Nike’s Turnaround Hits Fresh Roadblocks as JPMorgan Flags $1B China Hit
JPMorgan cuts Nike’s rating, warning that China issues, weak sales, and slow recovery may hurt profits through 2028.
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Nike Overhauls China Strategy: Ending Third-Party Online Sales in 2027
Starting 2027, Nike will sell only through its own online channels in China. Move aims to reduce fragmentation but raises risks, say analysts.
Nike Beats Q4 Estimates But Shares Slide on Cautious Outlook and China Weakness
Nike beat earnings and revenue but outlook was weak; stock fell as China and direct sales declined despite tariff boost.
Turnaround Doubts Grow: Evercore Cuts Nike to In Line, Warns on Wholesale Resets and FY27 Outlook
Latest downgrade highlights execution risks and questions the pace of Nike’s multi-year turnaround.
On Holding Smashes Q1 2026 Records: Asia Booms & Raises Profit Outlook
On posts record Q1 2026 sales (CHF 831.9M), strong profit growth, Asia surge, and raises outlook despite tariffs.
Lululemon Names Former Nike Executive Heidi O'Neill as New CEO
Lululemon hires ex-Nike exec Heidi O’Neill as CEO to revive US sales after decline, rising competition, and slowing growth.