Nike to cut ties with several big retailers in favor of direct to consumer move
As part of Nike's Consumer Direct Offense strategy, the company will no longer sell to nine major wholesale retail partners including Belk, Dillard’s, Zappos, Boscov’s, Bob’s Stores, Fred Meyer, EBLens, VIM and City Blue, according to a note to investors by Susquehanna Financial Group analyst Sam Poser.
Black staffers urged Nike to own up to equality issues before diversity-themed ad campaign
The employees who made the requests to company management were members of a task force commissioned to help find answers to the clothing giant's internal diversity problems.
Nike eyes 500 layoffs at Oregon HQ
Nike, after disclosing a rare money-losing quarter in June, announced layoffs that will eliminate at least 500 jobs at the company’s world headquarters in Oregon, according to reports.
NBA's top earners from endorsements raise awareness for social justice initiatives as season restarts
The NBA reopened at the Disney Wide World of Sports complex in Orlando, Florida, on Thursday and as games tipped off, most players chose to kneel during the national anthem to protest racial injustice and police brutality.
Nike scraps Phoenix manufacturing plant plan
Nike said Tuesday it’s withdrawing plans to make soles for its Nike Air shoes in a Phoenix suburb because of the coronavirus pandemic.
Nike's first-ever chief diversity and inclusion officer departs
A Nike spokesperson told FOX Business in a statement that Leonard has "decided to leave the company to pursue other interests"
Nike cuts jobs, shakes up leadership in bid to boost digital sales
The company expects one-time termination costs related to the changes of $200 million to $250 million.
Zappos sells single shoes and different-sized pairs for first time
Zappos Adaptive launched its new program, the “Single and Different Size Shoe Test,” on Tuesday.
Nike sets Grateful Dead sneaker release date
Digital sales for the company shot up 75 percent in June.
Who makes NBA jerseys?
Nike has been the official supplier of NBA jerseys since the 2017-18 season.
Who makes MLB jerseys?
Nike took over as MLB's supplier for the 2020 season.
Who makes NFL jerseys?
Nike has been the NFL's official uniform supplier since 2012.
These Washington Redskins corporate sponsors are pressuring team to change name
Companies have stepped up pressure on the franchise since earlier this week, when a group of 87 investment firms and shareholders demanded that PepsiCo, Nike and FedEx cut ties with the team unless officials agree to change the name.
Nike pulls Washington Redskins apparel from its website amid team name controversy
Searches on Nike’s website for team apparel yielded no results on Thursday night.
Designer sues Nike, Michael Jordan for copyright infringement over alleged stolen logo
Designer Rocco Giordano's lawsuit says he was "flabbergasted to learn that the fruits of his labor were being used without his consent."
Nike warns of job cuts during shift to digital 'swoosh'
Nike warned of job cuts Friday after the sportswear retailer reported a $790 million quarterly net loss.
Nike posts $790M loss after coronavirus pandemic shuttered stores
Nearly all of Nike's stores were forced to close for two months as the pandemic worsened.
These US companies are observing Juneteenth as a work holiday this year
Nearly every state and Washington, D.C. recognizes the day as a holiday or observance, although it is not a federal holiday.
Rare Nike 'waffle iron' shoes could fetch $150K at auction
The shoes were handmade by Nike co-founder Bill Bowerman.
Nike declares Juneteenth a company holiday
June 19 commemorates the end of slavery in the United States