Nike’s pivot to direct-to-consumer created an opening on store shelves that New Balance and other rivals moved quickly to fill.
New Balance grew sales 19% to $9.2 billion in 2025 as its emphasis on street-wear styles and performance resonate with a wide ...
The shoe's design is inspired by 1970s-'90s Nike models, muscle cars and Booker's connection to Phoenix. The initial release includes two colorways, "Phoenix" and "Rising," which differ in design, ...
Yes, the athletic footwear and apparel company finally sold off its non-fungible token (NFT) arm, RTFKT. This is a quiet end to an acquisition that once symbolized the company’s ambitious metaverse ...
Nike has sold one of its subsidiaries, but it’s not the one on the minds of some analysts and industry watchers. The company last month quietly sold RTFKT, pronounced “Artifact.” The sale came roughly ...
NIKE, Inc. (NYSE: NKE) shares are consolidating on Friday. They have been strong after significant insider buying was made public. • How are NKE shares performing? The shares are refilling a gap. This ...
Nike’s struggles are exacerbated by a highly challenging operating environment in China and pullbacks in North American consumer spending. Nike has transitioned from a growth stock to a turnaround ...
Nike is downgraded from hold to sell due to unsustainable dividends, margin compression, and overvaluation. Despite a 1% revenue increase and North American strength, NKE's net income fell 32% and ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Shares fell to about $58 before the opening bell on Friday, down from a prior close near $65, as investors digested a sharp earnings decline and continued margin pressure tied to tariffs, inventory ...
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