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Nike's overall positive performance involved strong results from its digital and direct-to-consumer (DTC) businesses: The company's direct sales were $4.6 billion, up 15% from a reported basis and ...
C&S Wholesale Grocers, LLC is a national wholesale grocery supply company in the United States, based in Keene, New Hampshire. In 2021 it was the eighth-largest privately held company in the United States, as listed by Forbes. [ 3] C&S operates and supports corporate grocery stores and serves independent franchisees under a chain-style model ...
Payless ShoeSource Worldwide, LLC[ 3] (formerly known as Payless ShoeSource Inc. ), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation ...
Team Sweat is "an international coalition of consumers, investors, and workers committed to ending the injustices in Nike’s sweatshops around the world" founded in 2000 by Jim Keady. While Keady was researching Nike at St. John’s University, the school signed a $3.5 million deal with Nike, forcing all athletes and coaches to endorse Nike.
Digital sales climbed more than 30% in Greater China, while sales in the region, its fastest-growing segment, fell 5% due to the store closures in the reported quarter.
In the most recent quarter, Nike saw revenue in Greater China at $1.74 billion. Analysts had expected the segment to show $1.83 billion in sales, according to Bloomberg consensus data.
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