Rubio slams US companies over China ‘hypocrisy’
Sen. Marco Rubio, R-Fla., discusses the "hypocrisy" he sees in corporate America’s relationship with China.
Vanessa Bryant, Nike opt not to renew nearly 20-year-long partnership over differences: Report
Vanessa Bryant and Kobe Bryant’s estate decided not to extend their partnership with Nike which expired earlier this month due to several differences between the two sides, reports say.
Nike launches shoe refurbishment program with focus on saving the environment
Nike announced Monday it will launch a program to refurbish old shoes in an effort to “reduce its waste footprint.”
Nike and Lil Nas X 'Satan Shoes' maker settle lawsuit
Nike said Thursday that it has settled a lawsuit against the New York City company behind the “Satan Shoes” promoted by Lil Nas X in a collaboration.
Nike's request for temporary restraining order over 'Satan Shoes' gets court approval
Nike’s request for a temporary restraining order against the Brooklyn-based company MSCHF selling “Satan Shoes” in collaboration with the rapper Lil Nas X has been approved.
Nike sues rapper Lil Nas X over ‘Satan shoes’ that have real blood in soles
Nike on Monday filed a lawsuit against MSCHF over its controversial “Satan shoes” collaboration with rapper Lil Nas X.
White House supports private sector companies battling China's censorship, Psaki says
White House Press Secretary Jen Psaki on Friday indicated the Biden administration was prepared to stand up to China’s efforts to “weaponize” private companies’ dependence on its markets in order to censor free speech.
Investment manager Kyle Bass slams China: US needs to 'stop doing business with the evil regime'
Hayman Capital Management founder and CIO Kyle Bass warned that “we got to stop doing business" with the Chinese Communist Party, which he referred to as the "evil regime.”
Nike denies using textiles from Uyghur Muslim camps in China
Nike on Wednesday denied the company was using any type of textiles or spun yarn from the Xinjiang Autonomous Region (XUAR), where China has been accused of holding Uyghur Muslims and other ethnic minorities in forced labor camps.
Nike faces social media storm in China over Xinjiang statement
The social media fallout comes as relations between the United States and China have deteriorated in recent years
Rare Nike sneakers, including Kanye West design, 'Entourage' tribute to hit auction block
Sotheby's is auctioning off a number of rare Nike brand sneakers, including those promoted by major players in entertainment.
Nike shows mixed results as layoffs news follows after earnings release
Nike reported net income of $1.4 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year ago.
Ex-Nike exec's son abused family discounts to pump up sneaker reselling business: Report
Despite being reported to Nike’s Loss Prevention team on multiple occasions, Joe Hebert was reportedly never investigated.
Nike exec steps down after report on son’s $132,000 sneaker purchase
Nike said it plans to announce a new head of its North American geography "shortly."
Nike, other Tiger Woods sponsors react after golf legend injured in car crash
Nike and other prominent sponsors expressed concern for golf legend Tiger Woods after he was seriously injured in a single car crash in Los Angeles County on Tuesday morning.
McDonald's, Nike, Boeing, Wells Fargo latest to share stance on pausing political donations after Capitol riots
A growing list of businesses are pausing or reviewing political contributions in response to efforts against the certification of the Electoral College and the Capitol riot by a group of Trump supporters that followed.
Nike powers through pandemic with digital push
Sportswear giant reports higher profit and revenue, boosted by China and 84% jump in digital sales
Nike, Michael Jordan's brand sign UCLA sponsorship deal
Under the six-year sponsorship agreement in principle, Nike will supply uniforms, footwear, apparel and equipment to 22 of UCLA's 25 varsity athletic teams, while the Jordan Brand will outfit the college's Bruins football team and men's and women's basketball programs with its "Jumpman" product.
UPS slaps shipping limits on Gap, Nike to manage e-commerce surge
The move comes during a holiday season when retailers are increasingly dependent on delivery companies to move online orders as store traffic plummets during the coronavirus pandemic, a dynamic that has shifted power significantly.
Nike, Coca-Cola lobbying to weaken China forced labor bill: Report
The Uyghur Forced Labor Prevention Act passed the House by a 406-3 vote in September