* No near-term sales salvo for Nike * Retailers' low inventories hit manufacturers * Slump expected through U.S. back-to-school season SAN FRANCISCO, June 26 - Nike may be viewed as the best positioned sports shoe...
* No near-term sales salvo for Nike * Retailers' low inventories hit manufacturers * Slump expected through U.S. back-to-school season SAN FRANCISCO, June 26 - Nike may be viewed as the best positioned sports shoe...
* Mass. sportswear firm sues Nike, Hall of Fame * SportsFuzion claims contract breach, fraud * Seeks more than $10 million in damages * Jordan to be inducted into NBA Hall in September CHICAGO, June...
SAN FRANCISCO (Reuters) - Nike Inc (NKE.N) warned on Wednesday of shrinking worldwide demand, especially in economically hard-hit Europe, but executives said they hoped to see revenue growth next year, in the second half of its fiscal 2010.
NIKE Inc, one of the largest corporate spenders in the United States sports sector, could send shock waves through the industry this year by cutting its marketing budget as part of its push to reduce expenses.
U.S. sportswear giant Nike Inc will close its shoe plant in Taicang, Jiangsu Province, sources reported, citing Zhu Jinqian, spokesperson of Nike China, as saying.Nike will move the shoe manufacturing business to other Asian countries, said Zhu, adding that the 1,400 employees in the Taicang plant will be...
U.S.-based Nike Inc, one of the world's leading shoe makers, on Tuesday announced that it will build what will be Asia's largest logistics center in Suzhou, Jiangsu Province to enhance business development in China, sources reported.The logistics center has a total area of 120,000 square meters and is located in...
Nike is experiencing a sharp increase in online sales, driven in part by cost-conscious shoppers conserving gasoline, the U.S. company's chief executive said on Saturday.
Nike Inc's quarterly net profit rose 9 percent on strength in footwear, but lower sales in the United States and decelerating growth in Asia were concerns in its two biggest markets...
LOS ANGELES, Nov 19 - Nike Inc, Starbucks Corp and investor coalition Ceres are among the founding members of a new coalition calling for strong U.S. climate and energy legislation in early 2009. The group,...