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NIKE, Inc. reports fiscal 2019 first quarter results

NIKE, Inc. has reported fiscal 2019 financial results for its first quarter ended August 31, 2018. For the quarter, double-digit revenue growth was driven by the continued success of the Consumer Direct Offense, which fueled growth across all geographies...

Fourth quarter revenue of NIKE increases 13 percent to US $9.8 billion

NIKE, Inc. has reported financial results for its fiscal 2018 fourth quarter and full year ended May 31, 2018. Fourth quarter revenue increased 13 percent to US $9.8 billion driven by strong double-digit revenue growth in international markets and NIKE...

Nike brand president resigns, workplace behaviour under scrutiny

President of Nike brand Trevor Edwards has resigned from Nike Inc. and will retire in August, amidst reports regarding internal complaints of workplace behaviour. According to multiple media reports CEO Mark Parker wrote in an internal memo that he will...

Nike to focus efforts on just 40 retail partners

CEO, Nike, Mark Parker said at the annual Investor's Day summit that the company will focus its efforts on just 40 key retail partners.. The company currently has 30,000 retail partners with 110,000 points of distribution. The change comes as...

Nike announces new Consumer Direct Offense to serve consumers personally

Nike has introduced the Consumer Direct Offense, a new company alignment that allows Nike to better serve the consumer personally, at scale. Leveraging the power of digital, Nike will drive growth—by accelerating innovation and product creation, moving even closer...

Nike direct to consumer operation gets new president

Nike Inc, the global footwear, apparel, equipment and accessories brand for sports and fitness activities, has appointed Jeanne P Jackson as the new president for its direct to consumer operation. As part of her latest assignment, Jeanne will look...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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