HONG KONG (Reuters) - Nike Inc , the world's biggest sneaker and sportswear maker, said falsified documents, underage workers and unpaid wages were problems encountered at suppliers in China, despite ...
The NBA's recent controversy in China could have ripple effects for American footwear and apparel companies. Those companies, especially Nike, have close ties to the league and its athletes but rely ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...
China is often considered the crucial market for footwear companies looking to establish global dominance. But in recent months, home-grown shoe brands such as Anta Sports and Li-Ning have threatened ...
Nike has under-performed due to distribution revamp, product design shifts, and backlash in China, impacting revenue and margins. Nike’s valuation is low, with a Schiller P/E near a 15-year low and a ...
BEIJING--(BUSINESS WIRE)--Ant Group and Nike China have signed an MOU to strengthen their partnership. Nike will use Ant Cloud Customer Service Solution to enhance its e-commerce operations in China, ...
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating on the shares of Nike Inc (NYSE:NKE) on Friday and lowered the price forecast from $90.00 to $80.00. Nike shares have lagged behind ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...
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