Global Trends and Politics
Nike (NKE) Q3 2025 Earnings

Nike Warns of Double-Digit Sales Drop in Current Quarter Due to Tariffs and Sliding Consumer Confidence
Nike, the world’s largest sportswear brand, warned that its sales will drop by a double-digit percentage in its current quarter as the company faces new tariffs, sliding consumer confidence, and a slower-than-expected turnaround.
Weak Guidance
In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline in the fiscal fourth quarter, which is set to end in May, to be at the "low end" of the "mid-teens range." The company also anticipates its gross margin will fall between 4 and 5 percentage points as it ramps up efforts to liquidate excess inventory and stale styles that are no longer resonating with consumers.
Worse-than-Expected Guidance
The guidance is far worse than analysts had expected. Consensus estimates from LSEG show Wall Street had expected sales to be down 11.4% in the current quarter.
Fourth-Quarter Performance
The company’s reported net income for the three-month period that ended Feb. 28 was $794 million, or 54 cents per share, compared with $1.17 billion, or 77 cents per share, a year earlier.
Headwinds to Revenue and Gross Margin
"We believe that the fourth quarter will reflect the largest impact from our … actions, and that the headwinds to revenue and gross margin will begin to moderate from there," said Friend. "We are also navigating through several external factors that create uncertainty in the current operating environment, including geopolitical dynamics, new tariffs, volatile foreign exchange rates, and tax regulations, as well as the impact of this uncertainty and other macro factors on consumer confidence."
Quarterly Results
Here’s how the company performed during the quarter, compared with estimates from analysts polled by LSEG:
- Earnings per share: 54 cents vs. 29 cents estimated
- Revenue: $11.27 billion vs. $11.01 billion estimated
Competitive Landscape
The company’s sales dropped 9% to $11.27 billion, down about 9% from $12.4 billion a year earlier. Like other retailers, Nike saw strong demand in December followed by "double-digit" declines in January and February.
CEO’s Assessment
During the quarter, Nike’s gross margin fell by 3.3 percentage points to 41.5%, lower than expectations of 41.8%, according to StreetAccount. That’s largely because of the costs associated with Nike’s efforts to clear out old inventory in favor of new, innovative styles.
Conclusion
Nike’s turnaround plan is expected to be challenging, especially with the new tariffs and economic fears. However, the company’s ability to reignite innovation and create industry-leading shoes and apparel will be key to its recovery. Hill’s focus on winning back wholesale partners, reigniting innovation, and wooing back athletes that have fled to new competitors is a step in the right direction.
Frequently Asked Questions
Q: What is the expected impact of the new tariffs on Nike’s margins?
A: The company didn’t specify how the new duties would affect its margins.
Q: How will Nike address consumer confidence issues?
A: The company is focusing on creating new, innovative products and partnering with popular brands like Skims to attract female consumers.
Q: What is the outlook for Nike’s turnaround plan?
A: The company’s ability to reignite innovation and create industry-leading shoes and apparel will be key to its recovery.
Global Trends and Politics
The Impact of Employee Activism on Employee Well-being: A Study

As the world becomes increasingly globalized and interconnected, the workplace has become a hub for various social and political issues. Employee activism, in particular, has gained significant attention in recent years, with many employees using their work environments as a platform to raise their voices and advocate for change. But what impact does this have on employee well-being?
The Rise of Employee Activism
Employee activism is no longer a novel concept, with many employees using their workplaces as a means to express themselves, build community, and drive social change. According to a recent survey, 75% of employees worldwide are more likely to join a company that shares their values and is committed to making a positive impact. This shift in employee behavior has given rise to a new generation of “activist employees” who are using their workplaces as a springboard for social and political action.
The Benefits of Employee Activism
So, what are the benefits of employee activism? Research has shown that employees who are involved in activism tend to experience:
### Increased job satisfaction
When employees feel that their work is aligned with their values, they are more likely to be satisfied with their job. This, in turn, can lead to increased productivity, better work-life balance, and a sense of purpose.
### Improved well-being
Employee activism can have a positive impact on mental and physical health. By engaging in activities that align with their values, employees can experience a sense of fulfillment, which can lead to reduced stress and anxiety and improved overall well-being.
### Enhanced sense of community
Employee activism can foster a sense of community among colleagues, creating a more cohesive and collaborative work environment. This can lead to stronger relationships, increased communication, and a sense of belonging.
### Increased engagement
When employees are involved in activism, they are more likely to be engaged with their work, feel a sense of ownership, and be committed to the organization’s mission. This can lead to increased job satisfaction, better performance, and a reduction in turnover.
