Nike plans fresh job cuts and revamps operations as sales dropA 26 per cent plunge in China sales and weak lifestyle demand lead to a $2.5 billion cost-cutting programme.2 October 2026
Converse pulls sneaker advertisement after critics liken imagery to KKK and lynchingThe footwear brand apologised and removed the image promoting its new Chuck 70 X shoe after a wave of online outrage.20 September 2026