Nike loses Christian Pulisic to Puma
Pulisic, the youngest ever captain of the U.S. Men's National Team and the first American-born winner of the UEFA Champions League, said he's ready to "start a new chapter and create new memories."
LeBron James' media company looking to sell stakes: reports
SpringHill Co. is talking to several potential investors about taking a majority or minority stake in the company that would bring its value to $750 million, Variety reported Tuesday.
Nike has no sympathy for Avenatti after extortion sentence
Nike offered no sympathy to disgraced attorney Michael Avenatti after he was sentenced to prison Thursday for attempting to extort the sports apparel giant for as much as $25 million.
Michael Avenatti faces sentencing in Nike extortion scheme
Michael Avenatti, the brash California lawyer who publicly sparred with then-President Trump before criminal fraud charges on two coasts disrupted his rapid ascent to fame, faces sentencing in one of those cases Thursday.
Nike is 'a brand of China and for China,' CEO says during earnings call
Nike CEO John Donahoe called the sportswear apparel giant a “brand of China” this week, following a fiasco it was involved in earlier this year over concerns about human rights abuses committed by the communist government.
Nike stock soars to record as US sales boom
Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.
Nike swishes to a record $12B in quarterly sales
Nike Inc. posted record quarterly sales, topping $12 billion for the first time in its history, on pent-up U.S. consumer demand for sneakers and sportswear this spring.
Avenatti sentencing postponed until July 9 in Nike case
A judge on Thursday postponed until July 9 the sentencing of Michael Avenatti for the once high-profile lawyer's conviction in an extortion case involving sportswear giant Nike.
FedEx suspended service for 1,400 freight customers
FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume.
Prosecutors balk at Avenatti's 7th sentencing delay request
Prosecutors did not find Michael Avenatti’s seventh request to delay sentencing a charm, saying Tuesday that the once high profile California lawyer should be forced to hear his punishment next week for trying to extort Nike for up to $25 million.
Amazon Prime Day, GameStop's Russell fate, Nike earnings top week ahead
Amazon Prime Day, Fed’s stress tests, and Nike, FedEx earnings dominate the week ahead for investors.
Nike extortion by Avenatti has prosecutors seeking 'very substantial' prison time
Prosecutors urged a judge Wednesday to impose a “very substantial” prison sentence on Michael Avenatti for trying to extort millions of dollars from Nike.
Cowboys' Dak Prescott leaves Adidas, signs 5-year deal with Jordan: report
Dallas Cowboys’ quarterback Dak Prescott has ended his partnership with Adidas after five years and has reportedly signed with the Jordan Brand.
Vanessa Bryant calls out Nike over leaked unauthorized sneakers honoring daughter Gianna
Vanessa Bryant is outraged after finding out that a shoe she designed with Nike in honor of her late daughter Gianna was released despite not having ever been approved for sale.
Nikki Haley: US corporations need to shed their China hypocrisy, practice what they preach to Americans
Corporate America’s leaders have a choice to make: support horrible wrongs or do what’s right.
Nike parted with Neymar amid sexual-assault probe
Nike Inc. and soccer superstar Neymar split ways last year after the company started investigating an allegation by a Nike employee that the Brazilian athlete had sexually assaulted her, according to people familiar with the matter and documents reviewed by The Wall Street Journal.
Nike partnering with Customs and Border Protection to stop the influx of counterfeit goods
Nike is partnering up with Customs and Border Protection to try to stem the influx of counterfeit goods coming into America.
'Woke' corporations called out in ad campaign; Nike, Coca-Cola in the firing line
Consumers' Research, an educational nonprofit dedicated to consumer information, on Tuesday launched an ad campaign targeting corporations over “woke” political narratives.
Kanye West sneakers fetch record $1.8M at private sale
The price is nearly triple the auction record of $615,000 set in 2020.
Simone Biles leaves Nike for partnership with Athleta
Superstar gymnast Simone Biles is leaving Nike Inc. , departing the sneaker juggernaut’s roster for a new apparel partnership with Athleta that she says more closely reflects her values.