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Nike's overall positive performance involved strong results from its digital and direct-to-consumer (DTC) businesses: The company's direct sales were $4.6 billion, up 15% from a reported basis and ...
Nike's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time, investors were impressed by its quick recovery from the pandemic, the ongoing expansion of its Nike Direct ...
Nike ( NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [5] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment , with revenue in excess of US$46 billion in its fiscal year 2022.
Swoosh. The Swoosh is the logo of American sportswear designer and retailer Nike. Today, it has become one of the most recognizable brand logos in the world, and the most valuable, having a worth of $26 billion alone. [ 1 ][ 2 ] Bill Bowerman and Phil Knight founded Nike on January 25, 1964, as Blue Ribbon Sports (BRS).
The footwear giant first announced its three-days-in-office-a-week plan in 2021, but delayed implementing it until the spring of 2022 due to COVID variants. Now it wants more.
The first Nike lab opened in 1980 in Exeter, New Hampshire. The 16,000-square-foot (1,500 m 2) Sport Research Lab is located in the Mia Hamm building at the company's headquarters in Beaverton, Oregon. The Nike campus spans a total of 213 acres (9,300,000 sq ft) on the west side of the Portland metropolitan area.
And in February, the company announced a 2% cut to its workforce, or more than 1,500 people, and Donahoe put some of the blame for Nike’s recent underperformance on himself and the company’s ...