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Skechers Won Victory Over Nike In A Case Relating To Nike's Subsidiary Converse Inc
Groupama Immobilier sells Champs Elysees site in deal worth 613 mln euros
Nike Reports Q1 Earnings Per Share $0.86
NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company's operating segments include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse. As of May 31, 2016, the Company focused its NIKE brand product offerings in nine categories: Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Men's Training, Women's Training, Action Sports, Sportswear (its sports-inspired lifestyle products) and Golf. Men's Training includes its baseball and American football product offerings. It also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company sells a range of performance equipment and accessories under the NIKE Brand name.
1 SW Bowerman Dr
Mark G. Parker
Chairman of the Board, President, Chief Executive Officer
Andrew M. Campion
Chief Financial Officer, Executive Vice President
President - Consumer and Marketplace
President - Nike Valiant Labs
Eric D. Sprunk
Chief Operating Officer
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The U.S. Anti-Doping Agency (USADA) has praised the decision to shut down the Nike Oregon Project (NOP), saying on Friday it was a necessary step after the elite distance running programme's leader, Alberto Salazar, was suspended for doping violations.
Nike Inc [NKE.N] shut down its Nike Oregon Project training group on Thursday, following the recent four-year ban of founder and coach Alberto Salazar by the U.S. Anti-Doping Agency (USADA).
Houston Rockets sneakers and other merchandise were pulled from several Nike <NKE.N> stores in major Chinese cities amid the furore surrounding a tweet from the team's general manager in support of anti-government protests in Hong Kong.
* Indexes up: Dow 0.6%, S&P 0.6%, Nasdaq 1.1% (Updates to late afternoon)
* Indexes up: Dow 0.49%, S&P 0.20%, Nasdaq 0.18% (Adds details, updates quote and numbers)
U.S. stocks opened largely flat on Wednesday as a move to launch an impeachment inquiry into President Donald Trump unnerved investors, but losses were limited as Nike and tobacco stocks rose.
Nike Inc's online sales growth and a bullish outlook in China put it on a firm path for years to come and should help it easily ride out rises in U.S. import tariffs on its Chinese-made sneakers, Wall Street analysts said on Wednesday after a strong set of quarterly results.
Nike Inc's <NKE.N> quarterly revenue and profit beat market expectations on Tuesday as a push to sell sneakers and apparels to consumers through its own stores and online retailers gained pace, boosting margins and sending its shares up 5%.
Michael Avenatti on Tuesday withdrew his request to subpoena Nike Inc <NKE.N> in connection with the federal criminal case accusing the embattled lawyer of extortion, after the company said prosecutors already possessed all the documents he sought.
* Indexes down: Dow 0.5%, S&P 0.7%, Nasdaq 1.3% (Updates to late afternoon)
Michael Avenatti, the lawyer and critic of U.S. President Donald Trump, on Monday said he did nothing "wrongful" in dealing with Nike Inc <NKE.N>, and asked a federal judge to dismiss the criminal extortion case against him.
Lawyer Michael Avenatti asked a federal judge to dismiss an indictment accusing him of trying to extort Nike Inc, saying he was targeted in a "vindictive and selective prosecution" because of his feud with U.S. President Donald Trump.
Nike Inc will launch a new subscription service for kids sneakers this week that seeks to woo parents with an offer of fewer nightmarish trips to the shoe store in exchange for a regular fee and consistent brand loyalty.
Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America as demand at its stores and online faced pressure from relentless competition from bigger rivals Nike and Adidas.
Nike Inc, the world's largest sportswear maker, is exploring options for its surfwear brand Hurley International, including its possible divestment, according to people familiar with the matter.
A pair of 1972 running shoes, one of the first pairs made by Nike Inc , sold for $437,500 on Tuesday, shattering the record for a pair of sneakers at public auction.
Nike Inc <NKE.N> has signed Zion Williamson, the No. 1 NBA draft pick and rising 19-year-old basketball star, to its Jordan brand, the world's largest sportswear maker said on Tuesday.
Nike Inc said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least $184 million, going ahead with the site after the state of Arizona last week withdrew an incentive package following the footwear maker's cancellation...
Arizona's governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world's largest sportswear maker canceled release of a sneaker featuring a colonial-era version of the American flag, which critics say reflects links to slavery...
The U.S. women's national soccer team added wattage to its World Cup star power on Monday as sports apparel-maker Nike said the team's home jersey is a record-breaking seller on its retail site.
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