Nike Beats Estimates While Shares Fall on Freight and Logistics Costs
Shares for Nike Inc. were down 5% in after-market trading on Thursday after the athletic giant reported a 22% decrease in net income of $1.5 billion in the first fiscal…
Nike
Nike Reveals the Next Signature Sneaker for NBA Icon LeBron James
LeBron James is taking his signature performance shoe line to new heights with his latest: the Nike LeBron 20, which celebrates both his 20th year with the athletic…
Nike Sponsoring 48 Players at U.S. Open, the Most of Any Brand
When 19-year-old Roger Federer upset seven-time champion Pete Sampras at Wimbledon in their first and only meeting in 2001, both players sported the iconic swoosh logo…
Serena Williams Will Keep Breaking Barriers With Nike Long After She Steps Off Court
While the 2022 US Open could be the last time Serena Williams hits the court in a Grand Slam, her impact on the sport is far from over, according to Footwear…
Why Nike Is Closing Offices Around the World Next Week
Nike is again closing its global offices next week to encourage employee well-being, a move the company first announced in May, according to Footwear News. “If…
Serena Williams Announces Plans to Retire With $450 Million in Career Earnings
Tennis icon Serena Williams announced her plans to retire from tennis in a cover story she wrote for Vogue, which published online Tuesday morning. Williams cited the…
UCLA ‘Lost’ $99.2M in Under Armour Fight as Big Ten Offers Cushion
UCLA lost about $99.2 million in contract dollars as a result of its prolonged fight with Under Armour and its subsequent Nike deal, but the school can reduce that loss…
Nike to Release Diversity Recruitment and Promotion Rates by 2024
Nike has taken another step in its ongoing commitments to diversify its talent, Footwear News reports. The giant has committed to release data pertaining to…
Nike Debuts New Style Concept Shop in Seoul Featuring Content Studio
Nike opened a new retail concept shop in Seoul, South Korea, on Friday. According to the Beaverton, Ore.-based athletic brand, the new “Nike Style” store serves as…
Sporticast: Fanatics and Nike Draw Closer, Apple’s MLS Strategy
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a new…
Fanatics Deepens Nike Ties With College Licensing Deal
Fanatics is expanding its relationship with Nike, the latest step in the company’s push to become as prominent—and indispensable—in college sports apparel as it already…
Nike Q4 Beats Analyst Expectations Despite Russia Exit, China Pressures
Shares for Nike, Inc. were up slightly in after-hours trading on Monday after the company beat expectations on earnings and revenue for its fiscal fourth…
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