Global sportswear giant Nike Inc. said on Monday total revenues came close to $11 billion in the third quarter fiscal 2022, as the U.S firm saw a steady return to normal footfall across its owned stores across the globe.
The designer passed away in Paris at the age of 59. He had recently launched his own label, AZ Factory, in collaboration with Swiss-based luxury group Richemont, and previously led design at Lanvin from 2001 to 2015.
At least three Chinese celebrities on Saturday dropped German fashion house Hugo Boss, the latest foreign brand caught in a concerted boycott by Chinese consumers over Western accusations of forced labour in Xinjiang.
Nike on Monday urged Europe's second-highest court to annul an EU investigation into its Dutch tax rulings, saying the bloc's competition enforcers had failed to show these amounted to illegal state aid.