Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...

The former CEO of athletic apparel and footwear giant Nike Inc. (NYSE: NKE) returns on Oct. 14, 2024, ushering in a possible ...

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up ...

LONDON, Oct 8 (Reuters) - Nike's (NKE.N), opens new tab ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival, but the German brand will have to work ...

Nike Direct sales were ... especially as demand in China, North America, and Europe remains poor, he said. Another issue—the popularity of “terrace”-style shoes. “Nike makes these sorts ...

In the Q1 earnings call, Matthew Friend stated the following: Digital is still and Direct is still an ... the recent stimulus news from China should benefit Nike. For example, China's central ...

These issues gained attention when it was revealed that Nike was benefiting from cheap labor in countries like China, Indonesia ... labor for a pair of basketball shoes which retail for $149. ...

Adidas also reached a settlement with rapper Kanye West, who goes by Ye, during the third quarter to end a series of legal ...

Nike is struggling ... America that offset its stronger growth in China and other overseas markets. Over the past decade, Nike expanded its direct-to-consumer Nike Direct channel (which houses ...

The 120 bp YoY increase in Nike’s gross margin isn’t expected to continue per the Jefferies analyst. 5.) On the conference call, management noted worse-than-expected declines in Nike Direct ...

When John Donahoe stepped in as Nike's chief executive in January 2020, two months before the Covid-19 pandemic struck, the ...

The shoes have boosted Adidas sales over ... In Europe, Adidas has taken market share over the past year while Nike's share has fallen, according to direct to consumer sales data from Consumer ...