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News from World

tag: Dollaro

30 September 2022

Nike skids but reacts, a term of comparison for the entire Athleisure market

According to @Reuters overall inventories increased 44% to $9.7 billion at the end of Nike's first quarter (65% in North America). The answer is to build closer relationships with its customers by offering digital services, says @voguebusiness: "Nike offers loyalty benefits to Zalando and JD Sports customers in exchange for data." For @globaldataplc Nike continues to focus on the Direct to Consumer (DTC) strategy. The paradigm for the athleisure market represented by Nike is described by the @SourcingJournal. 

 

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E55GFFNCHBPQXCOFN4WRQMET4I.jpg 22 April 2022

The Russian financial crisis and creditors: an unprecedented situation

Reuters deals with the economic aspect with an analysis: while Russia faces a potential default, investors evaluate legal options. 30-day grace on $649 mln debt payments due April 4. U.S. Treasury banned use of frozen funds for debt payments. Moscow says Western sanctions blocked US$ payment. Litigation can be costly, lengthy. [Analysis: As Russia faces potential default, investors weigh legal options – Reuters]

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