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News
Nike shareholders reject climate proposal backed by Norway wealth fund
4+ day, 10+ hour ago (445+ words) NEW YORK, Sept 8 (Reuters) – Nike shareholders have rejected a proposal urging more transparency on its climate goals, including disclosing details on how the sportswear maker intends to reach emissions-reduction targets, the company said on Tuesday. The shareholder resolution resurfaced questions…...
Analysis-After tackling discounts in China, Nike still needs to win back shoppers
1+ mon, 3+ week ago (735+ words) By Casey Hall and Danielle Kaye 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 control over pricing…...
Nike to tighten online sales in China amid ‘cluttered’ marketplace
1+ mon, 3+ week ago (441+ words) NEW YORK, July 21 (Reuters) – Nike is trying to lure back shoppers in China by controlling how its products are sold online, directing consumers to official Nike channels as the American sportswear giant continues to lose ground to domestic rivals. By…...