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NIKE TURNAROUND SLOW
Nike's China conundrum deepens as turnaround stagnatesNike's China sales are falling for the sixth quarter. The company is struggling with competition and old stock. CEO Elliott Hill says Nike ...
Nike sees stocks surge by 1.5% as revenues jump in Q1Nike’s first-quarter revenue surprised with a small rise, and the company beat profit estimates. Shares went up by 1.5% as CEO Elliott Hill...
Layoffs pile up in US, Canada as companies uncertain of economyAs job cuts persist in 2024 across the U.S. and Canada, sectors including technology, automakers, media, and financial services are heavily...
Feeding the world’s coal addiction is more profitable than everNo. 1 producer Coal India Ltd.’s profit nearly tripled, also to a record, while the Chinese companies that produce more than half the world...
Distressed denim: Levi’s tries to adapt to the yoga pants eraLevi Strauss may have invented jeans, but it never saw yoga pants coming. Inside the effort to win back the hearts, and butts, of shoppers.
Reebok turns around its Indian business, turns profitable after shift in strategyReebok was the leader of the Indian sportswear market, before a controversy over financial irregularities led to closing of all its shops i...