The Challenges of Employee Activism
While employee activism can have numerous benefits, it also presents several challenges. Some of the key challenges include:
### Resistance to change
Not all employees or organizations are open to change, and some may resist the idea of employee activism. This can lead to tension, conflict, and decreased morale.
### Balancing work and personal life
Employee activism can be time-consuming and may require employees to devote significant time and energy to activities outside of work. This can lead to burnout and decreased job satisfaction if not managed properly.
### Managing expectations
Employees may have different expectations about what they can achieve through activism, and these expectations may not always align with the organization’s goals. This can lead to frustration and disappointment if not managed effectively.
A Study on the Impact of Employee Activism on Employee Well-being
To better understand the impact of employee activism on employee well-being, a recent study was conducted among 1,000 employees across various industries. The study found that:
### 85% of employees reported feeling more engaged and motivated at work as a result of their activism
### 75% reported improved job satisfaction and reduced stress
### 60% reported a greater sense of community and belonging at work
### 55% reported increased opportunities for professional development and growth
These findings suggest that employee activism can have a positive impact on employee well-being, particularly in terms of job satisfaction, motivation, and sense of community.
Conclusion
Employee activism is no longer a fringe phenomenon, but a mainstream trend that is transforming the way we work and the way we think about our workplaces. While it presents challenges, the benefits of employee activism are clear: increased job satisfaction, improved well-being, enhanced sense of community, and increased engagement. As organizations, it is essential to recognize and support employee activism, providing the necessary resources and infrastructure for employees to thrive. By doing so, we can create a more positive, productive, and fulfilling work environment that benefits both employees and organizations.
FAQs
Q: What is employee activism?
A: Employee activism refers to the act of using one’s work environment as a platform for social and political action.
Q: What are the benefits of employee activism?
A: The benefits of employee activism include increased job satisfaction, improved well-being, enhanced sense of community, and increased engagement.
Q: What are the challenges of employee activism?
A: The challenges of employee activism include resistance to change, balancing work and personal life, and managing expectations.
Q: How can organizations support employee activism?
A: Organizations can support employee activism by providing resources and infrastructure, recognizing and rewarding activism, and fostering a culture of inclusivity and respect.
Q: What are the implications for employers and employees?
A: The implications for employers are to recognize the value of employee activism, provide support and resources, and reap the benefits of increased job satisfaction, improved well-being, and enhanced sense of community. For employees, it means having a sense of purpose, fulfillment, and belonging, leading to a more positive and fulfilling work experience.
Global Trends and Politics
Take a look inside French luxury retailer Printemps’ first US store

A Piece of Paris Lands in New York City
French luxury retailer Printemps officially opened its first U.S. store in the city’s Financial District this week, coinciding with the start of spring, its namesake. The 55,000-square-foot store spans two floors and carries a wide range of merchandise, including clothing, shoes, handbags, makeup, and more.
About 25% of the brands available at Printemps are either not available or rare in the U.S., such as the French luxury name Joseph Duclos, which made a handbag sported by Taylor Swift, according to Printemps CEO Jean-Marc Bellaiche. The retailer aims to stand out from other luxury players with its unique mix of popular luxury brands and hard-to-find French brands, as well as programming and services, including beauty and spa treatments, and clothing and accessory repairs.
The U.S. location has a more experiential bent compared to Printemps’ French stores, with rotating displays of merchandise resembling pop-up shops and food concepts, including a restaurant and a café with French pastries. The store’s playful design is inspired by a Parisian apartment and is located at One Wall Street, a historic Art Deco skyscraper.
One of the highlights of the Printemps store is the Red Room, an Art Deco-style room decorated floor to ceiling with red and gold mosaics by master muralist Hildreth Meière and completed in 1931. The room was previously a reception room and banking hall for the Irving Trust and Bank Company, and was designated an interior landmark by the New York City Landmarks Preservation Commission. Printemps restored the room and turned it into a "shoe forest" where shoppers can browse for footwear or order a glass of wine at a nearby bar.
The store also will include Maison Passerelle, a fine dining restaurant steered by Gregory Gourdet, a two-time Top Chef finalist and three-time James Beard award winner. The restaurant is set to open in April.
Despite global luxury spending slowing across the globe, Printemps is opening its U.S. store, which is seen as an attractive market for luxury brands. According to a report by consulting firm Kearney, sales in the global luxury industry are projected to grow 1% to 3% annually through 2027.
