Nike

Retail

Nike to fully exit Russia

Retail giant Nike has decided to fully exit Russia following the country's invasion of Ukraine. The company said it would scale down operations there.

Media

Michael Avenatti requesting new trial in Nike case

Disgraced former attorney Michael Avenatti is requesting a new trial after he was convicted last year of trying to extort up to $25 million from NIke by threatening to go public with corruption allegations and cause billions of dollars in valuation losses.

Markets

Nike’s revenue pinched by supply-chain disruptions

The COVID-19 pandemic has caught up with Nike Inc. The sneaker giant’s revenue growth is being limited by supply-chain disruptions that have slowed the production and delivery of shoes and other goods around the world.