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Nike: 3-Week Shipping Delays Dampen North American Sales

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

While overall third-quarter revenues at Nike were down 1 percent to $10.4 billion year over year on a currency-neutral basis, below the $11.02 billion expected by analysts polled by Refinitiv, the athleticwear and footwear giant was largely held back by its biggest market due to pervasive supply-chain issues that have rattled all of apparel. North…

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