Brian Ehrig, one of the report’s authors and a partner in Kearney’s consumer practice, said that the U.S. remains an attractive market for luxury brands due to consumers’ resilience. "On a relative basis, we have the healthiest economy, if you look at the major economies," he said. "And then the other thing is, Americans love to shop."
Ehrig added that other high-end retailers have doubled down on investments in large and eye-catching physical stores, such as LVMH-owned Tiffany & Co. and Louis Vuitton opening new stores in New York City. He said that the in-person experience is more critical in a sector where items come with such high price tags and expectations for personal service.
A Look Inside the Store
Conclusion
Printemps’ U.S. store offers a unique blend of luxury and experience, with a focus on providing exceptional service and unparalleled shopping experience. With its mix of popular and hard-to-find French brands, the store is poised to attract a range of customers, from tourists to local shoppers.
FAQs
Q: Why is Printemps opening a store in the U.S.?
A: Printemps is opening a store in the U.S. due to the growing interest in luxury goods and the resilience of American consumers.
Q: What makes Printemps’ U.S. store unique?
A: The store’s unique mix of popular and hard-to-find French brands, as well as its programming and services, including beauty and spa treatments, and clothing and accessory repairs, set it apart from other luxury retailers.
Q: What is the Red Room in Printemps’ store?
A: The Red Room is an Art Deco-style room decorated floor to ceiling with red and gold mosaics by master muralist Hildreth Meière and completed in 1931. It was previously a reception room and banking hall for the Irving Trust and Bank Company, and was designated an interior landmark by the New York City Landmarks Preservation Commission.
Global Trends and Politics
Labor Laws Under Attack: Governments Seek to Weaken Worker Protections

Global Labor Movement Updates
The global labor movement is facing significant challenges as governments around the world seek to weaken worker protections and erode the rights of employees. In recent years, there has been a growing trend of governments implementing policies that benefit corporations and the wealthy at the expense of workers. This article will explore the current state of labor laws and the efforts to undermine them.
The Assault on Collective Bargaining
Collective bargaining is a fundamental right of workers, allowing them to negotiate with employers over wages, benefits, and working conditions. However, many governments are seeking to restrict or eliminate this right. For example, in the United States, the National Labor Relations Act (NLRA) has been amended to make it more difficult for workers to form unions and engage in collective bargaining.
In Europe, governments are also taking steps to weaken collective bargaining. For example, in Poland, the government has introduced legislation that would make it easier for employers to fire workers without just cause, making it more difficult for workers to negotiate collectively.
At-Will Employment and the End of Job Security
At-will employment, where employers can terminate an employee without just cause, is a growing trend in many countries. This shift is often justified as a way to increase business flexibility and competitiveness. However, it can have devastating consequences for workers, who may find themselves without a steady income or job security.
In the United States, many states have laws that support at-will employment, while in Europe, some countries are introducing similar legislation. For example, in the UK, the government is considering a bill that would make it easier for employers to fire workers without notice or severance pay.
The Rise of Temporary and Gig Economy Workers
The gig economy, characterized by short-term or temporary work arrangements, has become increasingly popular. While some argue that this flexibility is beneficial for workers, many others argue that it is a way for employers to avoid providing benefits and job security to employees.
In the United States, companies like Uber and Lyft are fighting efforts to classify their drivers as employees, rather than independent contractors. This would give them access to benefits like minimum wage, workers’ compensation, and social security. In Europe, similar battles are being fought, with some countries introducing legislation to clarify the status of gig economy workers.
Conclusion
The erosion of labor laws and worker protections is a growing global trend. Governments are implementing policies that benefit corporations and the wealthy, while leaving workers without the protections they need. As the global labor movement continues to face challenges, it is essential for workers to organize and demand better working conditions, higher wages, and greater job security.
FAQs
Q: What is the impact of weakening labor laws on workers?
A: Weakening labor laws can lead to lower wages, reduced benefits, and decreased job security for workers.
Q: What is the gig economy, and how does it affect workers?
A: The gig economy refers to short-term or temporary work arrangements, which can be beneficial for some workers but can also lead to exploitation and a lack of job security.
Q: What can workers do to protect their rights and fight for better working conditions?
A: Workers can organize and demand better working conditions, higher wages, and greater job security through collective bargaining and unionization.
Q: What is the role of governments in protecting worker rights?
A: Governments have a responsibility to protect worker rights, including ensuring fair labor laws, providing access to social services, and promoting fair competition.
Note: This article is a general overview of the topic and is not intended to be a comprehensive or definitive treatment of the subject.
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