In a stark reversal of a previous strategy that saw Nike pivot away from wholesale, the athletic brand is now focused even more on building its retailer relationships as it works to turnaround the ...

Nike's Q1 FY25 earnings report showed a 10% revenue decline and a 26% drop in earnings, driven by lower unit sales and ...

Gary Drenik: Brands have relied on wholesale operations for decades ... Of course, many brands—including Nike—had already begun their DTC journey long before Covid-19. Digital-native darlings ...

Revenues for the NIKE brand declined 3% here, due primarily to “an unexpected decline in North America wholesale revenue,” the company reported. Stronger 1Q2018 performance in NIKE’s global ...

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024. On September 19, 2024, NIKE, Inc. announced that ...

NIKE, Inc. NKE is in a turnaround mode as revenue ... Both direct revenues and wholesale were down. Direct revenue fell 13% to $4.7 billion while wholesale revenue declined 8% to $6.4 billion.

(Reuters) -Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that is staring at a holiday season likely to be filled with ...