Carbon tech racing shoes have made it easy to break records. Ahead of three big marathons, Lounge tried out two trending pairs of shoes to find out how they deliver on the road
5 min read14 Apr 2025The world’s largest footwear and apparel companies, like Nike and Gap are facing a shock to their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production hubs.
3 min read3 Apr 2025Nike share price: Nike shares have declined in the session after earnings for six straight quarters. The stock is down more than 60 per cent from its record high mark.
3 min read21 Mar 2025Sportswear major Nike is set to launch its NikeSkims range. While its past deals with fashion labels have been let-downs, this one could help the company achieve the turnaround it so badly needs.
4 min read24 Feb 2025One shoe has dropped: New CEO Eliott Hill plans to revive this brand known for its ‘swoosh’ and ‘Just do it’ slogan. But Nike’s challenges are steep, retail relations need a patch-up and the sportswear company’s real test lies ahead.
4 min read25 Dec 2024The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.
4 min read19 Dec 2024Businesses that sell a range of products from IKEA sofas to Air Jordan sneakers have said in recent weeks that they have lowered prices this year.
3 min read11 Oct 2024The apparel giant’s new CEO might have to lower expectations further before starting a turnaround.
3 min read2 Oct 2024Nike Inc. withdrew its full-year guidance after sales missed estimates, underscoring the challenge that incoming Chief Executive Officer Elliott Hill will face when he takes the reins later this month.
4 min read2 Oct 2024NIKE-RESULTS/ (UPDATE 5, PIX):UPDATE 5-Nike withdraws annual forecast, signals weak holiday season
3 min read2 Oct 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared