Nike News: Latest Moves in Indian Retail

Latest moves

Our read of each move first, where we have one; what the report said is marked Reported.

Use the FY2028 relocation timeline to plan workforce continuity and coordination across Nike, Jordan and Converse, with the Bengaluru campus location due to be announced in 2027.Reported: The campus will support Nike, Jordan and Converse, with its location to be announced in 2027. Nike plans new Bengaluru campus, with India employee moves starting in FY2028.2 OctET Small Business
Nike’s 26% constant-currency sales decline in China calls for tighter local inventory and demand planning, while job-cut notifications beginning in 2027 raise execution risks.Reported: Nike is targeting about $2.5 billion in restructuring savings through fiscal 2031, with job-cut notifications beginning in 2027. China sales fell 26% in constant currency in Q1, while Nike forecasts a high-single-digit revenue decline for fiscal 2027.2 OctCNBC-TV18

Background

From 6 stories, the newest dated 7 Oct 2026. Summary written 9 Oct 2026.

Nike is a sportswear company whose India plans include a new Bengaluru campus that will support Nike, Jordan and Converse.[1] source: ET Small Business

Show 3 more paragraphs and 6 sources

The campus is meant to strengthen local consumer engagement and manufacturing capabilities.[1] source: ET Small Business Nike has also run India-rooted collaborations with local designers and craft brands.[2] source: ET BrandEquity

Nike announced in October 2026 that it plans to move India-based employees to the new Bengaluru campus beginning in FY28.[1] source: ET Small Business CNBC-TV18 reported that Nike targets about $2.5 billion in savings through fiscal 2031 from a restructuring that includes the India campus, with job-cut notifications beginning in 2027.[3] source: CNBC-TV18 Nike's first-quarter revenue was $11.21 billion, and its China sales fell 26% on a constant-currency basis.[3] source: CNBC-TV18 Active Clothing, whose FY26 revenue from operations was Rs 316.44 crore, added Levi's and Nike rights in October 2026.[4] source: IMAGES Business of Fashion

Piyush Goyal met Nike's senior leadership in the US, and on 5 October 2026 said the India-Nike partnership could expand into manufacturing, job creation and local sourcing.[5] source: Storyboard18 Nike and Target discussed expanding sourcing from India in their meetings with Goyal.[6] source: The Hindu BusinessLine

Sources

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Questions about Nike

What are Nike's expansion plans?

Nike plans a new campus in Bengaluru, announced in October 2026, to which India-based employees are to move beginning in FY28. The campus will support Nike, Jordan and Converse and strengthen local manufacturing capabilities.[1] source: ET Small Business

How fast is Nike growing in India?

Nike reported first-quarter revenue of $11.21 billion, while its China sales fell 26% on a constant-currency basis, as reported in October 2026.[3] source: CNBC-TV18

What is Nike's current strategy in India?

In October 2026 Nike announced a new Bengaluru campus with employee moves starting in FY28.[1] source: ET Small Business It targets about $2.5 billion in savings through fiscal 2031 from a restructuring, with job-cut notifications beginning in 2027.[3] source: CNBC-TV18 Nike also discussed expanding sourcing from India with Piyush Goyal in October 2026.[6] source: The Hindu BusinessLine

Stories that mention Nike

7 stories

Nike is named in these stories but is not their subject.