The company reported its Q1 FY25 earnings in early October, where revenue and earnings declined 10% and 26% YoY, respectively, from lower unit sales across Nike Direct and Nike Wholesale across ...

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There are valid reasons for why Nike's operations have been struggling. A new CEO, the powerful brand, and the stock's cheap valuation ... Even in China, once a fast-growing market for Nike ...

These issues gained attention when it was revealed that Nike was benefiting from cheap labor in countries like China, Indonesia ... company offered shoes at a wholesale price for distribution ...

Even in China ... Nike needs to get back to introducing newer designs that consumers find compelling. Finally, during the pandemic, Nike made a decision to cut ties with some of its key wholesale ...

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...

Like many companies, Nike is dealing with a slowdown in China. But what's particularly ... was meant to help it be less dependent on wholesale and engage directly with consumers.

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image, the company said on Tuesday.

For Seema Simmons, Nike's vice-president of Global Women's Running & Fitness, a recent night out with the Shanghai Night Run ...

Chinese brands like Anta and Li-Ning are taking Nike’s share of the market. The post Nike and Adidas Are Losing Sportswear ...

The global sportswear industry has long been dominated by two companies: Nike and Adidas. Last year they accounted for 35% ...