Nike/page/3 news and trends

Nike Rehires Veteran Exec Tom Peddie to Reignite Retail Relationships
Personnel // July 09, 2024

Nike tapped retired executive Tom Peddie to boost its retail partnerships. “Tom spent many years at Nike leading global sales before becoming the general manager of emerging markets, and then heading up the North America geography,” the company said in a statement provided to PYMNTS...

Retail Brands Use Media Partnerships to Drive Engagement
Retail // July 08, 2024

Retail brands are using media partnerships in creative ways to drive engagement, reaching consumers at more parts of their day-to-day routines. Take, for instance, insect repellant brand Off. The company earlier this month announced a partnership with The Weather Channel to provide an “OFF!Cast Mosquito...

Food, Packaged Goods Firms Boost Promotions Amid Consumer Caution
Retail // July 07, 2024

After years of steady price increases, food and packaged goods manufacturers and retailers are reportedly offering more discounts in both the United States and Europe. In the U.S., in the 12 months ending in June, 28.6% of products were sold with promotions such as discounts, coupons...

FedEx’s Performance Saves the CE 100 Index From Decline as Nike Disappoints
Connected Economy // 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...

Interviews & Exclusives
FedEx’s Performance Saves the CE 100 Index From Decline as Nike Disappoints

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 […]

DraftKings, FedEx Lead CE 100 Index Gains

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. ...

CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge

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...

CE 100 Index Slips 2.3% as Tesla Shares Continue Skid

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...

Quick Reads
Paris Olympics Draws 18% More Sponsor Spending Than 2021

July 12, 2024
U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Event sponsors have spent 18% more on the upcoming Olympics than they spent on the 2021 summer Olympics, Reuters reported Friday (July 12), citing Comcast’s NBCUniversal. Detailing the ways U.S. firms are using the event to try to boost their sales, […]

Nike Rehires Veteran Exec Tom Peddie to Reignite Retail Relationships

July 09, 2024
Nike tapped retired executive Tom Peddie to boost its retail partnerships. “Tom spent many years at Nike leading global sales before becoming the general manager of emerging markets, and then...

Food, Packaged Goods Firms Boost Promotions Amid Consumer Caution

July 07, 2024
After years of steady price increases, food and packaged goods manufacturers and retailers are reportedly offering more discounts in both the United States and Europe. In the U.S., in the 12...

Nike Reports Continued Channel Shift From D2C to Wholesale

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...