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In November 2023, Nike announced a 9% dividend increase -- marking the 22nd consecutive year the company raised the dividend. Nike now yields a respectable 1.8% -- which is higher than the yield ...
Nike's core growth strategy over the past several years has been the expansion of Nike Direct, its direct-to-consumer (DTC) business that handles its first-party online and brick-and-mortar stores ...
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With shares down by almost 17% over the last five years, Nike (NYSE: ... $5.5 billion in 2023, and $4 billion in 2022. That's almost $14 billion spent buying back a stock that has fallen ...
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.
The strike began on October 23, 2023, in Dhaka, Bangladesh, causing over 600 factories to shut down. [3] On November 4, striking garment workers clashed with the police at Ashulia, west of Dhaka. Where around 10,000 workers were picketing and attempted to prevent other workers from returning to their shifts, reportedly hurling stones and bricks ...
Shares are now down 56% from their pandemic-era peak, and the company has consistently lost market share to upstart rivals like On Holding and Deckers' HOKA brand. Nike also expects sales to fall ...
November 2023 in Bangladesh (1 P) This page was last edited on 2 February 2025, at 15:01 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4. ...