Nike
This coverage examines Nike’s strategy and performance within the UK retail and sportswear market, focusing on store operations, product innovation, marketing campaigns, sponsorship deals, and leadership decisions. Reporting provides insight into how Nike drives consumer engagement, addresses sustainability challenges, and navigates competitive pressures — offering valuable context for executives, managers, and professionals in sportswear, retail operations, and brand leadership.
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Jul- 2022 -13 JulyEntertainment
Lego ‘indefinitely’ halts operations in Russia
Lego will cease its commercial operations in Russia after previously pausing shipments to the country back in March. In a statement to Retail Sector, a spokesperson said: “The LEGO Group paused shipments to Russia in March. Given the continued extensive disruption in the operating environment, we have decided to indefinitely…
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4 JulyOnline & Digital
World’s first community-owned e-commerce platform launches
WeShop, a new service that claims to be the world’s first community-owned e-commerce platform, has launched as the “first shoppable social network” that allows customers to purchase everyday items whilst owning a stake in the platform. The UK tech firm has pledged to give away shares in the company every…
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Jun- 2022 -27 JuneClothing & Shoes
JD Sports opens Gateshead flagship store
JD Sports has opened its latest flagship store at Gateshead’s Metrocentre on 25 June. The store is 18,000 square feet and has over 40 brands, including Nike, Adidas and The North Face, and JD Sports offered shoppers the chance to customise a pair of trainers, purchased in-store, for free at…
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23 JuneClothing & Shoes
Nike to quit Russia after Ukraine invasion
Sportswear brand Nike has revealed it will fully pull out of Russia three months after suspending its business in the country due to the Ukraine war. It said it will scale down its operations in Russia over the “coming months”, having announced a temporary suspension on 3 March. It marks…
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7 JunePeople Moves
Sportsshoes.com appoints former In The Style chief as CTO
Online running shoes, running clothing and outdoor gear retailer SportsShoes.com has hired a former chief technology officer (CTO) of online fashion retailer In The Style. Jon Cleaver has joined the £92m turnover business as CTO to continually enhance SportsShoes.com’s online customer and athlete experience. He has also previously held CTO…
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May- 2022 -26 MayHigh Street
Nike to consider exiting Russia after not renewing main franchise deal
Nike is reportedly considering exiting Russia permanently after not renewing its franchise agreement. According to reports first revealed by The Vedomosti Daily, the news comes after the sports giant didn’t renew its agreement with Inventive Retail Group, which owns Russia’s largest chain of retail stores. IRG president Tikhon Smykov reportedly…
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25 MayHealth & Beauty
Glossier CEO to step down
Glossier has announced that its founder and chief executive officer (CEO), Emily Weiss, will step down as CEO, a role she has held since 2014. Subsequently, Weiss will become an executive chairwoman of the company to focus on supporting the business’ leaders of creative, brand, product and retail. In her…
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16 MayAdvice
The Metaverse: The next retail frontier
The metaverse has burst onto the scene as the next big thing, with Meta CEO Mark Zuckerberg dubbing it the “successor to the mobile internet”. So, what is the metaverse exactly? It’s a group of 3D virtual worlds, built by multiple entities, focused on social connections, that merges both physical…
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Apr- 2022 -22 AprilLuxury Goods
Cheshire Oaks and Swindon designer outlets sold for £600m
LaSalle Investment Management, the global real estate investment manager, has acquired McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon for a total sum of £600m from Nuveen Real Estate. The investment was made through LaSalle’s growing Value-Add Investments business line. However, the assets will continue to be managed…
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Mar- 2022 -23 MarchClothing & Shoes
Nike Q3 revenues hit $10.9bn as traffic returns
Nike, Inc. has reported its revenues rose 5% year-on-year from $10.35bn (£7.83bn) to $10.9bn (£8.24bn) in the third quarter (Q3) of FY22, following the “steady normalisation” of traffic in owned physical retail, with Nike owned stores up 14%. Revenues for the Nike Brand were up 8% year-on-year to $10.3bn (£7.79bn),…
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