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Plans of $2 billion in cost-cutting, which included laying off 2% of Nike’s workforce, didn’t stem the tide. Insiders complained about a brain drain at a company known for fiercely protecting ...
Nike named a new CEO Thursday, sending its stock up nearly 10% in after-hours trading as the company attempts to reinvigorate slowing sales growth amid increased competition.Elliott Hill, a former ...
While Target’s NFLPA jerseys aren’t the most coveted on this list, there are ways to save on the already cheap price if you’re going to buy one. For example, you save 5% on every purchase ...
In the bond market, the yield on the 10-year Treasury ticked up to 3.74% from 3.72% late Thursday. In stock markets abroad, indexes slumped across much of Europe after rising in Asia. Tokyo’s Nikkei 225 rose 1.5% after the Bank of Japan left interest rates steady, as was expected. __ AP Writers Matt Ott and Zimo Zhong contributed
Nike's Q4 online sales took a hit, with Nike Direct revenue declining 8% to $5.1 billion owing primarily to a 10% fall-off in Nike Brand Digital revenue.
The founder of the Wieden+Kennedy agency, Dan Wieden, credits the inspiration for his "Just Do It" Nike slogan to a death row inmate Gary Gilmore’s last words: "Let's do it." [1] From 1988 to 1998, Nike increased its share of the North American domestic sport-shoe business from 18% to 43% (from $877 million to $9.2 billion in worldwide sales ...
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