Organisers of YB Viral’s anti-Anwar protest say will go ahead despite rejection by Putrajaya local govt, tell cops to facilitate insteadNike, which has been criticised in recent times over a lack of innovation and strategic stumbles, reported a dip in quarterly revenues as executives cited a number of headwinds.
Nike reported profits of US$1.5 billion in the fiscal fourth quarter of 2024 ending May 31. That's a surge of 45 per cent from the year-ago period following price increases on some goods and lower ocean freight costs. Nike Chief Executive John Donohoe expressed confidence that the company's product pipeline would wow consumers. He also vowed an impressive marketing blitz at the upcoming Olympic Games in Paris.
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