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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May- 2025 -27 MayHigh Street
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 1% since before the pandemic, according to data from Savills. Savills attributed this to an undersupply of quality vacant space, noting that good quality retail space has become “increasingly constrained”.…
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20 MayClothing & Shoes
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 the retailer explained that the company is set to move some of its work in its technology arm to third-party vendors. However, it was not specified how many employees are…
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Apr- 2025 -17 AprilHealth & Beauty
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 of the board on 31 May 2025, in order to join Ulta Beauty as a chief merchandising and digital officer. Upon Brindley’s departure at the end of May, Colin Henry…
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Mar- 2025 -21 MarchNews-In-Brief
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 Manchester-based company, known for its celebrity-inspired high street fashion, had reached a peak valuation of £105m in 2021 following its AIM listing. However, financial struggles, including significant debt and cash…
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21 MarchClothing & Shoes
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 $10.9bn (£8.4bn), down 9% on a reported basis and down 6% on a currency-neutral basis, driven by declines across all geographies. Meanwhile, direct revenues dropped 12% to $4.7bn (£3.8bn) on…
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20 MarchNews-In-Brief
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 lost, according to the Office for National Statistics (ONS). The latest data reveals a decline to 2.84 million retail jobs, marking a reduction of 70,000 compared to the previous year.…
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20 MarchClothing & Shoes
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 the prior year. In the year ended 25 January 2025, total revenues rose by 9.4% to £349.5m, up from £319.5m in FY24, as the group welcomed its “best-ever financial performance”.…
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Feb- 2025 -5 FebruaryOnline & Digital
Very Group ends HSBC relationship after 10 years
The Very Group has cut ties with HSBC, the bank which ran its customer loan portfolio worth around £1.8bn, according to reports from The Times. The online retailer has instead handed over responsibility of the securitisation of its buy now, pay later offer, to Natwest. Very provides finance options for…
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Jan- 2025 -14 JanuaryNews-In-Brief
Today’s news in brief-14/1/25
JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market conditions during the holiday season. Sales in the nine weeks to January 4 dipped 1.5%, though December saw a 1.5% rise in like-for-like sales. Organic revenue grew 3.4%, driven by…
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14 JanuaryNews
The Very Group sales rise 2.3% in run-up to Christmas
The Very Group retail sales rose 2.3% year-on-year during the seven weeks to 27 December 2024. Excluding Nike, Very UK and Group retail sales grew by 4.5% and 2.8% year-on-year respectively. Across this period, the home and beauty category jumped 15% YoY, toys, gifts and beauty increased 7.3%, meanwhile fashion…
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