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Nike CFO Brands This Tech a ‘Critical Enabler’ After Blowout Q1 Earnings

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Nike had a strong reversal of fortunes in its fiscal first quarter after seeing a net loss of $790 million to close out fiscal 2020, with net income climbing to $1.52 billion, or 95 cents per share, from $1.37 billion, or 86 cents per share, a year earlier. The earnings per share far outperformed the…

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