Buying your Nike shoes online is getting a lot more expensive
Nike is shifting to a fuller-price online model for its online store, cutting discounts and promotions.
Nike’s sales are tumbling
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
Nike gains after topping profit estimates, pointing to brand momentum
Gross margin for the Oregon-based company decreased 330 basis points from a year ago to 41.5% of sales, to miss the consensus ...