Nike Retains Teen Fashion Dominance Amid Rising Spending and Beauty Trends
Ugg has surpassed Lululemon as the favorite fashion brand among teens, with spending on clothing up 6% year over...
Nike
Mixed Fortunes for Retailers: In The Style Rescued, Nike Struggles, Asos Profits Rise
In The Style, a celebrity-inspired fashion brand, has been saved from administration by Alps Sourcing Limited, preserving 87 jobs...
Nike Rightsizes Key Styles Amid 9% Sales Drop, Prioritizing Apparel Innovation and Regional Growth
Nike is implementing a turnaround strategy that involves reducing the supply of popular shoe styles like Air Force 1,...
Nike’s Q3 Revenues Plummet 9% to $11.3 Billion
In a recent financial report, Nike revealed a 9% decline in revenue, reaching $11.3 billion (£9.1 billion), for the...
Nike Reports Decline in Q3 Sales Under New CEO
Nike's third-quarter sales plummeted by 9% this fiscal year, reaching £9.1bn ($11.3bn), down from last year's £10.1bn ($12.4bn). The...
Shein Tops as Fastest Growing Fashion Retailer Amidst Competitors’ Struggles
In a recent report by GlobalData, Shein emerged as the fastest-growing retailer in the global apparel market for 2024,...
Nike Opens Pop-up at Microsoft’s Former Flagship During NikeTown Renovation
Nike is set to open a pop-up store in Microsoft's former Oxford Circus location while its iconic NikeTown store...
On Activewear Brand Aims for Double-Digit Sales Growth with Wholesale Partners and DTC Expansion
Activewear brand On continues its double-digit sales growth streak, prioritizing both wholesale expansion and DTC growth. Co-founder David Allemann...
Nike and Skims Collaborate on Activewear Brand: NikeSkims
In a groundbreaking move, Nike is partnering with Kim Kardashian's Skims for a new activewear brand called NikeSkims, set...
Nike and Skims Collaborate for Women’s Athletic Line
Nike partners with Skims, founded by Kim Kardashian, to create NikeSkims, focusing on women's athletic apparel. This collaboration aims...