Nike

Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.

(source: nike.com)

‘Department of Nike Archives’ Impacted by Companywide Layoffs
‘Department of Nike Archives’ Impacted by Companywide Layoffs
May 30, 2024  |  Retail

Nike’s layoffs have reportedly impacted employees in the company’s archive that stores shoes, gear and other artifacts from the brand’s history. Some members of the...

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DraftKings, FedEx Lead CE 100 Index Gains
DraftKings, FedEx Lead CE 100 Index Gains
March 25, 2024  |  Connected Economy

The CE 100 Index was up nearly 2%, capping a week that saw most pillars gain ground.  DraftKings surged 13%, leading the “Have Fun” segment...

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Nike Continues to Distance Brand From D2C Push
Nike Continues to Distance Brand From D2C Push
March 21, 2024  |  Earnings

Nike may have beaten the street with its fiscal year Q3 earnings, but it’s hardly taking a victory lap. Acknowledging that this was a “difficult...

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Nike Layoffs Point to Economic Pressures on Retail Spending
Nike Layoffs Point to Economic Pressures on Retail Spending
February 16, 2024  |  Personnel

Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more...

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Shein Shines in PYMNTS Provider Ranking of Shopping Apps
Shein Shines in PYMNTS Provider Ranking of Shopping Apps
February 13, 2024  |  Retail

Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps...

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Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

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Shein Remains at Top of Provider Ranking of Shopping Apps for Sixth Consecutive Month
Shein Remains at Top of Provider Ranking of Shopping Apps for Sixth Consecutive Month
January 17, 2024  |  Shopping

Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help....

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Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
December 30, 2023  |  Retail

A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like...

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Consumers Pull Back on Spending; Companies Cut Costs
Consumers Pull Back on Spending; Companies Cut Costs
December 29, 2023  |  Economy

Companies are reportedly facing the reality of limited pricing power as demand weakens and consumers become more price sensitive. This marks a shift from recent...

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