Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Nike CFO: ‘We’ve Already Lost 10 Weeks of Production’

LESS THAN ONE WEEK AWAY! Join Sourcing Journal & industry leaders at our SOURCING SUMMIT NY on October 19 to discuss the most pressing issues of the day. Your business cannot afford to miss this!

Nike’s dominant first quarter was overshadowed by a grim outlook as the athleticwear and footwear giant battles a gridlocked global supply chain on top of extended pandemic-related Vietnam factory closures. The company downgraded its financial guidance for 2022 solely due to the supply chain impacts, expecting revenues to grow in the mid-single digits, versus the…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands