Wholesale was down 15%. EBIT declined 27% on a reported basis. In Q2, we experienced another quarter of retail traffic declines in a difficult macro environment. This quarter also required higher markdown activity to drive sell-through and inventory velocity, which negatively affected gross margins...
However, with a consistent pressure on saving environment from NGOs & environmentalists, Nike is always under the scanner for its processes. Ban on leather, deforestation, climate change policies from governments can hamper the business of even a multinational like Nike....
Since 2010, more than 7 billion plastic bottles have been diverted from landfills for Nike products, unquestionably having a positive effect on the environment. Recycled polyester reduces waste and carbon emissions by 30% compared to virgin polyester. Another innovation listed on the sustainability page...
Nike is anamazing successstory in the area of sportswear evolving from a one-person sales company into a global sportswear and apparel brand. Itshigh profileputs itself in the scrutiny of the public who are concerned about the negative impact of fashion on the environment, carbon emissions, and...
This record is regarded as one of the biggest human achievements in athletics, and Nike played a critical role. Equality In today’s divisive world, equality and inclusion are fundamental pillars in any company and workplace. Nike is committed to fostering an environment where respect, inclusion,...
“Our results this quarter continue to demonstrate NIKE’s full competitive advantage, as we strengthen our position in the midst of disruption,” said John Donahoe, President and CEO, NIKE, Inc. “In this dynamic environment, no one can ma...
Nike’s business environment presents opportunities and threats, categorized based on the PESTEL dimensions (political; economic; social or sociocultural; technological; environmental or ecological; and legal). Thus, this PESTEL analysis is an external analysis of the footwear, apparel, and equipment ...
“Our Q2 results demonstrated how we are getting back on our front foot in our key areas of innovation and growth,” said John Donahoe, President & CEO. “Today we are embracing a company-wide journey to invest in our areas of greatest potential, increase the pace of our inn...
Politicization of corporations and their environment: Corporations’ social license to operate in a polarized and mediatized society 2021, Public Relations Review Citation Excerpt : In this body of literature, CPA and political CSR are the most dominant perspectives (Den Hond et al., 2014). More...
Collaborating with business partners on remediation plans. + Establish and maintain strong relationships with corporate and brand functions + Use data analytics to enhance effectiveness and efficiency of audit projects and to identify improvement opportunities. + Evaluate internal control environment a...