Nike Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike Inc.’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a ...
Nike falls below $100 billion in value as turnaround sputters
Nike Inc. shares tumbled on Friday, sending the sportswear company’s market value below $100 billion for the first time since ...
Nike's comeback plans threatened by tariffs, overstocked shelves
Nike is facing challenges in its turnaround effort as it deals with old inventory, the impact of a trade war, and declining ...
Nike Executives Say Turnaround Plan Will Take Time
Nike shares fell 5% in after-hours trading after the company reported a 9% decline in sales during the winter months and said it expected a similar drop in the spring season. “We're not satisfied with ...