Browsing Tag
Nike
29 posts
Lululemon rebuilds leadership team as sales fall and product turnaround becomes urgent
Lululemon Athletica Inc. is reorganising its senior leadership around two newly created positions as Chief Executive Officer Heidi O'Neill attempts to revive product relevance and restore growth. Maggie Gauger will become President and Chief Product Officer while Joseph Godsey joins as Chief Operating Officer, with two existing executives leaving in November. The restructuring goes well beyond appointments because Lululemon is simultaneously searching for new brand, communications, technology and strategy chiefs.
Nykaa (NSE: NYKAA) climbs 4.5% as Q2 growth stays near 30% and fashion accelerates
Nykaa’s provisional Q2 update points to late-20s consolidated revenue growth and early-30s net sales value growth, while Fashion is expanding considerably faster. With the stock only a few percentage points below its 52-week high, final margins and profit now carry a higher burden of proof.
Nike forecasts high-single-digit sales decline as $2.5bn restructuring deepens
Nike's fiscal 2027 outlook disappointed investors after first-quarter revenue fell 4%, Greater China deteriorated further and management warned that repairing Sportswear, Jordan Brand and distribution will take multiple seasons.
JD Sports shares tumble as North America sales slide 6.8% and FY27 profit guidance falls
JD Sports cut its FY27 profit outlook after North American like-for-like sales fell 6.8%, raising fresh questions about its U.S. recovery, footwear cycle and cash-return strategy.
adidas Q2 2026: ADS shares plunge 17% despite record €6.7bn in quarterly sales
adidas posted record €6.7bn Q2 sales and lifted FY26 revenue guidance, yet ADS shares fell 17% as a €924m World Cup marketing bill flagged H2 margin risk.
Nike is removing more than 1,000 China digital storefronts, but will fewer sellers revive sales?
Nike is replacing a sprawling network of partner-run China e-commerce storefronts with tightly controlled digital flagships, betting that consistency and pricing discipline can revive growth.
JD Sports (LSE: JD.) installs Darren Shapland as interim chair as leadership transition enters critical phase
Darren Shapland has taken interim control of the JD Sports board as the global retailer confronts weaker underlying sales, margin pressure and a demanding succession search.
Levi Strauss (LEVI) delivers Q2 2026 double beat and raises FY revenue growth to 7-7.5%
Levi Strauss (LEVI) delivers Q2 double beat, raises FY revenue growth to 7-7.5% and lifts dividend 14%. Tariff-adjusted guidance signals margin recovery ahead.
Nike (NKE) beats Q4 with $986m tariff refund but Greater China -12% keeps stock heavy
Nike (NKE) Q4 beats on $986M IEEPA tariff refund but China -12%; turnaround still lagging. Full executive read on Elliott Hill's plan ahead of Investor Day.
Bata India names Sanjay Rao CEO as footwear retailer targets faster growth
Sanjay Rao will take control of Bata India after a five-year leadership cycle, with investors expecting faster product decisions, stronger store economics and renewed relevance among younger consumers.