Tag: Nike franchise fee and royalties

On Thursday, July 11, Nike and Jordan Brand celebrated the grand opening of a groundbreaking retail destination in the heart of Mexico City’s Historic Center. Situated at the bustling corner of Madero and Gante streets, adjacent to the iconic Iturbide Palace, the new Nike & Jordan World of Flight Mexico City spans over 22,000 square…

Sportswear brand Nike has unveiled a new flagship store in New Delhi’s Pacific Mall at Tagore Garden, highlighting the brand’s commitment to innovation and excellence in sportswear. The new outlet features digital screens, a dedicated running segment, and an extensive wall of footwear, offering a comprehensive sportswear solution for its customers. Pacific Mall announced the…

Nike is a brand that needs no introduction. Known for its innovative sportswear, cutting-edge designs, and iconic “Just Do It” slogan, Nike has established itself as a global leader in the athletic industry. For entrepreneurs looking to join the ranks of this prestigious brand, owning a Nike franchise represents a unique and lucrative opportunity. This…

Nike is betting the 2024 Summer Olympics in Paris will help it turnaround its slump in sales. On Thursday, Nike unveiled the Olympic Kits for the teams it sponsors alongside athletes from Kenya and the U.K., Reuters reported. In March, Nike’s CEO John Donahoe said Nike was not “performing at its potential,” and that it was clear…