Articles for : Direct-to-consumer
China
ECONOMY
Nike's Stock Falls Below $50 Amidst Weak Sales and Disappointing Outlook
Short summary
Nike's stock dips below $50 due to weak sales in China and a grim outlook, stirring investor concerns.
United States
ECONOMY
Allbirds Acquired Amid Financial Struggles and Store Closures
Short summary
Footwear brand Allbirds, struggling with its business model, has been acquired by American Exchange Group after closing all its US stores.