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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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Michael Avenatti, ex-attorney for Stormy Daniels, convicted of trying to extort Nike

The verdict was given after prosecutors said Avenatti attempted to extort up to $25 million from Nike with threats to otherwise harm the company.  
USATODAY.com - Published

U.S. says Michael Avenatti shook down Nike, defense disagrees as extortion trial nears end

Michael Avenatti's extortion trial neared its end on Tuesday as a federal prosecutor said the celebrity lawyer had an "agenda" to shake down Nike Inc by threatening to tar it with corruption..
Reuters - Published

Videos for Nike, Inc.


Yeshaneh smashes women's half marathon world record [Video]Yeshaneh smashes women's half marathon world record

Ethiopian Ababel Yeshaneh knock 20 seconds off the women's half marathon world record in the UAE, wearing a permitted version of the Nike Vaporfly shoe.

Credit: Reuters - Sports     Duration: 01:13Published

Michael Avenatti Found Guilty In Nike Trial [Video]Michael Avenatti Found Guilty In Nike Trial

Lawyer Michael Avenatti was convicted of all three charges concerning his attempts to extort up to $25 million from Nike. He was charged with honest services wire fraud, attempted extortion and..

Credit: Wochit News     Duration: 00:32Published

Michael Avenatti found guilty in Nike extortion case [Video]Michael Avenatti found guilty in Nike extortion case

A U.S. jury on Friday found Michael Avenatti guilty in a criminal trial accusing the celebrity lawyer of trying to extort Nike Inc out of millions of dollars and defraud a youth basketball coach he..

Credit: Reuters Studio     Duration: 02:01Published

Michael Avenatti Guilty [Video]Michael Avenatti Guilty

(Newser) – Michael Avenatti, the combative lawyer who gained fame by representing a porn star in lawsuits involving President Trump, was convicted Friday of trying to extort Nike, per the AP. The..

Credit: Wochit News     Duration: 00:35Published

Prosecutors: Michael Avenatti Shook Down Nike To Deal With 'Mountain Of Debt' [Video]Prosecutors: Michael Avenatti Shook Down Nike To Deal With 'Mountain Of Debt'

Reuters reports celebrity attorney Michael Avenatti’s extortion trial neared its end on Tuesday. A federal prosecutor said Avenatti had an “agenda” to shake down Nike Inc by threatening to tar it..

Credit: Wochit News     Duration: 00:36Published

Fed warns of possible shock from coronavirus [Video]Fed warns of possible shock from coronavirus

The record-long U.S. economic expansion is likely to continue but the coronavirus outbreak poses an unquantifiable risk, the Federal Reserve warned in its latest monetary policy report to Congress...

Credit: Reuters Studio     Duration: 01:36Published

Nike launches new Alphafly to outrun 'tech doping' [Video]Nike launches new Alphafly to outrun 'tech doping'

Nike has launched a new running shoe that complies with limits set by World Athletics after the governing body imposed a landmark ban on a version of the sportswear giant’s Vaporfly shoes that was..

Credit: Reuters Studio     Duration: 01:50Published

Nike unveils Olympic Collection in New York [Video]Nike unveils Olympic Collection in New York

With less than six months until the Tokyo 2020 Olympics kick off, Nike revealed what the USA team will be wearing in a fashion show in New York on Wednesday (February 5) with star players and athletes..

Credit: Reuters Studio     Duration: 01:10Published

Wall Street rebounds from virus fears [Video]Wall Street rebounds from virus fears

U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, following a sharp selloff last week sparked by concerns about..

Credit: Reuters Studio     Duration: 01:41Published

Avenatti Could Get Up To Forty Years In The Slammer [Video]Avenatti Could Get Up To Forty Years In The Slammer

Michael Avenatti was on the hunt for a big payout when he demanded millions of dollars for himself from Nike Inc. That's what a federal prosecutor told jurors on Wednesday in his opening argument at..

Credit: Wochit News     Duration: 00:34Published

The Oscars Planning Kobe Bryant Tribute, Nike Sells Out of Kobe Merchandise & Late Night Honors Basketball Legend | THR News [Video]The Oscars Planning Kobe Bryant Tribute, Nike Sells Out of Kobe Merchandise & Late Night Honors Basketball Legend | THR News

The Oscars have a tribute set for Kobe Bryant, Nike sells out of Kobe merchandise and late night hosts emotionally honor the basketball icon.

