Nike
Nike considers sale of Hurley brand
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
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
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
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
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)
Nike names G. Scott Uzzell Head of Converse
Effective from the 22nd of January G. Scott Uzzell will become President & CEO of Converse, Inc. Uzzell comes to Converse from The Coca-Cola Company where he most recently served as President, Venturing & Emerging Brands Group (VEB)
Nike beats expectations
The Oregon-based sportswear giant reported earnings rising by 10.4% in the second quarter. A 9.6% revenue gain was registered. Earnings and revenues both topped expectations as margins improved and strong sales were witnessed in North America and China
Double-digit growth for Nike's revenue
The Oregon-based sportswear giant has announced results for the fourth quarter and fiscal 2018. Revenue grew by 13% in the last quarter pf the year. Year closed with a 6% increase in revenue
Nike to sell on Jet.com
Walmart-owned Jet.com will start offering Nike product in October ahead of the holiday season as part of a relaunch focused on urban dwellers. Converse will also be available
Nike Vaporfly 4%: boosting running economy
According to studies from both the New York Times and the journal Sports Medicine, Vaporflys do improve running times considerably, but questions are being raised: is this ethically acceptable?
Nike appoints new Chief Sustainability Officer
Sportswear group Nike has appointed Noel Kinder as its new Chief Sustainability Officer (CSO), effective from the 5th of September onwards
Nike is working on customer engagement
The US-based sportswear giant is set to bring back in-store traffic through Nike Live, a new tech-driven concept store at the intersection of digital and physical retail
Nike's recovery in the last quarter
Fourth quarter revenue increased by 13% totaling 9.8 billion US dollars, driven by strong double-digit revenue growth in international markets and Nike Direct globally and a return to growth in North America
Nike refuses to supply Iran for World Cup
Nike won’t be providing cleats for Iran’s national team to abide by US reinstated sanctions on Iran. Seeing footballers compete barefoot for a world title would be a first-
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