NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2023 fourth quarter and full year ended May 31, 2023. Full year reported revenues were $51.2 billion, up 10 percent compared to prior year and up 16 percent on a currency-neutral basis* Fourth quarter reported revenues were...
investors.nike.com
Nike, adidas & Puma are some of the largest sports- & footwear brands, but which company generates the highest annual sales?
www.statista.com
Nike's brand value and the brand value of adidas are some of the industry's highest, however, the gap in net worth between both brands has grown noticeably.
www.statista.com
Nike is known for its iconic swoosh logo and innovative designs. Learn more about Nike's performance and the secrets to the company's success.
www.investing.com
So I’ll say this again, they’ve hit a slump & it’s particularly due to the emergence of Hoka, On, & the re-emergence of NB who’ve done a great job in rebranding themselves. Reebok is also rebranding itself. Nike’s biggest error was underestimating certain silhouettes and also cutting back the usage of 3rd party retailers. It was known that when the Olympics came around, they were going to use that as a complete showcase providing future designs, along w/ showcasing future endeavors. They’ll be just fine, & they r still far and above outpacing the competition & it’s not close.
But I’ll let the few in the peanut gallery believe in Santa Claus, and My Lil Ponies. However, this thread is also making me re-think my interactions on this board moving fwd.