Norway’s Nordway’s $1.7 trillion wealth fund has endorsed a shareholder proposal urging Nike to evaluate whether binding agreements with workers could enhance
Nike stock plummeted by 20% on Friday following a surprising forecast of declining annual sales, intensifying worries among investors about the company’s
Nike, the leading sportswear maker, announces layoffs affecting approximately 740 employees at its world headquarters in Oregon. The move comes as part
Puma, the German sports apparel company, unveiled plans to significantly increase returns to shareholders, aiming to distribute up to 50% of its
Nike reveals plans to reduce its workforce by approximately 2%, equating to over 1,600 jobs, in response to declining profits observed this