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Nike Hits Earnings Mark But Investors See Weakness in North American Sales

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Nike released its Q3 earnings report after trading closed Thursday, indicating the footwear and apparel powerhouse had surpassed Wall Street expectations for earnings but had failed to reach sales goals—particularly in North America. In a Nutshell: After closing with a company-record share price of $88.01 on Thursday, after-hours trading brought prices down by more than…

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