Nike’s business grew in China for the second consecutive quarter, a sign that the Swoosh can continue to regain market share and momentum in the crucial region. Q3 revenues in Greater China grew 1%, ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...
Nike has under-performed due to distribution revamp, product design shifts, and backlash in China, impacting revenue and margins. Nike’s valuation is low, with a Schiller P/E near a 15-year low and a ...
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating on the shares of Nike Inc (NYSE:NKE) on Friday and lowered the price forecast from $90.00 to $80.00. Nike shares have lagged behind ...
BEIJING--(BUSINESS WIRE)--Ant Group and Nike China have signed an MOU to strengthen their partnership. Nike will use Ant Cloud Customer Service Solution to enhance its e-commerce operations in China, ...
HONG KONG (Reuters) - Nike Inc , the world's biggest sneaker and sportswear maker, said falsified documents, underage workers and unpaid wages were problems encountered at suppliers in China, despite ...
China has reported its factory activity contracted for a seventh straight month in October, reflecting pressure from higher U ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...