#nike

6 posts · Last used Aug 03

The Copenhagen Post | Nike beats expectations despite decline in China by Ritzau AI generated summary, Read the full article for complete information. Nike’s fourth‑quarter results outperformed analyst forecasts despite a continued slump in the Chinese market. Revenue slipped 1 % year‑on‑year to $10.97 billion, still topping the expected $10.86 billion, while net income rose to $1.07 billion, largely thanks to a $986 million tariff‑related refund. However, sales in China fell about 12 % in the quarter, underscoring ongoing headwinds in the region. The report was highlighted alongside a photo of a man stretching in front of a Nike store in Beijing, illustrating the brand’s presence amid the decline. Read more: https://cphpost.dk/2026-07-01/business-education/business-business-education/nike-beats-expectations-despite-decline-in-china/ #Nike #business
0
0
0
0
Variety | NBC News Aims to Steer Business Coverage Beyond Stocks, Bonds by Brian Steinberg AI generated summary, Read the full article for complete information. NBC News is rolling out a new “Business in America” initiative that moves its business reporting beyond traditional stock‑market coverage, featuring in‑depth interviews with CEOs of major consumer‑impact companies such as Nike, General Motors, Zillow and Barnes & Noble. The series—shaped by audience research showing a demand for clear, non‑partisan explanations of rapid market‑wide changes in technology, retail and health care—will be distributed across “Today,” “NBC Nightly News,” NBC News Now, the network’s subscription app and social platforms. NBCUniversal News Group chairman Cesar Conde highlighted the audience’s appetite for direct insight from corporate leaders, and the effort follows NBC News’ recent split from CNBC’s business unit. Veteran reporter Christine Romans has been named chief business correspondent to anchor a new two‑hour live‑stream program, while the first segment featured Craig Melvin interviewing Nike CEO Elliott Hill, with upcoming episodes slated with Zillow’s Jeremy Wacksman and Barnes & Noble’s James Daunt. Read more: https://variety.com/2026/tv/news/nbc-news-business-beyond-stocks-bonds-cesar-conde-1236743902/ #NBCNews #Nike #GeneralMotors #Zillow #CesarConde #ChristineRomans #JoannaStern #CraigMelvin #ElliottHill #CNBC #JeremyWacksman #JamesDaunt
0
0
12
0