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Nike says 'newness' is crucial to its growth. One analyst says it's not working - Vimarsana News

Nike says 'newness' is crucial to its growth. One analyst says it's not working

As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on "newness and innovation" to win over...

Nike's Poor Outlook Signals Big Problem for Sneakers and Consumers - Vimarsana News

Nike's Poor Outlook Signals Big Problem for Sneakers and Consumers

Apparel maker Nike is seeing more caution from consumers, particularly in markets such as Europe and China.

Nike says 'newness' is crucial to its growth. One analyst says it's not working - Vimarsana News

Nike says 'newness' is crucial to its growth. One analyst says it's not working

As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on "newness and innovation" to win over...

Nike eyes $2 billion in cost cuts in effort to 'streamline' amid softer outlook - Vimarsana News

Nike eyes $2 billion in cost cuts in effort to 'streamline' amid softer outlook

Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a "softer second-half revenue outlook" on its quarterly earnings...

Exclusive: Udaan fires 100-120 employees post-restructuring biz verticals, ET Retail - Vimarsana News

Exclusive: Udaan fires 100-120 employees post-restructuring biz verticals, ET Retail

Udaan Layoffs: The layoffs come post-consolidation of Udaan’s two business verticals essentials and discretionary. In September, the e-commerce major announced organisational changes in an attempt to drive efficiency by merging and consolidating its essentials business with the discretionary business.