SGB Executive Sports & Fitness

EXEC: Giant Group Sees Much Improved Q2 Revenue Trend

Second-quarter revenues were down 5.6 percent to NT$21.17 billion, an improvement from the 20.3 percent sales decline in the first quarter of this year and the 16.0 percent decline in the second quarter of last year.

EXEC: Tom Peddie Returns to Nike as VP of Marketplace Partners

Executive search firm MacGregor Black noted the reappointment on Tuesday morning on LinkedIn, saying that the “move comes as the iconic sports brand looks to enhance its relationships with existing retailers such as Foot Locker.”

EXEC: Wall Street Analysts Downgrade Nike as Competitors Gain Heat

Nike’s move to slash its sales forecast for the year ahead resulted in downgrades from UBS, Stifel, JPMorgan, and Morgan Stanley. Some analysts cited opportunities for Adidas, Lululemon, Hoka, On, and other competitors to gain shelf space as Nike’s overreliance on lifestyle offerings and innovation struggles continue.

EXEC: Nike Hit By Analyst Estimate Cuts Ahead of Earnings Report

Ahead of Nike’s quarterly report next week, several analysts reduced their EPS targets for Nike’s fiscal year ended May 31, 2025, on weaker-than-expected sales in the first half of the current fiscal year and concerns about how quickly investments the company has made in innovations will take hold.