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Nike's Dong Wei: China's sports market has broad prospects and will continue to increase investment in technology research and development
Shanghai, November 9th (Xinhua) -- "Overall, the Chinese sports market has broad prospects and full potential, and we are confident in it," said Dong Wei, Chairman and CEO of Nike Greater China, to r ... -
Revenue and profit both decline, who is eating Nike's market
On the sports arena, athletes compete fiercely, while off the field, sales competition among major sports brands is equally intense. The latest performance released by global sports equipment giant N ... -
Nike and NBA renew contract until 2037, basketball remains the focus of sports equipment competition
On October 22nd, Nike announced that its global equipment, merchandise, marketing, and content partnerships with the National Basketball Association (NBA) and the Women's Basketball Association (WNBA ... -
Retired veteran urgently rehired, will Hill's return as Nike's global CEO today revive the brand with three arrows?
Nike Group (NYSE: NKE) is facing one of the most difficult situations in decades, as the world's largest sports brand has long left its competitors behind. But in June of this year, the company unexp ... -
Dong Wei Promoted to Chairman and CEO of Nike Greater China and Global CEO of ACG
On October 11th, Southern Finance and Economics reported that Nike has announced the latest appointment of Dong Wei, who will serve as the Chairman and CEO of Nike Greater China and the Global CEO of ... -
Nike's first quarter revenue in Greater China decreased by 4% year-on-year
On October 5th, according to Nike Group's financial report, in the first quarter of fiscal year 2025 (ending on August 31, 2024), Nike Group achieved revenue of $11.589 billion, a year-on-year decrea ... -
Nike's revenue for the first quarter of fiscal year 2025 was $11.6 billion, a year-on-year decrease of 10%
On October 5th, Beijing News Beike Finance learned from Nike Group that in the first quarter of the 2025 fiscal year (as of August 31, 2024), Nike Group achieved a revenue of 11.6 billion US dollars, ... -
Nike's Q1 2025 revenue drops by 10% to $11.6 billion, CFO says' meets expectations'
China Net Finance, October 2nd - Today, Nike Group announced its first quarter performance for the fiscal year 2025 (ending on August 31, 2024). During the reporting period, Nike Group achieved a rev ... -
Nike: Elliott Hill will serve as Global President and CEO of the group
On September 20th, a reporter from Beijing Business Daily learned that American sports giant Nike announced that it will replace its CEO. The current CEO, John Donahoe, will retire on October 13th an ... -
Nike's US stock surged nearly 7% in pre-market trading
On September 20th, Nike's US stock market surged nearly 7% before trading. The company stated that veteran Elliott Hill will succeed John Donahoe as CEO, effective from October 14, 2024. Donahoe will ... -
Nike's US stock surged nearly 7% in pre-market trading
On September 20th local time, Nike's US stock market surged nearly 7% before trading. The company stated that veteran Elliott Hill will succeed John Donahoe as CEO, effective from October 14, 2024. D ... -
Nike changes CEO to address weak performance
Interface News Reporter | Shi Yiying On the evening of September 19, 2024, local time in North America, American sportswear group Nike announced that it will replace its CEO. Elliott Hill, a former N ... -
Investment bank Bernstein lowers Nike's target price from $112 to $109
Investment bank Bernstein has lowered Nike's target price from $112 to $109. -
How to stabilize stock prices and growth? Nike targets its product innovation department
Global sportswear giant Nike is also feeling pressure to maintain growth and stabilize its stock price. At the end of June 2024, Nike released its annual report for the fiscal year 2024, covering the ... -
Nike Growth Difficulties: Can Greater China Support It?
Nike's growth has become even more difficult. On June 27th local time, the company disclosed its annual and fourth quarter performance reports for the fiscal year 2024 as of May 31, 2024. According t ...- lwj2651097
- 2024-7-3 09:35
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Nike's performance growth has come to a standstill, claiming that the Chinese market has a "relatively weak outlook"
The rapid rise of sports sub category brands is reshaping the landscape of sports brands. The old comprehensive sports brand Nike has fallen into the challenge of stagnant performance growth. On June ... -
Sales revenue outlook falls short of expectations, Nike's market value evaporates by over 28 billion US dollars
On June 28th local time, Nike's stock price plummeted by 20% due to growth concerns caused by lackluster sales performance, and the company's market value evaporated by over $28.4 billion. Nike predi ... -
The three major US stock indexes closed down, with most popular technology stocks falling. Nike plummeted by nearly 20%
Overnight trading: The three major US stock indexes closed lower, with most popular technology stocks falling. Nike plummeted by nearly 20%. 1. The S&P and Nasdaq hit new highs during trading and clo ... -
Nike's historic drop! The latest financial report is lower than market expectations
The latest financial report fell below market expectations, causing Nike to plummet. On Friday, June 28th local time, the three major US stock indexes collectively fell. As of the close, the Dow Jone ... -
Nike's stock price plummets: Emerging brands challenge revenue below expectations
Blue Whale News, June 28th (Reporter Wang Hanyi) On June 27th local time, Nike (NKE. N) released its financial results for the fourth quarter and full year of the 2024 fiscal year as of May 31, 2024. ...