All Nike articles – Page 3
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News
Nike profits soar as brand reports record revenues in North America
Nike has posted a surge in profits and record sales as shops reopened and coronavirus restrictions around the world eased.
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Gallery
Analysis: From weddings to skate parks – eight unique retail experiences worldwide
With Selfridges offering its world famous Oxford Street store for “non-traditional ceremonies” to couples as coronavirus restrictions are relaxed, Retail Week looks at some of the other one-of a kind experiences that stores around the world provide.
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Analysis
Generation M: Catering to the young fashion-conscious Muslim consumer
The modest fashion market is growing but mainstream retailers are yet to really take note. Retail Week explores how to cater to the Muslim consumer without being tokenistic
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Analysis
Future of the flagship: Finding its place and purpose in a post-Covid world
Has the flagship store changed for good? Retail Week considers its role in the retail landscape of tomorrow
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Retail Navigator Analysis
Nike (Overview)
Nike is the largest seller of athletic footwear and apparel in the world, operating under the Nike, Jordan and Converse brands. It has over 1,000 standalone stores worldwide with around 40 in the UK.
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Retail Navigator Analysis
Nike (SWOT)
Nike is one of the most recognisable brands worldwide with a slogan that is widely known and a logo that is instantly recognisable. Reflecting its brand awareness, Nike is one of the largest footwear companies in the world.
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Retail Navigator Analysis
Nike (Strategy)
In 2020, Nike announced its Consumer Direct Acceleration (CDA) strategy, “a new digitally empowered phase” which would “unlock long-term growth and profitability”.
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Retail Navigator Analysis
Nike (Financials)
Nike posted record revenues for a third consecutive year in the 12 months to 31 May 2023 (FY2022). Sales rose 10% to $51.2bn (£42.7bn) or 16% in constant currency.
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News
Superdry names ex-Nike and Helly Hansen exec as new chair
Superdry has appointed former Nike and Helly Hansen executive Peter Sjölander as its new chair to replace the outgoing Peter Williams.
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News
Nike to crack down on retail partners in bid to curb reselling
US sportswear giant Nike has warned retail partners that it will cut supplies of limited-edition trainers in a bid to curb an upsurge in reselling.
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Analysis
China boycotts H&M: Will Western brands have to choose between ethics and profits?
Tensions between China and the West reached boiling point last week as several countries, including the UK, imposed sanctions over human rights abuses against Uighur Muslims and retail found itself caught in the crossfire.
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News
Nike and H&M face China backlash in Uighur forced labour row
Fashion giants Nike and H&M face boycott demands from Chinese consumers after expressing concern over allegations of forced labour in cotton production.
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News
Nike profits rise as China leads sales recovery
Nike has posted a jump in profits as booming sales in China offset tougher conditions in the US and Europe amid the coronavirus pandemic.
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Opinion
‘Thorntons’ plight lays bare risks of chasing revenue over relevance’
Britain’s high streets mourned the loss of another business this week. Thorntons became the latest name to shut up shop as the chocolatier said its 61 stores will not reopen when lockdown restrictions are lifted next month.
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Opinion
‘New partnerships such as Next and Reiss are shaping retail’s future’
Agility and partnerships go hand in hand with brand relevance and evolution. So do innovation and investment.
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Analysis
Worldview: How Chinese retail lit a fire under its Covid-19 recovery
In the first instalment of our new Worldview series gleaning insight and inspiration from global markets, Eliam Huang analyses how China is bouncing back from Covid-19.
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Gallery
In pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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Analysis
Amazon versus the EU – what are the implications for retail?
The clash between the European Union and etail giant Amazon is a case of ethics versus big data.
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News
Nike eyes permanent shift online as digital sales soar in lockdown
Nike’s online sales surged during its first quarter as its direct-to-consumer strategy bore fruit during lockdown.
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News
Frasers Group considers mothballing Bob’s Stores chain after Nike severs ties
Frasers Group has launched a strategic review of its Bob’s Stores chain in the US after Nike revealed it will stop supplying product to the business.