Credit: The Hollywood Reporter     Duration: 03:51Published

Critics Are Slamming Sneakerheads Who Have Inflated The Price Of Kobe Bryant Sneakers Following His Death [Video]Critics Are Slamming Sneakerheads Who Have Inflated The Price Of Kobe Bryant Sneakers Following His Death

In the past 24 hours, Kobe Bryant branded merchandise has skyrocketed in value. The demand for products bearing the late NBA star's name has risen since news broke of his sudden death on Sunday...

Credit: Wochit News     Duration: 00:32Published

Nike Pays Tribute To Kobe [Video]Nike Pays Tribute To Kobe

On Sunday, Nike paid tribute to Kobe Bryant, who died in a helicopter crash. Nike said Bryant was "one of the greatest athletes of his generation." They also called him "a beloved member of the Nike..

Credit: Wochit News     Duration: 00:30Published

Avenatti Faces His Own Day In Court [Video]Avenatti Faces His Own Day In Court

Michael Avenatti was an outspoken, self-described nemesis of President Donald Trump while representing adult film actress Stormy Daniels. Now, Reuters reports the 48-year-old celebrity lawyer faces an..

Credit: Wochit News     Duration: 00:35Published

'They're fast.' Too fast? A runner's Nike problem [Video]'They're fast.' Too fast? A runner's Nike problem

Holly Grundon "smashed" her own record after she ran a marathon in Nike's Vaporfly running shoes. Its controversial tech is a headache for pro and amateur athletes alike.

Credit: Reuters Studio     Duration: 01:44Published

Avenatti Wins, Loses At Manhattan Pre-Trial Hearing [Video]Avenatti Wins, Loses At Manhattan Pre-Trial Hearing

Federal prosecutors won't be allowed to try to show that Michael Avenatti’s heavy debts gave him a motive to extort Nike Inc. US District Judge Paul Gardephe's ruling in Manhattan on Wednesday gave a..

Credit: Wochit News     Duration: 00:42Published

Nike can gain from Vaporfly controversy: analysts [Video]Nike can gain from Vaporfly controversy: analysts

A controversy over Nike’s hyper-advanced Vaporfly shoes that some say give runners an unfair advantage could boost sales, especially among amateurs hoping for more spring in their step who would not..

Credit: Reuters Studio     Duration: 01:25Published

Avenatti Arrested in California [Video]Avenatti Arrested in California

Life keeps getting hard for disgraced attorney Michael Avenatti. The once celebrated attorney was arrested on Tuesday. He's been accused of violating the terms of his release from custody. Avenatti is..

Credit: Wochit News     Duration: 00:38Published

Just Do It? US Judge Rules On Avenatti's Motion To Delay Nike Extortion Trial [Video]Just Do It? US Judge Rules On Avenatti's Motion To Delay Nike Extortion Trial

A US judge on Tuesday rejected Michael Avenatti’s request to delay his upcoming criminal trial in Manhattan. Scheduled for January 21st, 2020, the trial concerns whether the celebrity lawyer tried to..

Credit: Wochit News     Duration: 00:38Published

Avenatti Ordered To Face Fraud Charges [Video]Avenatti Ordered To Face Fraud Charges

More bad news for disgraced attorney Michael Avenatti. A U.S. judge rejected his bid to dismiss a criminal charge that he defrauded a client. The client said he knew about improper payments that Nike..

Credit: Wochit News     Duration: 00:34Published

Nike Wants Its Execs To Steer Clear Of Michael Avenatti Trial [Video]Nike Wants Its Execs To Steer Clear Of Michael Avenatti Trial

Reuters reports Nike Inc is asking a judge, "Just Not Do It." The sportswear giant asked a judge to block Michael Avenatti from having five of its sports marketing officials testify at his criminal..

Credit: Wochit News     Duration: 00:37Published

Colin Kaepernick's Nike Shoes Sell Out Immediately Online [Video]Colin Kaepernick's Nike Shoes Sell Out Immediately Online

On Dec. 24, Nike released customized Air Force 1 sneakers in collaboration with Colin Kaepernick.

