Chinese social media accounts are leaning into Beijing’s trade war with the US by putting out AI-generated posts of Americans clocking in for factory jobs — including one showing President Trump and ...
HO CHI MINH CITY, Vietnam – China is the world’s factory for cars, toys and computers. But not sneakers. China is losing that title to Vietnam’s Ho Chi Minh City. Factories that ring the fast-paced ...
As Nike writes a comeback story, fixing its operations in China will be a crucial chapter on its path back to full strength for its overall business and its stock price. The legendary brand has ...
Shares fell to about $58 before the opening bell on Friday, down from a prior close near $65, as investors digested a sharp earnings decline and continued margin pressure tied to tariffs, inventory ...
Stock down 13% this year, set for fourth straight annual decline Nike's China sales decline for sixth consecutive quarter CEO Hill admits need to reset China strategy Competition from domestic brands ...
HO CHI MINH CITY, Vietnam — China is the world’s factory for cars, toys and computers. But not sneakers. China is losing that title to Vietnam’s Ho Chi Minh City. Factories that ring the fast-paced ...
NEW YORK, Aug 22 (Reuters) - Nike's (NKE.N), opens new tab push into the booming outdoor recreation market — which will kick off on Monday with the launch of a new trail running shoe — will test ...
TikTok users in the U.S. are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump tariffs by buying direct from the “world’s factory” – China.
Nike shares dropped more than 10% in premarket trading on Friday. It came after the company posted fiscal second-quarter earnings and revenue that topped Wall Street's estimates, but showed weakness ...
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating on the shares of Nike Inc (NYSE:NKE) on Friday and lowered the price forecast from $90.00 to $80.00. Nike shares have lagged behind ...
CEO Elliott Hill reported tangible progress driven by "Win Now actions that focused our team on our culture, product, brand marketing, marketplace and our ground game." He emphasized momentum in ...
・CEO Hill said on Thursday that Nike is in the “middle innings” of its comeback. ・Nike’s North America wholesale revenue rose 20% in the second quarter, with significant growth coming from existing ...
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