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In an otherwise tough sales climate industry-wide, the Katy, Texas-based retail said its apparel and footwear categories produced gains. Academy Sports + Outdoors Sustains Profit Momentum Amid ...
Nike brand revenue dropped 10% to $11.1 billion, while Converse sales decreased by 15% to $501 million. By selling channel, Nike direct revenue fell 13% to $4.7 billion, and wholesale revenue ...
NEW YORK (AP) — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for new sneaker models and other products.
NIKE (NKE) Q4 results reflect gains from resumed store operations and sporting activities. Continued momentum in the digital business and brand demand also significantly aid results.
Academy Sports + Outdoors came into existence in 1938, [5] when Arthur Gochman and his business partner purchased Southern Sales, a San Antonio-based Army-Navy surplus chain comprising six stores that were by that year no longer making any profit. At the time, Gochman was a practicing attorney in San Antonio.
Nike, originally known as Blue Ribbon Sports (BRS), was founded by University of Oregon track athlete Phil Knight and his coach, Bill Bowerman, on January 25, 1964. [16] The company initially operated in Eugene, Oregon as a distributor for Japanese shoemaker Onitsuka Tiger, making most sales at track meets out of Knight's automobile. [16]