JD Sports said it was ‘really happy’ that Nike has a new boss as troubles at the US giant hang over Britain’s ‘King of Trainers’. The retailer posted record half-year sales of £5billion ...
NEW YORK: Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products. The lackluster ...
In June, Nike forecast a surprise drop in annual sales, and some analysts expect it to further revise those targets on Tuesday. Analysts have revised their expectations since and on average ...