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NIKE INVENTORY ISSUES
Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...- US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...
- US retailers brace for impact as Trump's 100% China tariffs loomPresident Trump's threat of 100% tariffs on Chinese imports, set to take effect November 1, is raising concerns about price increases and r...
- US retailers brace for impact as Trump's 100% China tariffs loomUS President Donald Trump's new tariff threat on Chinese goods is causing concern. Experts warn of higher prices and lower consumer spendin...
- CoolKicks co-founder taken into custody during live stream after LAPD raids: Who is Adeel Shams and what is his net worth?CoolKicks co-founder Adeel Shams was arrested in Los Angeles on felony fraud charges during an LAPD raid. The high-profile sneaker reseller...
- Nike's comeback plans threatened by tariffs, overstocked shelvesNike is facing challenges in its turnaround effort as it deals with old inventory, the impact of a trade war, and declining consumer spendi...
- Global brands bare their soles to India's BISGlobal brands like Nike, Tommy Hilfiger, and Superdry may soon resume importing premium footwear to India as the government has initiated c...
- US stocks inch up on Black Friday, with retailers in focusWall Street's main indexes opened slightly higher on Black Friday, with retail stocks gaining attention amid holiday shopping. The Dow Jone...
- Not just Tata Tech, IPO of SME selling second-hand products also doubles on listingRockingdeals Circular IPO, which was opened for public subscription between November 22 and November 24, received a whopping 312.64 times s...
- SME IPO: Rockingdeals Circular issue subscribed over 142 times as on final dayAs a result of this overwhelming response to the IPO, the share is already demanding a 30% premium on the issue price of Rs 136-140/share i...
- Rockingdeals Circular fixes price band at Rs 136-140 for IPO, issue to open on Nov 21The company plans to raise Rs 21 crore through fresh issue of shares. It plans to raise a portion of this from qualified institutional inve...
- Clothing makers find it hard to break with China’s supply chainExperts say that China being so integral to the global apparel supply chain that even shifting countries doesn’t really reduce reliance tha...
- Wall Street ends lower, pausing rally as Powell testimony loomsUS stocks closed lower as investors took profits following a sustained rally amid concerns of weakening global demand. The sell-off followe...
- Wall St kicks off week on dour note; Tesla climbsWall Street's indexes fell with investors apprehensive of big bets ahead of Federal Reserve Chairman Jerome Powell's two-day testimony befo...
- World economy roiled by simultaneous shocks echoing 2007 anxietyHaving failed to foresee the surge in inflation to multi-decade highs, the Federal Reserve and most peers are now lifting rates at speed in...
- Despite inventory issues in North America, analysts think Nike can bounce backSome analysts are bullish on Nike's stock in the long run even as it faces a tough time due to the inventory difficulties in North America.
- Nike call shows how complicated and messy logistics have becomeThe mess stems from long shipping times and factories that have been forced to stop production due to Covid-related lockdowns.
- China’s sneakerheads chase 6,600% returns flipping Air JordansAcross China, more than 10 million monthly active users frequent online-resale apps, such as Poizon, Nice and DoNew, according to Chinese d...
- Military canteens can learn a lot from modern retailers: M Baladitya, CSD"When they do a contract with Canteen Stores Department, they have to assure us in writing that they will not sell any product anywhere at ...
- Alibaba heads into 2016 with knock-off reputationAlibaba has also worked with brands including Nike and Adidas to remove fake athletic shoes, watches and bags on Taobao and thousands of se...
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