Nike shares tumble on unexpected forecast for sales decline
Sportswear group’s softer than anticipated outlook stirs concerns about multiyear turnaround plan
Sportswear group’s softer than anticipated outlook stirs concerns about multiyear turnaround plan

Sportswear group says latest earnings numbers reflect financial effects from corporate turnaround programme

UK retailer is trying to steady itself after exit of chair following a boardroom clash

Buyers stayed away during the crucial annual buying period amid pessimism over geopolitical tensions and the global economy

CEO of sports shoe and apparel maker acknowledges need for a ‘reset’ in the country as it also navigates Trump tariffs

German sportswear maker missed out on retro sneaker trend that benefited Adidas

CEO describes decision as ‘painful’ and admits sportswear group is ‘trailing behind its competition’