Topic
Apparel Industry
3stories
Apparel Industry
Nike Extends Turnaround Timeline, Adds Layoffs as Sales Decline
Nike has extended its turnaround timeline and is implementing additional layoffs as sales decline, according…
Oct 9
Nike Signals Fresh Layoffs as Turnaround Stalls, Revenue Outlook Sours
Reuters reports Nike is preparing additional job cuts to accelerate a turnaround it describes as sputtering,…
Oct 9
Nike Stock Drops 6.7% as 2027 Layoffs Loom After Bleak Forecast
Nike shares fell 6.7% Friday after Q1 revenue dropped 4% to $11.2B and FY27 guidance pointed to a high-single…
Oct 9
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