Converse Drives 20% of Nike's Sales Decline on Just 2.5% of Revenue
Converse is 2.5% of Nike's revenue but drove 20% of its sales decline last quarter. Sales have halved since 2023, and BNP Paribas sees a possible sale.
Topic
Footwear Industry
Topic
Footwear Industry
Phoenix Footwear Group to Shut Down Within 60 Days
Phoenix Footwear Group, the 144-year-old parent of Trotters, Softwalk and Bueno, will cease operations within 60 days, per a Link…