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Converse, which Nike acquired in 2003, has also dragged down the company's overall performance, with sales down 17% during the period to $429 million, far below the $462.6 million that analysts ...
Nike is aiming for a retail comeback by reducing discounts and focusing on full-price sales. CEO Elliott Hill plans to shift away from heavy discounting strategies. Nike will prioritize running ...
Nike will raise prices for some of the sporting goods maker's shoes, clothing and equipment starting this week, according to a person familiar with the matter. The price hikes will affect only ...
Nike plans to roll out $100-and-less sneakers to lure price-conscious shoppers. Getty Images Nike shares plunged 20% Friday to $75.37 — its worst day ever and lowest close since March 24, 2020.
Demi Lawrence, Staff Reporter - Portland Business Journal Jun 14, 2023, 7:51am EDT Nike Inc.
Nike is going to start selling its products directly on Amazon’s U.S. website for the first time since 2019 as the company looks for more ways to bring goods to customers and boost sales. Nike ...
We’ve found stores holding online promotions happening right now. All-Clad - Among the “hot deals” we found on the cookware brand’s website, we found 10-piece pots and pans cookware set at ...
Nike's reported net income for the three-month period ended Nov. 30 fell to $1.16 billion, or 78 cents per share, compared with $1.58 billion, or $1.03 per share, a year earlier.
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