With a notable drop in earnings and revenue, the well-known brand is in the spotlight, facing the dual pressures of retail struggles and a decline in digital sales. Resultantly, Nike’s focus has ...
Nike is well-poised to experience a surge in digital sales following the app ... Fitness enthusiasts interested in attending the retailer’s events can also find additional information in this ...
Pam Danziger reports on retail, focused on the luxury ... led by Heidi O’Neill, President of Nike Direct, and Adam Sussman, Chief Digital Officer. That, of course, means more reliance on ...
Of course, many brands—including Nike—had already begun their ... a trend that will continue to reshape retail markets — and brand’s digital commerce strategies — for the foreseeable ...
Weeks after the retailer shuttered its experiences business, REI on Wednesday announced that CEO Eric Artz will retire in ...
The retailer had previously said it expected ... continuing challenges on Nike Digital, muted wholesale order books with newness not yet at scale, a softer outlook in greater China, and a number ...
Nike didn't immediately respond to an Insider question about retail theft. The sportswear giant last fall closed a celebrated outlet store in its hometown of Portland because of ongoing theft.
Notably, NIKE is transitioning its digital platform to a full-price model ... 10.6% in the past three months compared with the shoes and retail apparel industry’s 8% decline.
Nike is diving into the metaverse. While Facebook's recent name change might have pushed Nike to go public with some of its plans, the sportswear giant has been laying the groundwork for its ...