Nike Reports Surprise Revenue Rise as Hill’s Turnaround Effort Takes Root
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September 30, 2025September 30, 2025FASHION

Nike Reports Surprise Revenue Rise as Hill’s Turnaround Effort Takes Root

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Nike on Tuesday reported a surprise rise in first-quarter revenue and beat expectations for quarterly profit as the sportswear giant rebuilds its presence at wholesalers and CEO Elliott Hill’s turnaround efforts take hold. But executives offered cautious comments about the pace of improvement. Shares rose 1.5 percent. “Nike beat the low bar set for EPS...

US
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September 27, 2025September 27, 2025FASHION

US’ Stitch Fix Q4 revenue falls 2.6% but grows on adjusted basis

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American online personal styling service Stitch Fix Inc has reported net revenue of $311.2 million in the fourth quarter (Q4) of fiscal 2025 (FY25) ended August 2, down 2.6 per cent year-over-year (YoY). Adjusting for the impact of the extra week in Q4 FY24 of $21.6 million, net revenue increased 4.4 per cent YoY. Active...