Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Oregon, United States
News & Analysis
Phil Knight Donates $1 Billion of Nike Shares to Charity
The sportswear brand's founder and chairman emeritus gave 12 million shares to an unnamed organisation.
Phil Knight Donates $1 Billion of Nike Shares to Charity
The sportswear brand's founder and chairman emeritus gave 12 million shares to an unnamed organisation.
News & Analysis
Nike's Flash Sales Are a Sign of Its Troubles
The markdowns come amid slowing demand as the apparel industry’s slump deepens and teens opt for rivals Adidas and Vans.
Nike's Flash Sales Are a Sign of Its Troubles
The markdowns come amid slowing demand as the apparel industry’s slump deepens and teens opt for rivals Adidas and Vans.
Financial Markets
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
News & Analysis
Nike’s Philip Knight Gives $400 Million to Stanford University
Nike Inc. co-founder Philip Knight donated $400 million to Stanford University to start a graduate scholars program that will address “global challenges” facing society.
Nike’s Philip Knight Gives $400 Million to Stanford University
Nike Inc. co-founder Philip Knight donated $400 million to Stanford University to start a graduate scholars program that will address “global challenges” facing society.
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News & Analysis
Nike Authorises $12 Billion Shares Buyback, Plan to Split Stock
Nike Inc., the world’s largest sporting-goods company, approved a new $12 billion stock buyback plan and said it would split its shares 2-for-1.
Nike Authorises $12 Billion Shares Buyback, Plan to Split Stock
Nike Inc., the world’s largest sporting-goods company, approved a new $12 billion stock buyback plan and said it would split its shares 2-for-1.
News & Analysis
California Runner Sues Nike after Breaking Leg on 'Dream Run'
Kate Freeman of Los Angeles filed a lawsuit on Friday in Multnomah County Circuit Court seeking $1.3 million from the Beaverton, Oregon-based company.
California Runner Sues Nike after Breaking Leg on 'Dream Run'
Kate Freeman of Los Angeles filed a lawsuit on Friday in Multnomah County Circuit Court seeking $1.3 million from the Beaverton, Oregon-based company.
Marketing
Nike Wants to Win Winter With a $185 Hoodie
The sportswear giant has been working hard on winter-wear and spent three years developing its new breathable running shirt.
Nike Wants to Win Winter With a $185 Hoodie
The sportswear giant has been working hard on winter-wear and spent three years developing its new breathable running shirt.
Retail
Nike Backs Obama on Trade with Pledge to Create 10,000 US Jobs
Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.
Nike Backs Obama on Trade with Pledge to Create 10,000 US Jobs
Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.
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News & Analysis
Nike Plans US Manufacturing Jobs If Trade Measures Approved
Nike Inc. and its partners will create as many as 10,000 US manufacturing and engineering jobs over the next decade if Congress approves fast-track trade legislation and a Trans-Pacific Partnership trade agreement is finalised.
Nike Plans US Manufacturing Jobs If Trade Measures Approved
Nike Inc. and its partners will create as many as 10,000 US manufacturing and engineering jobs over the next decade if Congress approves fast-track trade legislation and a Trans-Pacific Partnership trade agreement is finalised.
Global Markets
Nike Earnings Beat Estimates as North American Sales Advance
Nike Inc., the world’s largest sporting- goods maker, posted third-quarter profit that topped analysts’ estimates, helped by demand in North America.
Nike Earnings Beat Estimates as North American Sales Advance
Nike Inc., the world’s largest sporting- goods maker, posted third-quarter profit that topped analysts’ estimates, helped by demand in North America.
Financial Markets
Nike Beats 2Q Forecasts
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
Nike Beats 2Q Forecasts
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
News & Analysis
World Cup Boosts Nike Sales
Nike Inc., the world’s largest sporting-goods maker, posted first-quarter profit that topped analysts’ estimates after the FIFA World Cup soccer tournament boosted sales.
World Cup Boosts Nike Sales
Nike Inc., the world’s largest sporting-goods maker, posted first-quarter profit that topped analysts’ estimates after the FIFA World Cup soccer tournament boosted sales.
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.