Nike

Nike revenues up 2% in Q1 as higher prices offset waning demand

Nike revenues increased 2% to $12.9bn (£10.5bn) in the first quarter ended 31 August due to a 2% increase in…

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Nike Rise to open concept store in Birmingham

Nike will open its first ever Nike Rise concept store in Birmingham at Bullring and Grand Central, reflecting the strategy…

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Nike revenues up 10% to $51bn in FY23

Nike has reported a 10% rise in revenues year-on-year to $51.2bn (£40.62bn) and a 16% rise on a currency-neutral basis…

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Nike appoints new Converse CEO

Nike has announced that Jared Carver will succeed Scott Uzzell as the new president and CEO of Converse, effective 1…

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Nike announces senior leadership changes

Nike has recently announced senior leadership changes that will continue to build on its strong momentum and underscore its commitment…

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Nike opens new Unite concept store at Blanchardstown Centre

Nike has announced it has opened a new concept store Nike Unite at Blanchardstown Centre, Dublin. The first store of…

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Nike Q3 revenues up 14% to $12.4bn

Sportswear brand Nike has announced that its Q3 revenues increased 14% to $12.4bn (£10bn) for the three months ended 28…

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Castore in $200m fundraising talks in bid to rival Nike and Adidas

Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete…

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Nike Q2 revenues surge 17% to $13.3bn

Nike saw its revenues reach $13.3bn (£10.9bn) during the second quarter ended 30 November 2022, which is an increase of…

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JD Sports and Nike announce connected partnership

JD Sports has announced that it has been selected as Nike’s first European retail partner for its connected partnership, designed…

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