Arizona has pulled a $1m grant to help Nike build a new factory in a dispute over the firm's withdrawal of a trainer allegedly featuring racist symbolism. The state's governor had condemned Nike's ...
But it was unable to stay open and arrange for its workers to sleep at the factory, as was required by authorities to limit the spread of infections, according to the health ministry. Nike employs ...
Pou Sheng China Retail The company’s Pou Sheng China retail business saw its declines moderate a bit in December, after ...
It wasn't that long ago that Nike was being shamed in public for its labor practices to the point where it badly tarnished the company's image and hurt sales. The recent factory collapse in ...
In a report released today, Lorraine Hutchinson from Bank of America Securities reiterated a Buy rating on Nike (NKE – Research Report), with a ...
Nike, which sources half its footwear from the southeast Asian nation, cut its 2022 sales forecast due to factory closures there. Now, 90% to 95% of garment and textile workers have returned to ...