All Posts Tagged With: "Nike"

Deal Between Nike and Amazon Scares Sporting Goods Chains

Shares at several of the major sporting good chains fell to lows of 52 weeks after word that Nike might soon sell its products on e-commerce giant Amazon.com. On Wednesday, Goldman Sachs said it believed this deal would give Nike more exposure to the huge customer base and retail channel of Amazon, especially millennials. Products […]

Nike Orders Fall Short of Estimates, Slowdown Concerns Arise

Nike Inc posted its futures orders that came up short of analyst expectations. That helped to renew concerns that the athletic apparel and sneakers maker cannot maintain strong growth due to increasing competition. The future orders, a key metric for the amount of demand for the Nike brand, increased by only 1% across North America […]