As businesses look beyond traditional marketing channels to reach and influence consumers, one surprising player that has emerged is LinkedIn, with merchants extending the platform beyond B2B into B2C. Amazon, for instance, has garnered a following of 31 million on the platform. The company posts...
Nike continued its shift from direct-to-consumer (D2C) to wholesale channels over the past three months. During the quarter ended May 31, the footwear, apparel and equipment company’s Nike Direct revenues were down 8% on a reported basis, to $5.1 billion, while its wholesale revenues were...
Nike’s layoffs have reportedly impacted employees in the company’s archive that stores shoes, gear and other artifacts from the brand’s history. Some members of the small team at the Department of Nike Archives (DNA) have been laid off, Bloomberg reported Thursday (May 30). DNA was...
The CE 100 Index was up nearly 2%, capping a week that saw most pillars gain ground. DraftKings surged 13%, leading the “Have Fun” segment 2% higher for the week. As reported here, online betting firm Rush Street Interactive is considering a sale, and DraftKings...
July 01, 2024
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars. For the month of June the CE 100 […]
March 25, 2024
The CE 100 Index was up nearly 2%, capping a week that saw most pillars gain ground. DraftKings surged 13%, leading the “Have Fun” segment 2% higher for the week. ...
January 09, 2023
One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid up stocks tied to several...
December 27, 2022
The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive technology, yes. But there are...
June 27, 2024
Nike continued its shift from direct-to-consumer (D2C) to wholesale channels over the past three months. During the quarter ended May 31, the footwear, apparel and equipment company’s Nike Direct revenues were down 8% on a reported basis, to $5.1 billion, while its wholesale revenues were up 5%, reaching $7.1 billion, according to Thursday (June 27) […]
May 30, 2024
Nike’s layoffs have reportedly impacted employees in the company’s archive that stores shoes, gear and other artifacts from the brand’s history. Some members of the small team at the Department...
December 29, 2023
Companies are reportedly facing the reality of limited pricing power as demand weakens and consumers become more price sensitive. This marks a shift from recent years, when companies across various...
October 11, 2023
The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of the key factors is the...
