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NIKE, Inc. NKE is a globally recognized American brand specialized in athletic footwear, apparel and sports equipment. With presence in more than 190 countries worldwide, NKE leverages its iconic ...
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 ...
Click to enlarge (Data from Nike's 2015, 2017, and 2019 earnings reports. Segment revenues in millions of dollars.). As the table shows, China's revenue contribution more than doubled in the past ...
Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like China, inventory issues and competition.
Profits in Greater China rose 51% to $330 million as the region approaches Western Europe ($1.6 billion and down 4% year-on-year) for the greatest share of Nike profit behind North America, which ...
But what that means in its two most important markets, the U.S. and China, is very different. First, the good news. Nike’s total revenue for the quarter ended May 31 grew 21% compared with the ...
The CEO of Nike said his company is "of China and for China" during a Thursday earnings call, according to a transcript published by Nasdaq.John Donahoe defended the company's business in China ...
Nike CEO John Donahoe called the sportswear apparel giant a “brand of China” this week, following a fiasco it was involved in earlier this year over concerns about human rights abuses ...
Nike CEO John Donahoe defended the company’s business in China this week, saying, “Nike is a brand that is of China and for China” following a consumer boycott in the country. Donahoe made ...
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 ...
The socially conscious, online-savvy consumer is what propels Nike’s growth today. But what that means in its two most important markets, the U.S. and China, is very different.