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Nike's overall positive performance involved strong results from its digital and direct-to-consumer (DTC) businesses: The company's direct sales were $4.6 billion, up 15% from a reported basis and ...
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. [1][2] It sub-contracted factories ...
Goldman Sachs analyst Brooke Roach reiterated the Buy rating on Nike, Inc. (NYSE:NKE) with a price forecast of $105. According to the analyst, the company’s first-quarter results, set to be ...
Camilo Lyon, BTIG managing director & analyst, joins Yahoo Finance’s Julie Hyman and Brian Sozzi to discuss the declining sales in China and the athletic apparel giant’s global supply chain.
Nike, Inc.[ note 1 ] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [ 6 ] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. [ 7 ][ 8 ]
Āntà Tǐyù Yòngpǐn Yǒuxiàngōngsī. Anta Sports Products Limited is a Chinese sports equipment multinational corporation headquartered in Jinjiang, China. [2][3] It is the world's largest sports equipment company by revenue and third-largest manufacturer of sporting goods overall, behind Nike and Adidas ahead of Li Ning. [4]
The epidemic forced Nike to temporarily shut down stores to help contain its spread in China, where it was first detected late last year. "At a time when people were confined to their homes, we ...
Pou Sheng International (Holdings) Limited (Chinese: 寶勝國際 (控股)有限公司) (SEHK: 3813), or Pou Sheng International, is a sportswear retailer in Mainland China under the brand of YYsports. [1] In 2008, Pou Sheng International was spun off from its parent company, Yue Yuen Industrial Holdings (SEHK: 551), [2] and listed on the Hong ...