Nike

Anta Sports China Li Ning Nike Retail

June 28, 2022

Nike has downplayed its quarterly revenue forecasts after its most profitable market, China, is battered by pandemic disruptions. The sportswear giant’s shares tumbled 3% to $107 as trading started. Experts…

Nike becomes next big-name brand to pull out from Russia

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June 23, 2022

Nike has announced it will fully withdraw from Russia in the wake of the country’s invasion of Ukraine after suspending its business operations in the country in March. The move…

Gopuff offers employees fuel discounts as orders soar 10x since launch

Delivery News

Apple Collective Benefits Currys Delivery drink food Gopuff grocery HALFORDS Nike

June 15, 2022

Jasdip Sensi

Grocery delivery service Gopuff has partnered with Collective Benefits to offer a series of perks for UK delivery partners and store team members. The partnership gives employees access to discounted…

Adidas sues Nike for technology infringement

Adidas Nike Proprietary athletic technology

June 14, 2022

Isabel Cameron

Adidas has filed a legal complaint against Nike in a Texas district Court, claiming it “knowingly and intentionally” infringed on nine patents related to Adidas’ proprietary athletic technology. The lawsuit…

StockX hits out at Nike over claims it sells counterfeit shoes

Cryptokicks NFT Nike sneakers StockX StockX Nike Trainers

June 8, 2022

Online resale marketplace StockX has responded to claims from the world’s biggest sports retailer Nike that it allows the sale of counterfeit shoes on its platform. StockX defended its anti-counterfeiting…

Nike tech workers call out ‘inept’ leadership and ‘never-ending reorganisation’

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June 1, 2022

Nike’s tech employees have called out the ‘inept’ leadership and ‘never-ending reorganisation’ at the company as the company suffers a talent drain. Around 300 employees in Nike’s global-technology division responded…

Walmart pipped Amazon as retailer who took home the most in revenue in 2021

Companies Ecommerce News

Amazon Boots CVS ecommerce GlobalData Nike Retail Sainsbury's Tesco Walgreens Walmart

May 27, 2022

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Walmart pipped Amazon as the retailer who took home the most in revenue last year, according to GlobalData. The big-box retail giant recorded $572.8 billion in revenue, beating Jeff Bezos’…

Mountain Warehouse unveils new online marketplace

Marketplaces News

May 25, 2022

Isabel Cameron

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Mountain Warehouse has launched a marketplace via its website, which will act as a “one-stop-shop” for all outdoor clothing and equipment across a range of brands. The Mountain Warehouse Marketplace,…

The DTC decision: 5 brands that have switched to a direct-to-consumer model

Analysis Features

May 11, 2022