Nike

Apr
17
2022
By Ellen Britt
How Online Retail Businesses Are Using The Metaverse

How Online Retail Businesses Are Using The Metaverse

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Ellen Britt for CNT #NFTFor most businesses, the metaverse is not sufficiently mature enough for them to have a full-fledged store. Here’s what online retailers are doing in the meantime:First of all, you need to understand what AR is. AR stands for augmented reality. This technology overlays virtual elements and/or sound effects onto a real-world scene in real time. Funny Hats, Flying Heart And MoreYou likely have already experienced AR if you have seen folks on Instagram, Snapchat or Facetime playing with fun AR filters such as wild sunglasses, funny hats, masks of all kinds, and more. But AR has much more…
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Jun
25
2021
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By Troy Warren
Nike shares surge premarket on North American sales, outlook

Nike shares surge premarket on North American sales, outlook

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By MICHELLE CHAPMAN, Associated Press Troy Warren for CNT Nike’s shares are soaring before the opening bell Friday, as the footwear and clothing company posted record fiscal fourth-quarter sales in North America and gave a better-than-anticipated full-year revenue forecast. The Beaverton, Oregon-based company's revenue totaled $12.34 billion in the fourth quarter, easily beating the $11.06 billion that analysts polled by Zacks Investment Research predicted. In North America, Nike Inc.'s revenue soared 141% to $5.38 billion. Nike also experienced strong sales for its namesake brand, rising 88% to $11.8 billion. Revenue for the Converse brand climbed 85% to $596 million. Sales were…
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