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Nike is returning to Amazon after an absence of more than five years and hiking prices on some products as its new CEO works to reverse a revenue slump.
Nike will once again sell its products directly on Amazon (NASDAQ:AMZN), marking a return to the e-commerce platform after ending a previous partnership in 2019.
Today’s Forbes Daily newsletter covers shooting at the Jewish Museum, Target’s missed expectations, a new TikTok scam, Niantic’s pivot to AI, crypto’s rally and more.
Nike reportedly is hiking prices by as much as 7%, according to various media reports, though the apparel maker is not tying the cost increases directly to tariffs. CNBC and Footwear News reported ...
Snowflake ( SNOW -1.96%) surged over 9% in pre-market trading following a strong outlook for sales, with product revenue ...
Ackman is still betting on Nike's recovery, but he's minimizing his risk. He sees Uber as a contrarian bet, but the low valuation made it compelling. Investors love to see what billionaire hedge fund ...
Nike shares are trading higher in Wednesday's after-hours session following a report that the company will sell on Amazon.com ...
Nike is raising prices on a range of merchandise as it braces for tariffs to hit its profits and tries to carry out a ...
RBC Capital analyst Piral Dadhania lowered his price target for NIKE, Inc. (NYSE:NKE) from $66 to $65, while maintaining a ...
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We came across a bullish thesis on NIKE, Inc. (NKE) on Value Investing Subreddit Page by Any_Chocolate6194. In this article, ...
The job cuts are happening as Nike struggles to negotiate a turnaround complicated by President Trump's tariff campaign and a ...
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