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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Mar- 2023 -22 MarchSport & Leisure
Nike Q3 revenues up 14% to $12.4bn
Sportswear brand Nike has announced that its Q3 revenues increased 14% to $12.4bn (£10bn) for the three months ended 28 February 2023. It stated that Nike Direct sales were $5.3bn (£4.3bn), up 17% on a reported basis and up 22% on a currency-neutral basis. Alongside this Nike brand digital sales…
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Feb- 2023 -13 FebruarySport & Leisure
Castore in $200m fundraising talks in bid to rival Nike and Adidas
Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete with sportswear giants Nike and Adidas. According to Sky News, Castore has appointed Rothschild to advise the process and secure a significant capital injection. Initial talks with prospective investors have…
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Dec- 2022 -21 DecemberClothing & Shoes
Nike Q2 revenues surge 17% to $13.3bn
Nike saw its revenues reach $13.3bn (£10.9bn) during the second quarter ended 30 November 2022, which is an increase of 17% compared to the prior year and an increase of 27% on a currency-neutral basis. In addition, the sportswear giant’s direct sales increased by 16%, reaching $5.4bn (£4.4bn), while its…
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Sep- 2022 -30 SeptemberHigh Street
JD Sports and Nike announce connected partnership
JD Sports has announced that it has been selected as Nike’s first European retail partner for its connected partnership, designed to “enhance the shopping experience of customers through access to an additional range of Nike member-exclusive products and experiences”. Nike’s connected partnership offers JD’s customers, starting in the UK, access…
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8 SeptemberShopping Centres
JD Sports to open new store in Birmingham’s Bullring centre
JD Sports is set to double its presence in Bullring and Grand Central, Birmingham, as it looks to drive customer engagement through events, pop-ups and collaborations. Hammerson, a real estate investment firm, said the expansion is a “clear signal of the destination’s strength as well as a firm commitment to…
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Aug- 2022 -10 AugustAnalysis
JD Sports and the Footasylum merger saga – what went wrong?
Following JD Sports’ acquisition of Footasylum for £91.1m in March 2019, The Competition and Markets Authority (CMA), a non-ministerial government department responsible for strengthening business competition and reducing anti-competitive activities, announced it had launched an investigation into the deal on 24 July 2019, citing that it would examine whether the…
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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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