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Nike cuts revenue forecast, announces 2 billion dollars saving plan
For its second quarter, Nike, Inc. revenues were 13.4 billion dollars, up 1 percent on...
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Nike to sell Lioness’ goalkeeper shirt following mounting backlash
Sportswear giant Nike has caved under mounting pressure from outraged fans, now stating that it...
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Nike commits to cruelty-free wool
US sporting goods giant Nike has followed its own motto (“Just Do It”) and simply...
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Nike, Adidas, Shein, Temu in US probe over forced labour in China
The House Select Committee on the Chinese Communist Party (CCP) in the United States is...
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Nike, Adidas shoes maker Pou Chen to invest nearly $281 million in India
A subsidiary of the world's largest maker of branded sports footwear Pou Chen will invest...
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Nike close to opening in Castlepoint Shopping Park
Planning permission has been granted to Nike to open a new shop in the former...
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Nike sues Lululemon over alleged patent infringements
Nike is claiming Canadian athleisure giant Lululemon is infringing patents related to the use of...
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Could Nike's sales be a barometer to the industry?
It was all doom and gloom in September, when Nike reported a dip in sales,...
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Nike and LeBron James collaborate on an Air Max 1, an homage to the Liverpool Club
It’s no secret that LeBron James is a big football fan—or soccer fan, to use...
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Nike declares 11 percent increase in quarterly dividend
Nike, Inc. board of directors has approved a quarterly cash dividend of 0.340 cents per...
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Nike posts flat sales growth, earnings drop
Nike reported fourth quarter revenues were 12.2 billion dollars, down 1 percent compared to prior...
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Nike to fully exit Russia following Ukraine invasion
US sportswear giant Nike is the latest fashion company to completely cut ties with Russia.Nike...
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Why Nike, Adidas and Ralph Lauren stuff is getting tougher to find
Looking to buy Nike sneakers, Adidas sweats, Crocs clogs, Polo shirts or Canada Goose parkas?You're...
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Nike is betting you’ll want to wear Air Jordans in the metaverse
Fashion has gone digital. Digital fashion is essentially the same thing as traditional fashion, but...
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Nike cuts sales forecast, citing worsening supply chain woes
Nike has cut its sales forecast, pointing to myriad supply chain problems that are delaying...
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Sotheby's to put rare Nike Olympic shoes on sale, expecting $1 million
On the same day the Olympic Games opens this month, Sotheby's will put on sale...