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Top related persons:
— CNBC's Gabrielle Fonrouge - 2 Woods - 1 Tiger Woods - 1 Phil Knight's - 1 Mark Steinberg - 1 Tiger - 1 Roger Federer - 1 Marc Maurer - 1
Top related locs:
Nassau Swiss Orlando Oregon Greater China Grapevine , Texas Bargteheide Germany
Top related orgs:
Nike - 2 CNBC - 2 CNBC PRO - 2 Nike Golf - 1 Apex Marketing - 1 Golfers - 1 EMEA - 1 GameStop - 1

Search resuls for: "— CNBC's Gabrielle Fonrouge"


6 mentions found


☆ Tiger Woods ends Nike partnership after 27 years
  + stars: | 2024-01-08 | by ( Jessica Golden | ) www.cnbc.com   time to read: +3 min
Tiger Woods during the pro-am as a preview for the Hero World Challenge at Albany Golf Course in Nassau on Nov. 29, 2023. Tiger Woods' 27-year partnership with Nike has come to an end. "Phil Knight's passion and vision brought this Nike and Nike Golf partnership together and I want to personally thank him, along with the Nike employees and incredible athletes I have had the pleasure of working with along the way," Woods wrote. In a statement, the company said: "For over 27 years, we have had the honor to partner with Tiger Woods, one of the greatest athletes the world has ever seen. Yet, Woods brought significant exposure to the Nike brand.
Persons: Woods, Tiger Woods, Phil Knight's, Mark Steinberg, Tiger, Roger Federer, Marc Maurer, it's, TaylorMade, aren't, Brian Yarbrough, Edward Jones, Eric Smallwood, LeBron James, Smallwood, — CNBC's Gabrielle Fonrouge Organizations: Nike, Nike Golf, CNBC, Apex Marketing, Golfers, CNBC PRO Locations: Nassau, Swiss, Orlando, Oregon
☆ Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook
  + stars: | 2023-12-22 | by ( Drew Richardson | ) www.cnbc.com   time to read: +1 min
Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer Foot Locker also feeling the blow. Foot Locker, which relies heavily on Nike products in its stores, closed down nearly 4%. Nike said in its earnings report Thursday that the company now expects its revenue to grow 1% for the fiscal year, down from the prior outlook of mid-single-digit growth. The company also said it was going to cut costs of upward of $2 billion over the next three years. The new outlook reflects increased headwinds "particularly in Greater China and EMEA," finance chief Matthew Friend said in the earnings call Thursday.
Persons: Locker, Matthew Friend, Cowen, Goldman Sachs, Gabrielle Fonrouge, Michael Bloom Organizations: Nike, EMEA, CNBC PRO Locations: Greater China
☆ GameStop's survival demands 'extreme frugality,' CEO Ryan Cohen tells employees
  + stars: | 2023-09-28 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +4 min
Just hours after being named GameStop 's CEO, Ryan Cohen sent out a memo to employees Thursday that emphasized he will take dramatic steps to ensure the struggling video game retailer survives. I expect everyone to treat company money like their own and lead by example." Cohen, a billionaire activist investor and founder of direct-to-consumer pet food and supply retailer Chewy , was named the company's new leader Thursday morning. Cohen's CEO announcement previewed the company's emphasis on slashing costs: He will not receive a salary in his new role. I expect everyone to treat company money like their own and lead by example.
Persons: Ryan Cohen, " Cohen, Cohen, Matt Furlong, Mike Recupero, Furlong, Ryan, CNBC's Gabrielle Fonrouge Organizations: GameStop, CNBC, RC Ventures Locations: Grapevine , Texas
☆ Shein strikes deal with fast-fashion retailer Forever 21 that will expand reach of both brands
  + stars: | 2023-08-24 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +2 min
A Shein App is shown in the iOS App Store in Bargteheide, Germany, May 3, 2021. Fast-fashion competitors Shein and Forever 21 have joined forces. Shein's deal with Forever 21 comes as it tries to distance itself from sharp criticism and gear up for a widely rumored U.S. initial public offering. While Shein and Forever 21 have similar shoppers, they have catered to those customers in different ways. By teaming up, Shein and Forever 21 will have new ways to reach customers.
Persons: Shein, Brooks, Lucky Brand, — CNBC's Gabrielle Fonrouge Organizations: Sparc Group, Sparc, Authentic Brands, Simon Property Group, Wall Street Locations: Bargteheide, Germany, Shein, China, Singapore, Dallas, Los Angeles
☆ Target expects organized retail crime-fueled losses to jump by $500 million this year
  + stars: | 2023-05-17 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +4 min
Target said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago. He described retail theft as "a worsening trend that emerged last year," and said violent incidents have increased at Target's stores. "The country has a retail theft problem," Home Depot CFO Richard McPhail said on a call with CNBC on Tuesday. Yet it's hard to verify if organized retail theft has grown and if so, by how much. Target has become more vocal about organized retail theft, as it has struggled with excess inventory and its margins have disappointed.
☆ Adidas says Berlin Fashion Week launch and co-CEO announcements are fake
  + stars: | 2023-01-16 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Several press releases allegedly sent from Adidas about a Berlin Fashion Week launch, its treatment of workers abroad and other topics related to its business structure were fake, according to the company. The groups hope Adidas signs onto the Pay Your Workers labor agreement, which advocates for garment worker pay and the right to organize. Two of the faked press releases claimed Adidas was launching new clothing called REALITYWEAR from celebrities Pharrell Williams, Bad Bunny and Philllllthy. The hoax release announcing the Berlin Fashion Week debut on Jan. 16 claimed it was part of a push for a renewed focus on workers' rights and material sourcing. The Guardian first reported that The Yes Men were behind the campaign.
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