Nike’s China business has shrunk 30% since 2021, with annual revenue hitting its lowest level in eight years at the end of May. Experts told CNBC that Nike faces deeper challenges in China, including ...

SHANGHAI, July 23 (Reuters) - After eight successive quarters of falling sales in China, Nike is pulling online sales rights from some of its biggest retail partners in a high-stakes bet that tighter ...

For several quarters now, China challenges have been a drag on Nike‘s earnings during its overall turnaround. Now the Swoosh is taking action to right the ship in the region. “These new flagships will ...

Since she became Nike’s top executive in China four months ago, Cathy Sparks has traveled to 10 cities and talked to consumers, vendors and business partners. The conversations led to a key takeaway: ...

Nike (NKE) announced Tuesday that it will cut ties with thousands of online distributors in China starting in January. The move is aimed at tidying up its fragmented digital marketplace and restoring ...

An emergency department waiting room in Clackamas was identified as a measles exposure site on Wednesday, according to the Oregon Health Authority. An Estacada man was sentenced to more than 14 years ...

After a little more than a day of deliberations, a federal jury in Portland found Wednesday that Nike discriminated against former employee Heather Hender by paying her less than her male peers and ...

Nike NKE-1.17%decrease; down pointing triangle has ended online sales through its existing distributors in mainland China as the U.S. sportswear company overhauls its operations to revive sales amid ...

Nike NKE0.98%increase; up pointing triangle is rebooting its troubled China operations, betting that offering fewer places to buy its sneakers will help sell more of them. The sportswear giant said it ...

As Nike prepares to remove an estimated 1,000 partner-operated storefronts, China experts warn that tighter digital control ...

Taiwanese prosecutors detained an Nvidia Corp. employee as part of a probe into the alleged smuggling of AI chips into China, thrusting the US company into a high-profile case concerning the black ...