Thursday, July 10, 2025

Creating liberating content

MUMBAI: Canara Bank on Thursday informed the Bombay HC that

MUMBAI: In a setback to Subhash Chandra and his family,

According to TasteAtlas, ranked at number 1, this Indian street

X Corp’s CEO Linda Yaccarino looks on during the Senate

Related News

MUMBAI: Canara Bank on Thursday informed the Bombay HC that it has withdrawn an order that classified Anil Ambani’s loan account connected to Reliance Communications, which is undergoing insolvency proceedings,

MUMBAI: In a setback to Subhash Chandra and his family, shareholders of Zee Entertainment Enterprises rejected a Rs 2,237-crore capital infusion proposal, thwarting the founding clan’s attempt to increase ownership

According to TasteAtlas, ranked at number 1, this Indian street food is a delicious Middle Eastern meat treat whose origins can be traced back to the Ottoman Empire era, while

X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Nathan Howard

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025. Leah Millis | Reuters Nvidia

NEW DELHI: Further talks on the India-US trade deal are lined up in the coming days with negotiators once again headed to Washington as the government seeks to finalise an

Trending News

MUMBAI: In a setback to Subhash Chandra and his family, shareholders of Zee Entertainment Enterprises rejected a Rs 2,237-crore capital infusion proposal, thwarting the founding clan’s attempt to increase ownership

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group

Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s

Nike to resume selling directly on Amazon for first time since 2019

Word Count: 371 | Estimated Reading Time: 2 minutes


Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. 

Rachel Wisniewski | Reuters

Nike will resume selling its products directly to Amazon in the U.S. for the first time since 2019, CNBC has confirmed.

The sneaker giant stopped selling its goods wholesale on Amazon six years ago as part of a push to distribute more directly to customers and have greater control over the shopping experience. At the time, Nike and several brands like popular shoemaker Birkenstock cut ties with Amazon due to rising concerns around counterfeit products on the company’s sprawling third-party marketplace.

A Nike spokesperson said on Wednesday that the company is investing in its marketplace to bring more products and services to “consumers wherever and however they choose to shop.”

“This includes expanding to new digital accounts, including Amazon in the U.S., new physical partners like Printemps, elevating retail experiences across the marketplace, and launching Nike’s AI powered conversational search to improve our online services,” the spokesperson said in a statement.

Amazon told CNBC in an email that it will “soon begin sourcing a much wider range of Nike products directly to expand our selection for U.S. customers.”

The Information earlier reported the news.

Prior to the agreement, a limited selection of Nike products were available on Amazon via third-party sellers. But Nike was a “gated” brand on Amazon, meaning it was highly restricted to prevent counterfeit and low-quality items. Apple and L’Oreal are among other gated brands on Amazon.

The deal represents a win for Amazon, which has sought to attract more high-end brands to its platform. Amazon found early success with online apparel by selling a wide range of basics from popular brands and its own private labels. In recent years, it’s moved upmarket by opening online luxury fashion shops. Amazon late last month launched a storefront with Saks Fifth Avenue featuring a curated range of luxury brands like Dolce & Gabbana.

— CNBC’s Jessica Golden contributed reporting to this story.

WATCH: Amazon reportedly exploring foldable phone

Amazon reportedly exploring foldable phone



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account