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Raymond James Managing Director and Senior Research Analyst Olivia Tong joins Yahoo Finance Live to discuss consumer spending, supply chain woes, retail inventory, and the outlook for Nike ...
Nike Inc. continues to make gains across the portfolio, even as supply-chain issues loom. The Beaverton, Ore.-based athletic apparel and accessories firm, which includes the Jordan and Converse ...
David Swartz, Morningstar Research Equity Analyst, joins Yahoo Finance Live to breakdown Nike's latest financial results, supply chain challenges and the company's move to cut revenue forecasts.
Nike Grind is Nike's collection of recycled materials that is composed of pre-consumer manufacturing scraps, recycled post-consumer shoes from the Reuse-A-Shoe program, and unsellable footwear. The purpose of Nike Grind is to eliminate waste in line with the tenets of sustainable fashion practices and close the loop on Nike's product lifecycle .
Nike, Inc. has been accused of using sweatshops and worker abuse to produce footwear and apparel in East Asia. After rising prices and the increasing cost of labor in Korean and Taiwanese factories, Nike began contracting in countries elsewhere in Asia, which includes parts of India, Pakistan, and Indonesia.
Nike posted Q2 EPS of .83 and revenue of $11.36 billion, marginally exceeding expectations amidst supply chain issues. Nike posts $11.36 billion in Q2 earnings, beats estimates amid COVID-era ...
In its first iteration, Higg Index metrics focus on environmental factors [example needed] in the apparel supply chain. As of 2013, Metrics pertaining to footwear as well as labor and social sustainability were planned for a future release. [16] On 11 December 2013, an updated version of the Higg Index was released. [4]
Nike posted first-quarter earnings results that were stifled by lingering supply chain issues stemming from manufacturing delays due to factory shutdowns in facilities in Asia.