with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...
The push initially helped the company build on the demand for ... of Nike's relationships’ with retail partners who buy Nike ...
Nike's new CEO said that two months into the job, he's working hard to fix three key mistakes that the sneaker maker has made in recent years. Hill rejoined the company in October as chief ...
Revenues for the NIKE brand declined 3% here, due primarily to “an unexpected decline in North America wholesale revenue,” the company reported ... in the running shoe segment with premium ...
When news broke in March 2022 that Nike would reduce the amount of inventory it sent to Foot Locker stores, it signaled that the storied shoe brand ... models like wholesale and marketplaces ...