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1 week ago | 
today.westlaw.com | Lisa Shumaker |Nicholas Brown
(Reuters) - Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions paltry recoveries on debts owed by the bankrupt fast fashion retailer, a lawyer for the company's unsecured...
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2 weeks ago | 
bilyonaryo.com | Helen Reid |Nicholas Brown
SOURCE: ReutersBrands forced to absorb tariff cost or hike prices by 40%Businesses freeze salaries and hiring, cut sales forecastsSmall businesses don’t have time to wait for trade dealBy Helen Reid and Nicholas P. BrownLONDON/NEW YORK, April 8 (Reuters) – Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China.
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3 weeks ago | 
japantimes.co.jp | Nicholas Brown |Helen Reid
Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on imports from Vietnam. On Wednesday, U.S. President Donald Trump is expected to announce which countries and products he will target with a new round of tariffs aimed at encouraging domestic production and coaxing other nations to buy more U.S. goods. Vietnam, which runs a $123.5 billion trade surplus with the United States, is a prime target.
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3 weeks ago | 
msn.com | Nicholas Brown |Helen Reid
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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3 weeks ago | 
bilyonaryo.com | Nicholas Brown |Helen Reid
SOURCE: ReutersNike, Adidas and rivals heavily rely on Vietnam for productionHalf of Nike’s footwear is made in VietnamPotential tariffs could force price hikes, derail sales recoveryVietnam’s efforts may mitigate tariff impactsBy Nicholas P. Brown and Helen ReidNEW YORK/LONDON, April 1 (Reuters) – Nike NKE.N could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on imports from Vietnam.
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1 month ago | 
msn.com | Ananya Mariam Rajesh |Nicholas Brown
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
msn.com | Ananya Mariam Rajesh |Nicholas Brown
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
ca.finance.yahoo.com | Ananya Mariam Rajesh |Nicholas Brown
(Reuters) -Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have defected to trendier rivals. Shares of the leading shoe and apparel brand dropped in after-hours trade following Nike's third-quarter earnings call, in which Chief Financial Officer Matthew Friend said he expects fourth-quarter revenue to decline in the mid-teens percentage range.
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1 month ago | 
streetinsider.com | Ananya Mariam Rajesh |Nicholas Brown
By Ananya Mariam Rajesh and Nicholas P. Brown (Reuters) -Nike on Thursday forecast a steeper drop in fourth-quarter revenue than currently expected, with the leading shoe and sports apparel company striking a cautious tone as it works to rekindle interest among consumers who have defected to trendier rivals.
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1 month ago | 
bdnews24.com | Nicholas Brown |Ananya Mariam Rajesh
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to snap up non-essential items like sporting goods and clothing.
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, according to market intelligence firm Sensor Tower. Foot traffic at Nike stores was down 11%, according to data compiled by Raymond James.
