Revenues at sportswear giant Nike fell during its first quarter ended 31 August, as the brand outlined further restucturing under its new "Pace" strategy, which includes $300m (£225m) in employee job-loss payouts in its 2026 financial year.
Jade Burke is a Digital Editor at Drapers. Her work encompasses a range of topics within the fashion industry, including retail analytics, consumer behavior, and corporate sustainability, while also exploring themes of entrepreneurship and startups. Jade has contributed to the magazine and digital exclusives, interviewing notable figures in the industry and has been recognized for her excellence in journalism, being featured in Drapers.