Nike jobs
Nike announces leadership promotions
Nike has announced that effective as of March 13, Amy Montagne, currently VP/GM, APLA will transition to lead the women’s business as VP/GM women’s and Cathy Sparks, currently VP, Nike Direct, EMEA, will transition to lead the APLA geography as VP/GM, APLA. The company announced that Whitney Malkiel, currently VP/GM Women’s, has decided to leave...
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Nike tops list of highest performing sneaker brands at resale
Sneakers dominate the resale market, that much we know, but which styles and brands are the stars, yielding the biggest return on the original investment? A new study by Money.co.uk, a London-based price comparison site, which collected data from the Stock X website and used the average change in price premium to determine how certain products...
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U.S. market and wholesale drive strong Q4 for Nike
Nike has topped analysts’ estimates for their fourth-quarter with record revenue driven by record revenue in its U.S. market and their wholesale business. Earnings per share (EPS) also surpassed the market’s forecast (93 cents vs. 51 cents expected.) Nike posted Q4 revenue of 12.3 billion dollars, up 96 percent from last year, and noting...
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Nike posts surge in Q4 sales and profit
Nike, Inc. said fourth quarter reported revenues were 12.3 billion dollars, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019. Full year reported revenues increased 19 percent to 44.5 billion dollars. Gross margin for the quarter increased 850 basis points to 45.8 percent, while diluted...
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Nike launches sustainable Happy Pineapple collection
Sportswear giant Nike has launched its Happy Pineapple collection, using piñatex instead of leather. Piñatex is a plant-based alternative to leather and is crafted by using pineapple leaves. Nike is one of the first brands to use piñatex in its designs, offering 95 per cent renewable resources and enhanced performance. Ananas Anam The new...
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Hibbett Sports opens new store in California
US-based sports apparel retailer, Hibbett Sports has announced it’s opening a new store in Richmond, California. The new shop is located at 3500 B. Klose Way in the Hilltop Plaza in Richmond and adds to the company’s already one thousand plus stores. The 5,000 square foot boutique-style space offers an open concept with easy exploration of new...
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eBay to authenticate collectible sneakers
Ebay’s authentication scheme for sneakers has now rolled out to the UK. The guarantee is currently available for eligible sneakers sold in new condition for 150 USD or more and pre-owned condition sold for 300 USD or more. Eligible sneakers will display a blue Authenticity Guarantee check mark. With the sneaker resale market set to be a billion...
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Fashion CEOs set sustainable priorities as gaps between goals and action remain
Leaders from fashion companies including Nike, H&M and Kering outlined priorities for a sustainable industry at this year’s Fashion CEO Agenda, while suppliers urged for the bridging of gaps between words and actions. The 2021 agenda introduced five areas of social and environmental sustainability that industry leaders have to focus on:...
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Lyst Index: Gucci remains hottest brand, Nike jumps up rankings
Gucci has retained its position as the world’s hottest brand according to fashion shopping platform Lyst’s most recent index, while Nike jumped up nine spots to take second place. Italian luxury label Gucci remained popular online in the first quarter of the year, with additional buzz being generated by a picture of Lady Gaga and Adam Driver on...
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Nike launches new content series focused on climate change
Sporting giant Nike has released a new content series featuring conversations between some of the world’s prominent climate experts and young leaders. ‘Talking Trash’ explores the way people can contribute to helping the plant and gives practical solutions through meaningful conversations while inviting audiences to ‘think global, act locally.’...
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Nike sets new sustainability goals
After rolling out its new sneaker refurbishing program, Nike also has plans for furthering its sustainability goals. The company is currently exploring new business models to extend the life of their products, and the company has also joined the Science Based Targets initiative, which calls for business to lead the way toward a zero-carbon...
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Jordan Brand extends women's sizing options
Sporting giant Nike’s Jordan brand announced extending its size offering for women’s Air Jordan sneakers in retro styles and new additions. The brand officially revealed its summer 2021 collection featuring 12 styles mixing the latest seasonal favorites with beloved silhouettes and retro throwbacks to create new styles with additional sizing for...
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