Bata eyes India revival, targets doubling business in five yearsPanos Mytaros is pushing an aggressive growth plan for Bata in India, calling it a “sleeping giant” and targeting a doubling of the busines...
02 Apr, 2026, 02.02 PM IST
Nike's China conundrum deepens as turnaround stagnates, shares slump 13%Nike is running out of time to prove its China playbook works as its sixth straight quarterly decline in sales in the country underscores h...
19 Dec, 2025, 11.15 PM IST
Nike plans to reduce reliance on China production for US market to soften tariff blowNike plans to reduce its reliance on Chinese production for the American market. This is to lessen the impact of US tariffs. The company an...
27 Jun, 2025, 07.19 AM IST
Markets are like people on cocaine: Deepak Shenoy says markets overreact, Nike will weather tariffsDeepak Shenoy, CEO of CapitalMind, downplayed fears around new U.S. tariffs affecting Nike, arguing the market is overreacting and that cos...
04 Apr, 2025, 05.48 PM IST
USA's iconic footwear company Nike feels the heat as Donald Trump’s tariff battle hits hard, stock price nosedives amid growing economic uncertaintyNike’s stock price dropped 7% after projecting a double-digit revenue decline due to shipment delays, exchange rate issues, and looming tar...
22 Mar, 2025, 08.42 PM IST
Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopesNike shares dropped 5.7% to a five-year low, following disappointing projections and a substantial sales decline in China. The new CEO's 'W...
22 Mar, 2025, 09.22 AM IST
Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
16 Aug, 2024, 07.54 AM IST
Nike shares slide 8% as switch to newer styles to squeeze revenueThe company anticipates lower sales, focusing on trendier sneakers. It aims to revive its running shoe category and launch Air Max Dn. Conc...
22 Mar, 2024, 07.46 PM IST
Nagrais, Mojaris, put Nikes, Miu Mius onInternational consumer goods and fashion brands are expanding their product offerings to cater to local tastes in growth markets like India...
28 Jul, 2023, 11.13 PM IST
Adidas plans to divest Reebok brandGerman sportswear maker Adidas AG said on Tuesday it plans to divest the underperforming brand Reebok that it failed to revive 15 years aft...
17 Feb, 2021, 07.35 AM IST
DHFL Pramerica AMC launches DHFL Pramerica Global Equity Opportunities FundThe fund will be managed by Alok Agarwal.
20 Nov, 2018, 05.37 PM IST
Nike starts downsizing India operations, to fire 20 per cent staffNike, which entered India in 2005, saw its sales fall to Rs 764 crore in FY16 from Rs 803 crore in FY15, according to data from Registrar o...
02 Sep, 2017, 10.36 AM IST
Nike cutting 2% jobs as part of business rejigThe overhaul is an attempt to speed up product development and refocus on key markets, CEO Mark Parker said in a statement on Thursday.
18 Jun, 2017, 12.24 PM IST
Under Armour, US' No. 2 sportswear brand, to enter IndiaA relatively new entrant in the category, Under Armour, which boasts sales of around $3 billion, has been talking to several big e-tailers ...
14 Jan, 2016, 12.28 PM IST
- Global sports-goods brands not game for mass market
Global sports-goods brands are gravitating towards Indian sport, but not towards the price-sensitive Indian consumer.
09 May, 2011, 02.31 AM IST
- Nike's 2Q net income up 22 per cent
Nike Inc says strong sales and improved margins, due largely to selling more items at full price, helped drive its second-quarter net incom...
22 Dec, 2010, 04.37 AM IST
- Nike to exit elite swimwear market
Nike is leaving the elite swimwear market, and some believe it could have a domino effect on America's performance in the pool at the 2012 ...
23 Sep, 2008, 08.46 AM IST