Nike
Nike plans to cut thousands of online distributors in China
Nike said the broad distribution network expanded access but also led to inconsistent pricing and brand presentation across online marketplace.
Aiko Gao Ishida · · 1 min read
Nike quietly sells NFT unit as digital collectibles slump
The move aligns with CEO Elliott Hill’s strategy to refocus on Nike’s core sports business and wholesale partnerships.
Aiko Gao Ishida · · 2 min read
Nike returns to Amazon with direct sales after six years
The company cut ties with Amazon in 2019 to focus on direct-to-consumer sales and fight counterfeits.
Naomi Li Gan · · 3 min read
Nike cuts some tech division jobs
The company did not disclose the exact number of employees affected by the layoffs.
Diya Lal · · 2 min readNike sued over closure of crypto business
The plaintiffs are seeking damages over US$5 million for alleged violations of consumer protection laws.
Aiko Gao Ishida · · 3 min readUS tariffs on Vietnam could hit Nike, Adidas hard
Current US tariffs on Vietnamese footwear average 13.6%, while apparel faces an 18.8% rate.
Diya Lal · · 1 min readHere’s Opening Bell 🔔: your stock market fix to start the week
Opening Bell 🔔 is Tech in Asia’s free newsletter, which brings you the biggest news and latest trends around publicly listed Asian tech companies.
Shravanth Vijayakumar · · 6 min readWhy Grab bought Jaya Grocer; how NFTs can be the future of O2O commerce
The Checkout is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in ecommerce.
Tay Tian Wen · · 6 min readShopee: the late bird that gets the worm?
The Checkout is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in ecommerce.
Thu Huong Le · · 6 min readSequoia’s Surge leads $1.3m round of Singapore mentorship platform
ADPList makes it easier for people to search, book, and meet mentors from across the world.
Kul Bhushan · · 2 min read