Category: Apparel

Nike Seeing “Significant” North America Reversal

Nike Inc.’s earnings in its third quarter ended February 28 came in well-ahead of Wall Street guidance while sales were slightly ahead. North American sales were down 4 percent in the period but Mark Parker, president and CEO, said the company is seeing “a significant reversal of trend in North America, as momentum accelerates through the scaling of new innovation platforms and differentiated Nike Consumer Experiences expand across the marketplace.”

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Dick’s CEO Pens Op-Ed Urging Congress To Act On Guns

In an op-ed in the Washington Post,  Ed Stack, CEO of Dick’s Sporting Goods, urged Congress to pass stricter gun laws. He wrote in part, “The majority of Americans are demanding that members of Congress take a stand and be brave enough to do their jobs.”

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