Instagram/Nike Women Have we hit peak activewear? There are several signs that the brands that have been long-hailed has invincible to the challenges in the retail sphere may be headed for trouble. Nike, a $32.4 billion behemoth, faced what Morgan Stanley called "headwinds [that] are strengthening" its most recent quarter. The company was saddled with a few core problems, namely excess inventory. The company acknowledged that ridding itself of excess inventory had a negative impact on the co...
Nike and Under Armour are facing unexpected headwinds -- and the battle could get even worse
Business Insider - 31 Jul 2016 05:08
Instagram/Nike Women Have we hit peak activewear? There are several signs that the brands that have been long-hailed has invincible to the challenges in the retail sphere may be headed for trouble. Nike, a $32.4 billion behemoth, faced what Morgan Stanley called "headwinds [that] are strengthening" its most recent quarter. The company was saddled with a few core problems, namely excess inventory. The company acknowledged that ridding itself of excess inventory had a negative impact on the co...
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