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Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
Nike CEO John Donahoe acknowledged that the brand went too far when it iced out wholesalers in favor of its own stores and website. "We've corrected that. We're investing heavily with our retail ...
Bloomberg on MSN10mon
Nike Layoffs Hit Its Secret Sneaker Archive Department
(Bloomberg) -- Nike Inc. has cut some staff from its secret sneaker archives as part of a multiyear cost-cutting plan, ...
CBC.ca14d
Hudson's Bay Company nearly $1B in debt, with court filings painting dire financial portrait
Hudson's Bay Company is nearly a billion dollars in debt, according to court filings that paint a dire portrait of the struggling Canadian department store ... Kors Canada, Nike Canada and ...
Business Insider5y
Nike is reportedly considering selling off Hurley as shoppers abandon surf style. We found the brand is already hard to find in stores.
Nike is considering selling its surfwear line Hurley, sources told Reuters last week. According to people familiar with the matter, Nike is considering different options for its surfwear brand ...