will ...

The socially conscious, online-savvy consumer is what propels Nike’s growth today. But what that means in its two most important markets, the U.S. and China, is very different.