Nike Inc. announced a 10 percent uptick in revenues to USD 51.2 billion for fiscal 2023, on the back of a single-digit increase in Asia Pacific Latin America sales, offsetting a decline in Greater Chi…
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Nike reveals several leadership changes
Nike, Inc. has announced a slew of senior leadership changes, as the U.S. giant looks to build upon its momentum as a leading sportswear brand and strengthen its commitment to product innovation.…
Nike names KeJuan Wilkins EVP, chief communications officer
Nike Inc. announced on April the appointment of KeJuan Wilkins to the role of executive vice president, chief communications officer, effective June 1.…
Nike opens first Jordan World of Flight store in Japan
Nike Inc. on Saturday opened the doors to its first-ever Jordan World of Flight store in Japan, opting for the nation’s capital Tokyo to bring the basketball brand to life via a new, immersive b…
Nike Greater China sales slip further, APAC region growth slows
Nike Inc. announced revenues for its recently ended third quarter increased 14 percent to USD 12.4 billion compared to the prior year, or up 19 percent on a currency-neutral basis, with sales in its A…
Nike reveals new Asia-Pacific head among management hires
Nike Inc. revealed last week a slew of management hires including a new general manager of its women’s division and a new Asia-Pacific Latin America (APLA) chief, as the U.S. sportswear giant ad…
Nike Greater China sales down 3 percent
Nike Inc. announced on December 20 total revenues for the second quarter surged 17 percent to USD 13.3 billion, on the back of double-digit sales growth in North America and Europe, […]…
New Nike Korea policy bans reselling
Adhering to new policies, resellers in Korea are no longer allowed to buy and resell footwear on the secondary market. The new regulations are most discriminatory to the individuals who are attempting…
Nike Inc. stock down 5 percent in first quarter
Nike Inc. stock was down 5 percent in after-market trading on Thursday after the athletic giant reported a 22 percent decrease in net income to USD 1.5 billion in the first quarter of 2023.…
Ant group and Nike launch shoe recycling program on Alipay
To encourage consumers to recycle old shoes, Nike has joined forces with Ant Group’s Green Energy Initiative to launch an official mini program on Alipay, the leading digital open platform. The new in…