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Nike and Adidas have long dominated the global sportswear market, but Swiss sneaker company On is quickly gaining ground.
The sportswear industry has low barriers to entry, so competition could intensify and Topsports’ key suppliers (Nike and Adidas) might lose market share as a result. China stands out as one of ...
Attributed to what has been a constant need to revamp its product line, Nike is dealing with increased competition outside of Adidas from the likes of Under Armour UAA and New Balance.
Nike announced it will increase prices between $2 and $10, depending on the product, with the added costs starting June 1, ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times. Nike Inc. has finally found its Samba.
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.
The key footwear and clothing manufacturing hub of Vietnam faces the threat of a steep 46% tariff returning in July.
Adidas ADS3.64%increase; green up pointing triangle is targeting continued sales growth and market-share gains this year, as arch-rival Nike NKE-1.04%decrease; red down pointing triangle seeks a ...