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Nike, Inc.

American athletic equipment company

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Nike, Inc.: American athletic equipment company
Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$24.1 billion in its fiscal year 2012. As of 2012, it employed more than 44,000 people worldwide. In 2014 the brand alone was valued at $19 billion, making it the most valuable brand among sports businesses. As of 2017, the Nike brand is valued at $29.6 billion. Nike ranked No. 89 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

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LeBron James' controversial comments 'furthers his brand power in China'

How much is LeBron James’ deal with Nike worth? He makes $32 million annually from the popular apparel and shoe company, according to Forbes.
USATODAY.com - Published

Nike shuts down Oregon Project after ban of coach

Nike Inc [NKE.N] shut down its Nike Oregon Project training group on Thursday, following the recent four-year ban of founder and coach Alberto Salazar by the U.S. Anti-Doping Agency (USADA).
Reuters - Published

Videos for Nike, Inc.

LeBron says Morey 'wasn't educated' when he sent Hong Kong tweet [Video]LeBron says Morey 'wasn't educated' when he sent Hong Kong tweet

LeBron James weighed in on the controversy between China and the NBA in a conflict that has seen Houston Rockets gear removed from Nike and NBA stores in major cities throughout China. Yahaira Jacquez..

Credit: Reuters Studio     Duration: 01:47Published

Stocks pause on trade deal uncertainty [Video]Stocks pause on trade deal uncertainty

U.S. stocks edged lower Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus to the third-quarter earnings season, which begins..

Credit: Reuters Studio     Duration: 01:21Published

Oregon, home of Nike and U.S.athletics hotbed, will host the 2021 World Athletics Championships [Video]Oregon, home of Nike and U.S.athletics hotbed, will host the 2021 World Athletics Championships

Oregon, home of Nike and U.S.athletics hotbed, puts on launch event as host of the 2021 World Athletics Championships

Credit: Reuters - Sports     Duration: 01:50Published

Salazar receives four-year ban for doping violations [Video]Salazar receives four-year ban for doping violations

Alberto Salazar, the former coach to Mo Farah, receives a four-year ban from the U.S. Anti-Doping Agency for doping violations.

Credit: Reuters - Sports     Duration: 01:01Published

Michael Avenatti Backs Off On Subpoena For Nike Docs [Video]Michael Avenatti Backs Off On Subpoena For Nike Docs

Michael Avenatti on Tuesday withdrew his request to subpoena sportswear giant Nike Inc. The move was connected to the federal criminal case accusing the embattled lawyer of extortion. According to..

Credit: Wochit News     Duration: 00:46Published

Top 7 Favorite Brands Of Millennials [Video]Top 7 Favorite Brands Of Millennials

7. Google 6. Samsung 5. Target 4. Walmart 3. Nike 2. Apple 1. Amazon

Credit: Wochit News     Duration: 00:35Published

What to watch in the week ahead [Video]What to watch in the week ahead

Wall Street will key in on the jobs report and speeches by Fed officials in the week ahead.

Credit: Reuters Studio     Duration: 00:56Published

20% Off Code For Nike Sale Going On Now [Video]20% Off Code For Nike Sale Going On Now

Nike is having a huge clearance sale on sneakers and clothes for men, women, and kids. Now through the 28th, save an extra 20% on sale styles by using the promo code " SAVE20" at checkout. Nike's sale..

Credit: Wochit News     Duration: 00:42Published

Serena Williams and Simona Halep warm up for U.S. Open i [Video]Serena Williams and Simona Halep warm up for U.S. Open i

Williams and Halep prepare ahead of the U.S. Open

Credit: Reuters - Sports     Duration: 00:59Published

 

Company creates "Jesus Shoes" out of Nikes, now on sale for $4,000

"JESUS SHOES": A company created this special pair by putting holy water in the soles of Nike Air Max 97 sneakers – and now they're selling for $4,000.
CBS News - Published

Feds seize $2.2 million worth of fake Nike shoes at SoCal seaport

U.S. Customs and Border Protection found 14,806 pairs of shoes on a shipment arriving from China
CBS News - Published

Allyson Felix on breaking record 10 months after giving birth

The sprinter also spoke out on her fight to win more maternity protections from Nike
CBS News - Published

Sprinter Allyson Felix on winning the most world championship gold medals in history 10 months after giving birth

Sprinter Allyson Felix just made history by breaking the record for winning the most world championship gold medals. Felix sped past Usain Bolt's gold medal record at the world track and field..
CBS News - Published

Alberto Salazar updated Nike CEO on trials with banned drugs

Chief executive Mark Parker was kept abreast of testosterone tests on athletes, according to published findings
CBS News - Published

Michael Avenatti withdraws request to subpoena Nike in U.S. extortion case

Michael Avenatti on Tuesday withdrew his request to subpoena Nike Inc in connection with the federal criminal case accusing the embattled lawyer of extortion, after the company said prosecutors already..
Reuters - Published

U.S. calls Michael Avenatti request to subpoena Nike a 'fishing expedition'

U.S. prosecutors urged a Manhattan federal judge to reject Michael Avenatti's request to subpoena Nike Inc, calling it a "fishing expedition" unrelated to a criminal case accusing the embattled lawyer..
Reuters - Published

New England Patriots release Antonio Brown following rape accusation

The New England Patriots released Antonio Brown on Friday, just nine days after his former trainer accused him of rape in a federal lawsuit. Nike also dropped Brown. The player tweeted from the..
CBS News - Published

Nike cuts ties with Patriots WR Antonio Brown amid sexual assault lawsuit

Nike said that Antonio Brown was no longer affiliated with the company, though it did not elaborate on why it no longer sponsors the Patriots WR.
USATODAY.com - Published

Nike drops Antonio Brown after rape allegations

"Antonio Brown is not a Nike athlete," a spokesperson from the company told CBS Boston
CBS News - Published

Kaepernick's Nike commercial wins Emmy

More than a year after the controversial ad first aired, it is being recognized as one of television's best commercials
CBS News - Published

Serena Williams wins New York Fashion Week with daughter Alexis Olympia on the runway

Two-year-old Alexis Olympia Ohanian Jr. made her runway debut in Serena Williams' arms Tuesday, dressed in a black shirt and colorful Nike sneakers.
USATODAY.com - Published

Duke investigation finds no evidence Nike paid Zion Williamson

The school's athletic department found "no evidence to support any allegation" that would have jeopardized Williamson's eligibility
CBS News - Published

Serena Williams and other tennis pros surprise a group of youth players ahead of US Open

Nike brought together 11 of the best professional female tennis players for a "Queens of the Future" event celebrating the growth of women in sport.
USATODAY.com - Published

Avenatti says he did nothing wrongful in Nike extortion case

Michael Avenatti, the lawyer and critic of U.S. President Donald Trump, on Monday said he did nothing "wrongful" in dealing with Nike Inc, and asked a federal judge to dismiss the criminal extortion..
Reuters - Published

Lawyer Avenatti seeks to end 'vindictive' Nike prosecution he blames on Trump feud

Lawyer Michael Avenatti asked a federal judge to dismiss an indictment accusing him of trying to extort Nike Inc , saying he was targeted in a "vindictive and selective prosecution" because of his feud..
Reuters - Published

1972 Nike ‘Moon Shoe’ goes for $475K at auction

Would you believe these Nike’s are the most expensive running shoes ever sold at auction? Buzz60’s Mercer Morrison has the story.
USATODAY.com - Published

Zion Williamson inks deal with Nike's Jordan brand

"I feel incredibly blessed to be a part of the Jordan Brand family," Williamson said in a statement
CBS News - Published Also reported by •USATODAY.com

Nike shoes race to $437,500 world record auction price for sneakers

A pair of 1972 running shoes, one of the first pairs made by Nike Inc , sold for $437,500 on Tuesday, shattering the record for a pair of sneakers at public auction.
Reuters - Published

At $437,500, Nike running shoes smash auction record for sneakers

A pair of 1972 running shoes, one of the first pairs made by Nike, sold for $437,500 on Tuesday, shattering the record for a pair of sneakers at public auction.
Reuters - Published

Big brands like K-Swiss and Nike are jumping on the esports bandwagon

K-Swiss has launched a limited-edition sneaker designed specifically for esports players, with a $125 shoe.
USATODAY.com - Published

Nike store manager accused of racial profiling

The basketball was for their 19-month-old son, who excitedly played with it – until it was taken away
CBS News - Published

Nike's Colin Kaepernick ad is nominated for an Emmy

"Believe in something. Even if it means sacrificing everything," Kaepernick says
CBS News - Published

Sneakers give art a run for its money at first-of-a-kind Sotheby's auction

Move over Monet. Nike is hot on your heels.
Reuters - Published

Nike celebrates USWNT World Cup victory with powerful new ad: 'Never Stop Winning'

Commercial titled "Never Stop Winning" celebrates U.S. Women's National Team's belief in themselves as they captured a fourth World Cup title.
USATODAY.com - Published

Arizona Gov. Doug Ducey dons Nikes 2 days after blasting company over 'Betsy Ross' shoe

Arizona Gov. Doug Ducey sported Nikes just two days after he criticized the company for pulling its "Betsy Ross" flag sneakers.
USATODAY.com - Published

Will Betsy Ross flag-shoe furor hurt or help Nike?

Amid conservative cries for a boycott, analysts say Nike knows its customer base. Hint: It's not Mitch McConnell
CBS News - Published

Nike flag flap leaves conservatives looking for "not so woke" shoes

Its decision to shelve a flag-themed sneaker sparks outrage from Republicans like Ted Cruz and Mitch McConnell
CBS News - Published

Arizona city to still pay Nike millions to open new plant

Mayor of Goodyear, Arizona, appreciates "the emotion and discussion" over Nike controversy but sticks with jobs deal
CBS News - Published

Castro says he was "glad to see" Nike pull Betsy Ross flag shoes

Castro praised Nike's decision to pull shoes with the 13-star American flag in an interview with CBSN
CBS News - Published

USA Women's soccer jersey is Nike's best-selling soccer top

The top is outselling all men's team jerseys, a boost that comes as the women's team is battling for equal pay
CBS News - Published

Nike defends decision to pull Betsy Ross flag shoe

Nike is defending its controversial decision to pull a special edition of Fourth of July sneaker featuring the first American flag. The Air Max 1 sneaker depicted a Revolutionary-era flag on the..
CBS News - Published

Is the Betsy Ross flag a symbol for hate groups? Depends on who you ask

The Betsy Ross flag has emerged as a flash point after Nike decided not to release shoes featuring the flag. Here's the history behind it.
USATODAY.com - Published

Nike pulls "Betsy Ross flag" sneakers amid controversy

Nike was set to sell a new sneaker featuring a 13-star American flag just in time for the Fourth of July. But the company suddenly pulled them. Meg Oliver explains why.
CBS News - Published

Did Kaepernick nix Nike's flag shoes?

Vandals deface the Chicago "Bean," and Nike pulls the flag shoe: Tuesday’s news
USATODAY.com - Published

Arizona cancels incentive for Nike plant after 'terrible decision' to recall sneaker: governor

Arizona's governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world's largest sportswear maker canceled release of a sneaker featuring a..
Reuters - Published

Nike pulls 4th of July flag shoe, reportedly over racial concerns

The sports apparel giant pulled the limited-edition shoe after the Wall Street Journal reported that former NFL quarterback Colin Kaepernick pointed out the 18th-century Betsy Ross flag design harkened..
CBS News - Published

Nike "Betsy Ross" sneakers sell for $2,500 on StockX

Shoe was pulled from stores after Colin Kaepernick reportedly objected to 18th century flag design from slavery era
CBS News - Published

Arizona governor pulls incentives state offered Nike to build plant

"Shameful retreat," Gov. Doug Ducey said of Nike while yanking incentives to build 500-job Nike Air plant near Pheonix
CBS News - Published

Arizona to pull incentive for Nike plant over sneaker recall

Arizona will withdraw incentives for Nike Inc's manufacturing plant in the state after the sportswear maker pulled the release of a sneaker that featured an old version of the American flag, Governor..
Reuters - Published

Nike Pulls ‘Betsy Ross Flag’ Sneaker After Criticism of Slavery-Era Imagery

The decision, which reportedly came after Colin Kaepernick pressed Nike not to release the shoe, ignited a backlash from conservatives.
NYTimes.com - Published

Nike's decision to cancel 'Betsy Ross flag' shoe prompts backlash from Arizona governor

Arizona governor Doug Ducey ripped Nike for its decision to cancel the release of a shoe featuring an early design of the U.S. flag.
USATODAY.com - Published

Nike reportedly pulls flag shoes over concerns from Kaepernick

"Nike has chosen not to release the Air Max 1 Quick Strike Fourth of July as it featured an old version of the American flag,"
CBS News - Published

Michael Avenatti gets trial date over alleged Nike extortion

Lawyer Michael Avenatti, an outspoken critic of U.S. President Donald Trump, is scheduled to go to trial on Nov. 12 in federal court in Manhattan on charges of extorting Nike Inc.
Reuters - Published

Nike "not backing up what they are preaching," Olympian Alysia Montaño says

Olympic runner Alysia Montaño is calling out organized sports and sponsors for allegedly discriminating against pregnant athletes. The seven-time USA champion famously competed in 2014 while eight..
CBS News - Published

Toronto Raptors' Kawhi Leonard sues Nike in battle over a logo

The NBA star argues that the footwear and apparel giant is blocking him from using a logo he believes he owns
CBS News - Published

Kawhi Leonard sues Nike over rights to his logo

Toronto star Kawhi Leonard files federal lawsuit against Nike over logo
USATODAY.com - Published

Avenatti pleads not guilty to extorting Nike, ripping off Stormy Daniels

Lawyer Michael Avenatti pleaded not guilty on Tuesday to charges that he extorted Nike Inc, just hours after entering a not-guilty plea to defrauding porn star Stormy Daniels, the client who propelled..
Reuters - Published

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