World Footwear

Nike

Nike is ending its two-year deal with Amazon

Nov 14, 2019 / United States
The US-based athleticwear brand will end the partnership initiated in 2017 with Amazon and stop selling its products directly on Amazon’s website

Nike is selling Hurley to Bluestar Alliance

Nov 1, 2019 / United States
The Oregon-based sportswear giant has reached a definitive agreement to sell the Hurley brand to Bluestar Alliance LLC. Transaction is expected to be complete in December

24 new companies join the Fashion Pact

Oct 29, 2019 / France
Signatory companies of the Fashion Pact have met in Paris for a first working meeting and 24 more companies joined the group

Skechers wins in Converse lawsuit

Oct 24, 2019 / United States
The judge of the case found no violation of the Chuck Taylor trademark by any of the Skechers styles in case and Skechers issued a release on the matter

Mark Parker to step down as Nike's CEO

Oct 23, 2019 / United States
The sportswear giant announced Board Member John Donahoe will succeed Mark Parker as President & CEO in 2020. Parker will become Executive Chairman of Nike

Nike is sizing down production in Argentina

Oct 17, 2019 / Argentina
According to reports by Argentina-based newspaper Pagina 12 the US-based sportswear giant is reducing its local production. Replacing the local capacity by imports might be on the pipeline

Umbro extends South America license

Oct 15, 2019 / South America
The owner of the brand, Iconix Brands Group, has announced a ten-year extension of Umbro’s licensing agreement with long-time partner Grupo Dass

Jesus Shoes sold out in a minute

Oct 11, 2019 / United States
With holy water from the Jordan River on the sole, the Jesus Shoes sold out in a minute. The base model, the Nike Air Max 97 has a selling price around 160 US dollars

Nike with new initiatives to tackle climate change

Sep 25, 2019 / United States
The sportswear giant has announced new initiatives of the Move to Zero program. Nike claims this translates their aggressive effort to combat climate change

Nike with another strong quarter

Sep 25, 2019 / United States
Revenue increased to 10.7 billion US dollars in the first quarter, up by 7% on a reported basis and up by 10% on a currency-neutral basis, driven by growth across all geographies

Nike considers sale of Hurley brand

Jul 26, 2019 / United States
One of the word's largest sportswear is exploring options for surf wear brand Hurley, part of its portfolio since 2002. Sale is amongst the options

Nike with revenue growth

Jul 3, 2019 / United States
The sportwear giant reported financial results for its fiscal 2019 fourth quarter and full year. Revenue increased in both periods, mainly as a result of strategic investments in innovation and digital

New Global Chief Digital Information Officer at Nike

Jun 17, 2019 / United States
Effective from today, Ratnakar Lavu will become the company’s first Global Chief Digital Information Officer. He will report to Eric Sprunk, Nike's Chief Operating Officer

Nike to move into new London headquarters

May 1, 2019 / United Kingdom
With the lease on its current UK headquarters set to expire in 2020, the US-based sportswear has reportedly signed a long-term lease for a new 11-storey building in the North London district of King’s Cross

Nike reports strong growth

Mar 25, 2019 / United States
The Oregon-based sportswear giant reported financial results for its fiscal third quarter. Revenue increased by 7% totalling 9.6 billion US dollars (up by 11% on a currency-neutral basis)
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