As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on "newness and innovation" to win over.
As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on "newness and innovation" to win over.
Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a "softer second-half revenue outlook" on its quarterly earnings.
Udaan Layoffs: The layoffs come post-consolidation of Udaan’s two business verticals essentials and discretionary. In September, the e-commerce major announced organisational changes in an attempt to drive efficiency by merging and consolidating its essentials business with the discretionary business.