Sales growth forecast sportswear companies global 2024
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Nike appoints new CEO as sportswear giant’s sales come under pressure | Nike
Nike is bringing back the former senior executive Elliott Hill to replace John Donahoe as chief executive as the sportswear brand attempts to revive sales amid rising competition. Hill, who…
Anta’s interim profit soars 62.3% as ‘Dragon Outfit’ Olympic kit lifted sportswear sales
Anta Sports Products, which supplied the Chinese athletes’ podium uniforms during the 2024 Paris Olympics, reported a surge in its interim profit as its global profile and exposure translated to…
Columbia Sportswear posts Q2 loss, net sales decline
Net sales at Columbia Sportswear decreased 8 percent or 7 percent constant-currency to 570.2 million dollars reflecting lower wholesale net sales in the US due to retailer cautiousness, a difficult…
Nike stock plunges on surprise forecast of drop in sales | Retail News
It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation. Nike’s stock has plunged as a forecast for a surprise drop in…
Nike Hit With Class Action After Trouble With DTC Sales Model
Nike’s once-celebrated direct-to-consumer (“DTC”) strategy has landed the sportswear company in hot water with a Florida pension fund, with the fund filing a securities class action against two of Nike’s…