Credit: Cover Video STUDIO     Duration: 01:20Published

 

U.S. says Michael Avenatti's 'agenda' was to extort Nike, as trial nears end

Michael Avenatti had an "agenda" to shake down Nike Inc for millions of dollars by threatening to tar the apparel company with corruption allegations, a prosecutor said on Tuesday near the end of the..
Reuters - Published

Coach who hired Michael Avenatti says he wanted to expose Nike, not in press conference

The government's star witness in Michael Avenatti's extortion trial conceded on Friday he wanted to expose Nike Inc's alleged illegal payments to families of college basketball recruits long before he..
Reuters - Published

Coach tells U.S. jury he never wanted Michael Avenatti to hold Nike press conference

The youth basketball coach who hired Michael Avenatti to represent him in negotiations with Nike Inc said at the celebrity lawyer's extortion trial on Thursday he became "very, very upset" upon..
Reuters - Published

Alberto Salazar, former Nike coach, suspended by U.S. Center for SafeSport

Salazar's suspension comes nearly three months after former high school track phenom Mary Cain went public with accusations about abuse.
USATODAY.com - Published

Nike faces SEC probe over illicit payment claim: Bloomberg

A lawyer for Michael Avenatti told a jury that Nike Inc was being probed by the U.S. Securities and Exchange Commission (SEC) over claims that it made illicit payments to elite youth basketball..
Reuters - Published

At trial, U.S. says Avenatti's greed fueled Nike extortion; defense says tenacity is no crime

Michael Avenatti was bent on a big payday when he demanded millions of dollars for himself from Nike Inc, a federal prosecutor told jurors on Wednesday in his opening argument at the extortion trial of..
Reuters - Published

Nike says Kobe Bryant merchandise sold out on website

Nike Inc's Kobe Bryant merchandise was sold out on its website, the company said on Tuesday, following reports the company had pulled products branded by the NBA star who died in a helicopter crash on..
Reuters - Published

Focus on Avenatti, U.S. judge says, as Trump critic's Nike extortion trial begins

The judge overseeing Michael Avenatti's extortion trial said the case should not focus on Nike Inc's alleged corruption or devolve into celebrity name-dropping, as jury selection began for the case..
Reuters - Published

Explainer: What to expect at Michael Avenatti's Nike extortion trial in New York

Michael Avenatti, the celebrity lawyer and self-described high-profile nemesis of U.S. President Donald Trump, faces a trial on charges he tried to extort Nike Inc and defrauded a youth basketball..
Reuters - Published

U.S. trial accusing Trump foe Avenatti of Nike extortion kicks off

Lawyers in the extortion case of Michael Avenatti are expected on Monday to begin choosing jurors who will decide the fate of the celebrity lawyer and prominent critic of U.S. President Donald Trump.
Reuters - Published

Judge excludes Trump critic Avenatti's financial strains from Nike extortion trial

A U.S. judge on Wednesday said federal prosecutors may not try to show that Michael Avenatti's heavy debts gave him a motive to extort Nike Inc, giving a victory to the celebrity lawyer as he prepares..
Reuters - Published

Trump antagonist Avenatti's bail is revoked; unhappy NY judge delays Nike extortion trial

A federal judge on Wednesday revoked Michael Avenatti's bail after the celebrity lawyer and critic of U.S. President Donald Trump was accused of hiding money from creditors, triggering a delay in a..
Reuters - Published

Trump antagonist Avenatti's bail is revoked, threatening Nike trial in New York

A federal judge on Wednesday revoked Michael Avenatti's bail after he was accused of fraudulently hiding $1 million from creditors, threatening a separate trial of the celebrity lawyer and critic of..
Reuters - Published

New fraud allegations against Trump antagonist Avenatti threaten Nike trial in NY

Celebrity lawyer Michael Avenatti's arrest on allegations he engaged in fraud and money laundering by hiding $1 million from creditors while on bail threatens the upcoming trial of the critic of U.S...
Reuters - Published

Trump antagonist Avenatti's extortion trial in New York may be delayed after arrest

Michael Avenatti's criminal trial for trying to extort Nike Inc may be delayed following the celebrity lawyer's unexpected arrest late on Tuesday in California for allegedly violating his bail..
Reuters - Published

Arrested Trump foe Avenatti must face 'vindictive' Nike extortion case in NY

A federal judge on Wednesday rejected Michael Avenatti's bid to dismiss criminal charges accusing him of trying to extort Nike Inc , after the celebrity lawyer claimed he was targeted in a "vindictive"..
Reuters - Published

Michael Avenatti, former lawyer for Stormy Daniels, arrested in California

Celebrity lawyer Michael Avenatti was arrested on Tuesday on accusations that he violated the terms of his release from custody while awaiting trial on charges that he sought to extort millions of..
Reuters - Published

