Nike sales likely to suffer as inflation hits sneakerheads
Sneakerheads are thinking twice before splurging on the newest set of kicks as the rising cost of living takes a toll on consumer spending, setting the stage for a potential slowdown in sales for Nike Inc in coming months. At least eight brokerages have cut their price targets on Nike in the two weeks ahead […]
Nike sales likely to suffer as inflation hits sneakerheads
Sneakerheads are thinking twice before splurging on the newest set of kicks as the rising cost of living takes a toll on consumer spending, setting the stage for a potential slowdown in sales for Nike Inc in coming months. At least eight brokerages have cut their price targets on Nike in the two weeks ahead […]