North Korean Golfers Seen Wearing Nike Gear: Contraband or Elite Privilege?Players were spotted wearing pants and shoes with the Nike logo at the spring golf enthusiast compet ...
Nike Faces Backlash Over Revealing Track Uniforms: Sexism in Sports?The recently revealed uniforms for the U.S. women’s track team for the 2024 Paris Olympics are sparking controversy due to their revealing design, reminiscent of swimwear. According to foreign media outlets like AP News on the 14th (local time), Nike unveiled the uniforms for the U.S. track team during the Nike Air Innovation Summit in […]
What do Nike, Tesla, Apple, and Intel Have in Common?Apple, Tesla, Nike, and Intel experienced over a 10% decline in stock prices since the beginning of the yearInvestors, sensing the difficulties faced in China, have begun selling off“It won’t be long before the Chinese economy recovers, and stock prices begin to rebound” American companies with high dependency on the Chinese market see their stock […]
Nike Beats Expectations in Q3, Plans Strategic Shift Towards New Product LaunchesNike (NKE), the world’s largest sportswear and sneaker retailer, exceeded market expectations with its quarterly performance. Nike’s Q3 fiscal year 2024 (December-February) revenues were $12.43 billion (up 0.3% from the previous year), total sales profit was $5.56 billion (a 3.6% increase), and net income attributable to the controlling shareholder was $1.17 billion (a 5.5% decrease). […]
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