Nike

Nike posts lowest sales in years as it warns of $1bn tariff hit

Nike has seen fourth quarter revenues fall by 11% to $11.1bn (£8.08bn), its lowest sales figure since Q3 in 2022,…

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JD Sports to open its largest store at Trafford Centre

JD Sports is set to open its biggest store globally at Manchester’s Trafford Centre on Saturday 7 June, following a…

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Nike appoints Michael Gonda as executive VP and CCO

Nike has announced that it has appointed Michael Gonda executive vice president and chief communications officer of Nike, effective 7…

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Oxford Street vacancies drop below pre-pandemic levels

The rate of vacancies on Oxford Street in London has fallen to 0.5%, the first time it has fallen below…

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Nike to axe jobs in technology division

Nike is downsizing its technology division and laying off some of its employees, according to Bloomberg News. A representative from…

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Revolution Beauty CEO to step down and join Ulta as merchandise boss

Revolution Beauty has announced that chief executive Lauren Brindley will be stepping down from her role and as a member…

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Today’s news in brief-21/3/25

In The Style has been rescued from administration through a pre-pack sale to Alps Sourcing Limited, saving 87 jobs. The…

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Nike revenues drop 9% to $11.3bn in Q3

Nike has reported a 9% revenues drop to $11.3bn (£9.1bn) during the third quarter ended 28 February.  Brand revenues were…

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Today’s news in brief-20/3/25

The UK retail sector has faced significant challenges over the past five years, with a quarter of a million jobs…

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Footasylum profits soar by 188% in ‘record’ year of growth

Footasylum has welcomed a year of “record” profits and sales, with pre-tax soaring by 188% to £17.2m, up from £6m…

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