Billions in Wealth, Millions in Pay: A look at Tim Cook’s earnings story at Apple; all about his net worth and paycheckApple's CEO Tim Cook is stepping down in September 2026. Veteran executive John Ternus will take over the top role. Cook will become execut...
21 Apr, 2026, 07.22 AM IST
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 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...
01 Oct, 2025, 03.32 AM IST
Nike stock jumps 15% on earnings beat and turnaround plan — is this the recovery buy Wall Street was waiting for?Nike stock soared 15% after a surprise earnings beat and bold turnaround plan gave Wall Street something to cheer about. With better-than-e...
27 Jun, 2025, 08.33 PM IST
Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brandNike faces potential U.S. tariffs on imports from Vietnam, where it produces 50% of its footwear and 28% of its apparel. Higher tariffs cou...
02 Apr, 2025, 10.04 AM IST
Nike shares dip as forecast withdrawal worries investors about turnaround timelineNike shares fell by about 6% in premarket trading after the company withdrew its annual revenue target, creating uncertainty over its turna...
02 Oct, 2024, 05.11 PM IST
Nike stock plunges as gloomy sales forecast fans growth concernsNike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. T...
29 Jun, 2024, 09.24 AM IST
Nike sinks over 18% as gloomy sales forecast fans growth concernsNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the ...
28 Jun, 2024, 08.12 PM IST
Hoka-owner Deckers's shares jump 13%, breach $1,000 mark for the first timeShares of Deckers Outdoor jumped 13% to breach the $1,000 mark for the first time on Friday, as the footwear company posted upbeat fourth-q...
24 May, 2024, 08.34 PM IST
Lululemon sinks 17% as annual forecasts disappointNike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium at...
22 Mar, 2024, 11.11 PM 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
Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
22 Dec, 2023, 09.29 PM IST
Ukraine war to sully clothes sales from Levi to Ralph LaurenAmerican clothes firms' European businesses were just recovering from two years of pandemic restrictions.
09 Mar, 2022, 09.00 AM IST
Amazon is exploring offer for Peloton, source says; report says Nike also weighing bidMeanwhile, the Financial Times reported late on Friday that sportswear company Nike Inc is also evaluating a bid for Peloton.
06 Feb, 2022, 07.29 AM IST
Nike, bank stocks push S&P 500 to new high, Dow Jones jumps 200 pts as inflation fear calmsNike Inc surged 13.9% to an all-time high after the sneaker maker forecast fiscal full-year sales ahead of Wall Street estimates, helping t...
25 Jun, 2021, 10.52 PM IST
FTSE 100 gains on energy, mining stock boost; best week in over a monthThe benchmark FTSE 100 index rose 0.4% to record its best week in over a month, extending previous session gains as the Bank of England lef...
25 Jun, 2021, 10.35 PM IST
- Fifa World Cup: Advertisers, sponsors pushing merchandise
Sports goods makers such as Adidas, Nike, Reebok and Puma are targeting teenagers with their wares and expecting up to four times more sale...
10 Jun, 2010, 12.01 AM IST