Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
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Retail
Nike Smashes Sales Estimates Thanks to Rebound in China
Sales in China rose 6 percent while in North America, the company's biggest market, sales fell 2 percent.
Nike Smashes Sales Estimates Thanks to Rebound in China
Sales in China rose 6 percent while in North America, the company's biggest market, sales fell 2 percent.
Retail
Nike Warns of Fourth-Quarter Hit From Store Closures
The sportswear giant is boosting e-commerce capabilities to address increased online orders.
Nike Warns of Fourth-Quarter Hit From Store Closures
The sportswear giant is boosting e-commerce capabilities to address increased online orders.
Retail
Nike's Sales Beat Estimates Despite Coronavirus Disruption
The sportswear company saw digital sales increase by 36 percent in the third quarter, following the outbreak.
Nike's Sales Beat Estimates Despite Coronavirus Disruption
The sportswear company saw digital sales increase by 36 percent in the third quarter, following the outbreak.
Retail
Nike's Sales Expected to Drop $3.5 Billion
The sportswear giant’s revenue could fall by a third in the fourth quarter due to store closures, supply chain disruptions and the NBA suspension caused by the coronavirus pandemic.
Nike's Sales Expected to Drop $3.5 Billion
The sportswear giant’s revenue could fall by a third in the fourth quarter due to store closures, supply chain disruptions and the NBA suspension caused by the coronavirus pandemic.
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Retail
Nike Seeks New Weapon in Battle Against Counterfeit Goods
Proposed legislation would extend to design patents the same protections given copyrighted and trademarked goods.
Nike Seeks New Weapon in Battle Against Counterfeit Goods
Proposed legislation would extend to design patents the same protections given copyrighted and trademarked goods.
Retail
Nike Invests in Adaptive Footwear
The sportswear giant is set to purchase an undisclosed stake in the laceless shoe company Handsfree Labs Inc, in bid to create apparel that's easier for people with disabilities to wear.
Nike Invests in Adaptive Footwear
The sportswear giant is set to purchase an undisclosed stake in the laceless shoe company Handsfree Labs Inc, in bid to create apparel that's easier for people with disabilities to wear.
Retail
Nike to Stop Selling Products on Amazon Site
The split comes amid an overhaul of Nike’s retail strategy that aims to focus on direct-to-consumer relationships.
Nike to Stop Selling Products on Amazon Site
The split comes amid an overhaul of Nike’s retail strategy that aims to focus on direct-to-consumer relationships.
Retail
Nike Files New Patent Infringement Lawsuit Against Skechers
The suit claims that Skechers’ Skech-Air Jumpin’ Dots and Mega shoes use footwear cushioning inventions Nike had developed.
Nike Files New Patent Infringement Lawsuit Against Skechers
The suit claims that Skechers’ Skech-Air Jumpin’ Dots and Mega shoes use footwear cushioning inventions Nike had developed.
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Workplace & Talent
Nike CEO Mark Parker to Step Down
John Donahoe, a Nike board member, will resume the top job in 2020.
Nike CEO Mark Parker to Step Down
John Donahoe, a Nike board member, will resume the top job in 2020.
News & Analysis
Nike Profit and Revenue Beat Estimates As Direct Selling Gains Momentum
Nike said new products and advancements in e-commerce helped lift sales.
Nike Profit and Revenue Beat Estimates As Direct Selling Gains Momentum
Nike said new products and advancements in e-commerce helped lift sales.
News & Analysis
Nike Cuts Ties With NFL Star Antonio Brown
Brown has denied allegations by his former personal trainer of rape and sexual assault.
Nike Cuts Ties With NFL Star Antonio Brown
Brown has denied allegations by his former personal trainer of rape and sexual assault.
News & Analysis
Report: Nike Exploring Sale of Surfwear Brand Hurley
The sportswear giant purchased Hurley in 2002 for an undisclosed sum, in an effort to expand beyond athletic-focused apparel.
Report: Nike Exploring Sale of Surfwear Brand Hurley
The sportswear giant purchased Hurley in 2002 for an undisclosed sum, in an effort to expand beyond athletic-focused apparel.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.