The latest trading day saw Nike (NKE) settling at $77.19, representing a -1.11% change from its previous close.
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Nike (NKE) concluded the recent trading session at $78.40, signifying a -0.65% move from its prior day's close.
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Indians are spending more on shoes with the average price point increasing 10-15% in the last one year, said Rajat Khurana, Managing Director, ASICS ...
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He highlighted the shockingly low wages workers receive, stating: At that rate, labor for a pair of basketball shoes which retail for $149.50 costs Nike $1.50, 1 percent of the retail price.