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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Jun- 2024 -4 JuneClothing & Shoes
WIT Fitness to relaunch with founders amid Frasers partnership
WIT Fitness is set to relaunch with its original founders, having been acquired by Frasers Group in January 2024.Following the acquisition, founders Sam Kitching and Daniel Williams will lead WIT in partnership with Frasers Group. Frasers said the return of the founders will “help restore the WIT brand and reconnect…
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Mar- 2024 -22 MarchNews
Today’s news in brief-22/3/24
In February, UK retail sales stagnated at 0.0%, down from 3.6% the previous month, largely due to inclement weather dampening in-store purchases. While online sales, especially for clothing, saw growth, physical stores, particularly food and fuel retailers, experienced declines. This trend was attributed to the release of new seasonal collections,…
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22 MarchSport & Leisure
Nike revenues hit $12.4bn in Q3
Nike Inc. has revealed that its third quarter revenues slightly increased on both a reported and currency-neutral basis to $12.4bn (£9.85bn). It comes as it reported revenues for the Nike Brand of $11.9bn, up 2% on a reported and currency-neutral basis, as currency-neutral growth in North America, Greater China and…
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1 MarchFeatures
Five ways to enhance in-store experience
Customers’ in-store experiences are thought to act as triggers for their purchasing decisions. Therefore, developing a genuinely distinctive retail customer experience could be the difference between getting new customers and slipping into the background in a highly competitive industry like retail. Consumers today seek for remarkable experiences rather than just…
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Feb- 2024 -26 FebruaryClothing & Shoes
Frasers appoints four new directors
Frasers Group has announced the appointment of four new directors to its board. David Al-Mudallal, chief operating officer at Frasers and Ger Wright, managing director of Sports, have joined the board as executive directors following their “significant contribution” to Frasers Group in their existing roles. Al-Mudallal joined the group in…
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19 FebruaryNews
Today’s news in brief-19/2/24
Nike has announced plans to cut 1,600 jobs, approximately 2% of its workforce, in response to disappointing sales figures in the latter half of 2023. This move comes as the company seeks to streamline operations and focus on key growth areas, such as running, women’s apparel, and the Jordan brand.…
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19 FebruaryClothing & Shoes
Nike to cut 1,600 jobs in cost trimming measure
Nike is set to cut 1,600 jobs, around 2% of its workforce, in an attempt to trim its costs after worse than expected sales in the second half of 2023. In an internal email seen by The Wall Street Journal the company stated it would use its resources to increase…
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1 FebruaryNews
Angel Central sales jump 16% in 2023
Islington destination Angel Central finished 2023 on a high, reporting a sales increase of 16% compared with 2022. The destination also had an increase in footfall of 6.4% compared to the national average of 2.9%, and transactions rose by 4%. The success comes as OFFICE, the fashion footwear specialist, recently…
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Jan- 2024 -24 JanuaryShopping Centres
Manchester Arndale to secure more leasing transactions in 2024
Manchester Arndale shopping centre is set to add to its retail, leisure and eatery line-up this year, following a successful 2023 that saw footfall grow by 6.3%. During the past 12 months, joint asset managers M&G Real Estate and Global Mutual secured over 106,042 sq ft of leasing transactions which…
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23 JanuaryNews
Merry Hill signs 65 new leases in 2023
Retail and leisure destination Merry Hill has completed 65 leasing deals covering more than 330,000 sq ft in 2023. The destination also increased its sales – 2023 exceeding 2022 by 7%, and December up 6.5% year-on-year – while footfall rose by 9.4% in the 12 month period. In total, the…
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