Nike

Nike Q3 revenues hit $10.9bn as traffic returns

Nike, Inc. has reported its revenues rose 5% year-on-year from $10.35bn (£7.83bn) to $10.9bn (£8.24bn) in the third quarter (Q3)…

Read More »

Nike to temporarily shut all stores in Russia

Nike said on Thursday it would be temporarily closing all its stores in Russia, joining a growing group of Western…

Read More »

Nike revenues remain flat in Q2

Nike has announced that revenues in its second quarter rose by 1% to $11.4bn (£8.6bn), remaining flat as it continued…

Read More »

Nike acquires RTFKT brand

Nike has announced it has acquired RTFKT, a brand that reportedly uses “cutting edge innovation” to deliver next generation collectibles…

Read More »

Nike Q1 revenues climb 16% to £8.9bn

Nike has announced that group revenues increased 16% year-on-year to $12.2bn (£8.9bn) in Q1 FY22. The global retailer also revealed…

Read More »

Nike Q4 revenues surge 96% to £8.85bn

Nike saw its revenues spike 96% year-on-year to $12.3bn (£8.85bn) for the three months ended 31 May 2021. The group…

Read More »

Nike warns retail partners to cut down on reselling

Sportswear giant Nike has reportedly warned its retail partners it will cut off the supply of limited edition trainers to…

Read More »

H&M and Nike face ‘backlash’ in China over Xinjiang cotton labour concerns

Nike and H&M are reportedly facing a “backlash” in China after both groups outlined their concerns regarding the Xinjiang cotton…

Read More »

Nike global revenues up 3% as online helps offset store closures

Global sportswear giant Nike has revealed that its revenues for the third quarter of the year were $10.4bn (£7.4bn) up…

Read More »

Nike online sales surge in Q1

Nike has announced a significant increase in digital sales in its first quarter fiscal report for this financial year. The…

Read More »