Nike’s Q2 Online Sales Booming Its Bottom Line
Commenting on Nike’s Q2 2020 and its booming online sales, and today’s trading Gorilla Trades strategist Ken Berman wrote in a note to investors:Q2 2020 hedge fund letters, conferences and moreNike's Booming Online SalesThe major indices are all trading lower at midday following a mixed start to the session, as selling resumed in the largest tech names following a two-day bounce in the sector. Bulls are eyeing the large-cap benchmarks’ 50-day moving averages again, which turned into technical resistance after acting as support last week. Nike’s (NKE, +9.2%) much better-than-expected quarterly ...
Nike cheers return of pro sports as earnings top expectations
New York (AFP) - Nike shares rocketed higher Tuesday after the company reported blowout quarterly earnings on strong digital sales and its CEO cheered the return of pro sports.The sports giant, which suffered bruising losses in the prior quarter due to the coronavirus pandemic, notched an 82 percent increase in digital sales in the quarter ending August 31, offsetting lower revenue in its wholesale business and declines in retail stores, where traffic is still down due to Covid-19.The company experienced big increases among consumers working out on the Nike Training app, while the "Nike Runnin...
ケンブリッジ飛鳥（Nike）が10.03(+1.0m)の自己新で優勝！日本歴代7位タイで9秒台目前！Athlete Night Games in FUKUI 2020-9.98CUP-男子100m決勝
Athlete Night Games in FUKUI 2020が8月29日(土)に行われた。見事...
Filipino cagers to remember Kobe Bryant on ‘Mamba Day’ with webinar
Filipino cagers to remember Kobe Bryant on ‘Mamba Day’ with webinarLuisa Morales(Philstar.com) – August 19, 2020 – 1:57pmMANILA, Philippines – Filipino players will honor the late Kobe Bryant on his birthday week with a webinar on August 24 to talk about his famous “Mamba Mentality”.Initiated by sportswear giant Nike, Filipino basketball icons Kiefer Ravena, Jimmy Alapag, Camille Clarin and Kat Tan will share their take on “Mamba Mentality” and Bryant’s legacy with a webinar titled ‘Mamba Mentality Live’.Catered toward Nike members, the webinar will focus on Bryant’s impact on the Filipino bal...
Klopp agrees Adidas deal shortly after Liverpool partnership with Nike begins
Liverpool boss Jurgen Klopp has reportedly signed a sponsorship deal with Adidas.The news comes shortly after Liverpool started their multi-million commercial arrangement with major rivals Nike this summer.According to the Telegraph, Adidas are expected to announce the agreement with Klopp in the coming days.The German will be seen wearing Adidas footwear when strolling the Anfield touchline next season.Klopp has become a marketable asset for companies in recent seasons after leading Liverpool to Champions League and Premier League triumphs.Copyright 2020 tribalfootball.com Pty Ltd. All rights...
Nike to cut jobs, boost direct-to-consumer venture
New York (AFP) - Nike said Wednesday it expects to cut jobs as it announced a slew of new executive appointments to accelerate direct-to-consumer initiatives amid the coronavirus pandemic.The sports giant did not estimate the headcount hit, but said it expects "a net loss of jobs across the company," resulting in one-time expenses of $250-$300 million."We are announcing changes today to transform Nike faster, accelerate against our biggest growth opportunities and extend our leadership position," said Chief Executive John Donahoe."Now is the right time to build on Nike's strengths and elevate ...
Washington Redskins Name Under Review After FedEx, Nike Call for Name Change
Washington Redskins owner Dan Snyder has been feeling pressure to change the name of his team for years now. He never gave in, going as far as saying a name change will “never” happen. But now, Snyder is relenting.A press release from the team Friday stated that the Redskins name will go under review. This comes after FedEx CEO Frederick Smith requested a name change and Nike has wiped the Redskin logo off of its website. Smith has minority stake in the team and FedEx has the naming rights to the teams home stadium “FedEx Field.”The press release from the Redskins stated that it will take inpu...
先日Nikeが発表した新しいサッカーボール「Nike Flight Ball」は大きな話題になった。...