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Nike falls most in more than a year on weaker sales, job cuts

Nike falls most in more than a year on weaker sales, job cuts
spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesJohn donahoeDick sporting goods incLululemon athleta incNike incSporting goodsLululemon athletaChief financial officer matt friendGreater chinaMiddle eastExecutive officer john donahoeWall street

Nike seeks US$2 billion in savings as sales outlook weakens

Nike seeks US$2 billion in savings as sales outlook weakens
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesJohn donahoeLululemon athleta incDick sporting goods incNike incSporting goodsLululemon athletaChief financial officer matt friendGreater chinaMiddle eastExecutive officer john donahoeWall street

Nike shares fall most in more than a year on weaker sales, job cuts

Shares of Nike tumbled Friday after the sneaker maker said it will slash jobs and streamline operations in response to weaker sales.

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