In October 2024, S&P revised its outlook on Nike to negative due to revenue and profitability declines. It subsequently ...

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Ahead of his international "Make Them Watch Tour," Grizzlies' star Ja Morant will unveil several colorways of his newest Nike ...

Montreal-based Ciele Athletics has officially launched in China through an exclusive operating partnership with Topsports, ...

Nike, which imports much of its product from Asia, with Vietnam and China being its two biggest manufacturing markets, was seen as a potential loser on the news, even though those two countries ...

Global shares are mostly higher after U.S. stocks hit another record. European shares rose and indexes in Shanghai, Tokyo and Seoul inched higher Thursday. The S&P 500 rose 0.5% Wednesday and set an ...

Nike (NYSE: NKE) seems to always align with winners. It brought us the iconic "Bo Knows" campaign with two-sport star Bo Jackson; its association with Michael Jordan and the Air Jordan line of ...

Nike Stock Increase: Nike reports a significant shift in production away from China, leading to a surge in stock price. However, the company warns of a $1 billion hit from tariffs, prompting ...

Nike’s shares are rising sharply after saying it plans to shift some of its production away from China.

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.