#sales-decline
Nike extends turnaround timeline amid more layoffs, sales declines
The activewear giant released yet another operational reset, which will lead to job cuts in the new year, and flagged “significant work ahead.”
High gold prices, import duty hike to drag jewellery demand: Crisil
Indian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. Despite this, robust revenue growth of 20-25% is expected, driven by higher realisations, leading to stable credit profile…