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News
NIKE's China Business: Recovery Story or Ongoing Challenge?
6+ day, 16+ hour ago (154+ words) How Are adidas & lululemon Navigating China’s Market? adidas AG ADDYY and lululemon athletica inc. LULU are NKE’s key competitors in the global market. NKE’s Price Performance, Valuation & Estimates Shares of NIKE have lost 11.2% in the past three months compared with…...
'Ready for a change’: Soul Pizza owners call time on business
6+ day, 13+ hour ago (509+ words) A POPULAR South Devon pizza business launched during the Covid pandemic is being put up for sale after nearly six years of trading. Soul Pizza, based in Dawlish, was founded by Sam Connett in February 2021 and has built a following…...
Amazon and Nike Are Winning Gen Alpha: The Bigger Story Is Who Actually Controls the Purchase
1+ week, 5+ day ago (1617+ words) Gen Alpha is often discussed as if brands can reach the generation by finding the right social platform, creator, or short-form video format. The household data tells a more complicated story. Amazon and Nike currently sit at the top among…...
Nike Installs Former Foot Locker Supply Chain Chief as Converse COO
2+ week, 1+ day ago (322+ words) Kristin Bauer will begin work at the struggling brand on Sept. 14. As Converse‘s new operations head, Kristin Bauer has a formidable challenge ahead of her. A Nike Inc. spokesperson on Saturday confirmed Bauer’s appointment as chief operations officer at…...
RE/MAX promotes branded shoe covers and bottle presentation to enhance client experience
2+ week, 4+ day ago (682+ words) Traders Union RE/MAX promotes branded shoe covers and bottle presentation to enhance client experience RE/MAX is encouraging agents to create a strong first impression by introducing branded shoe covers for client visits and presenting polished bottles at closing....
How Franchises Can Ace the Back-to-School Sales Test
2+ week, 5+ day ago (378+ words) Back-to-school is one of the year’s biggest retail moments, and one of the shortest. The bulk of the season’s $128 billion in spending lands between July 4 and Labor Day, giving franchise systems a narrow window to capture it. Parents and students…...
Jobs at risk as Nike foam supplier offshores production
2+ week, 5+ day ago (216+ words) UK footwear foam manufacturer Zotefoams, which supplies global brands including Nike, has reportedly entered a consultation phase which could see 100 jobs at risk as it looks to offshore production to Vietnam. Campaign group GMB alleges Zotefoams, based in Croydon in…...
Nike is losing steam in China - the imitation game is growing
3+ week, 21+ hour ago (72+ words) Nike is losing steam in China – the imitation game is growing Business Post Nike is losing steam in China - the imitation game is growing • Why a Chinese Supreme Court trademark decision allows a Jordan copy to keep its logo • How…...
JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers
3+ week, 3+ day ago (107+ words) JD Sports cut its profit outlook after weaker-than-expected sales of sneakers in the second quarter, as its customers grapple with cost-of-living pressures and pull back on discretionary spending. The retailer cut its profit outlook after weaker-than-expected sales in the quarter,…...
Nike is quietly closing its localized neighborhood stores
3+ week, 4+ day ago (459+ words) More than a dozen Nike Live locations, which were eventually rebranded as Nike Well Collective, have shuttered across the country. Nike is quietly closing its neighborhood local stores across the country. Launched as Nike Live in 2018, the concept debuted in…...