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Nike says 'newness' is crucial to its growth. One analyst says it's not working
[ad_1] As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation”…
Tag: B2B e-commerce
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Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlook
[ad_1] Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings…
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Nike stock rises as profit beats estimates and inventories fall
[ad_1] Nike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid…