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.
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
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..
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..
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
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. 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
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
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 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
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
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
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
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
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
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