U.S. judge rejects Michael Avenatti request to delay Nike extortion trial

A U.S. judge on Tuesday rejected Michael Avenatti's requestto delay a scheduled Jan. 21 criminal trial accusing thecelebrity lawyer of trying to extort Nike Inc.
Reuters - Published

U.S. rejects Avenatti claim that 'document dump' justifies Nike trial delay

U.S. prosecutors on Monday rejected Michael Avenatti's claim that they overwhelmed him with large amounts of material for the Jan. 21 trial accusing the celebrity lawyer of trying to extort Nike Inc ,..
Reuters - Published

Avenatti objects to U.S. 'document dump,' seeks possible Nike trial delay

Celebrity lawyer Michael Avenatti wants a U.S. judge to exclude large amounts of material that federal prosecutors produced recently for his trial accusing him of trying to extort Nike Inc, or else to..
Reuters - Published

Michael Avenatti fails to narrow Nike indictment; U.S. judge cites Cosby case

A U.S. judge on Monday rejected Michael Avenatti's bid to dismiss two of the three counts in an indictment accusing the celebrity lawyer of trying to extort Nike Inc by threatening to reveal its..
Reuters - Published

Celebrity lawyer Avenatti fails to narrow Nike extortion indictment

A U.S. federal judge on Monday rejected Michael Avenatti's bid to dismiss two of the three counts in an indictment accusing the celebrity lawyer of trying to extort Nike Inc.
Reuters - Published

Avenatti says evidence he's cash-strapped doesn't belong in Nike extortion trial

Michael Avenatti does not want U.S. prosecutors to present evidence at his criminal trial this month that his alleged financial straits, including an inability to pay child support, gave the celebrity..
Reuters - Published

Nike seeks to keep marketing executives out of Michael Avenatti trial

Nike Inc asked a judge to block Michael Avenatti from having five of its sports marketing officials testify at his upcoming criminal trial, calling their testimony irrelevant to whether the California..
Reuters - Published

Colin Kaepernick's new 'True to 7' Nike sneaker sells out in minutes. The sole of the right shoe has a sly NFL callout

The "True to 7" sneaker features an embroidered portrait of the former NFL quarterback on the heel and a callout to the NFL on the right shoe's sole.
USATODAY.com - Published

17 can't-miss deals from Nordstrom's huge end of year sale

Nordstrom's Half-Yearly Sale is back and you can score end of year discounts on cult-favorite necessities from Barefoot Dreams, Ugg, Nike, and more.
USATODAY.com - Published

Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion

California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than $15 million in debt when he allegedly tried to..
Reuters - Published

Lawyer Avenatti asks U.S. judge to dismiss new fraud charge

Lawyer Michael Avenatti on Friday urged a federal judge to dismiss a criminal fraud charge accusing him of misleading a client as part of his alleged effort to extort Nike Inc.
Reuters - Published

Nike is launching shoes for 'everyday heroes' in nursing, medical professions

Designed for on-the-ground athletes like nurses and doctors, the new Nike Air Zoom Pulse will make 12-hour hospital shifts a little easier.
USATODAY.com - Published

Michael Avenatti faces new fraud charge in Nike extortion case

Federal prosecutors on Wednesday unveiled a new fraud charge against lawyer Michael Avenatti, accusing him of lying to a client as part of his alleged effort to extort Nike Inc.
Reuters - Published

Nike shoes won't be sold on Amazon anymore

Nike's direct sales to consumers are growing, and some analysts say its split with Amazon could curb counterfeiting
CBS News - Published

Former Nike runner Mary Cain alleges emotional and physical abuse from Oregon Project

American professional runner Mary Cain alleged that she was "emotionally and physically abused" by Nike's Oregon Project and coach Alberto Salazar.
USATODAY.com - Published

Track star Mary Cain alleges physical and emotional abuse by Nike coach

Mary Cain, a world championship runner, is talking about the alleged abuse she endured at the hands of Nike and one of its former coaches, Alberto Salazar. Speaking to the New York Times, the track..
CBS News - Published

Nike investigating "troubling" allegations by Mary Cain

Former Nike Oregon Project runner claims abusive training led to physical injuries and psychological problems
CBS News - Published

As the U.S. and China clash, Nike walks a tightrope

The athletic gear company's surging growth in China puts it in a tough spot — caught in the geopolitical crossfire
CBS News - Published

Mike Pence blasts NBA, Nike for 'silencing free speech' about Hong Kong protests

Vice President Mike Pence called out the NBA and Nike for "silencing free speech" about Hong Kong protests.
USATODAY.com - Published

Pence backs Hong Kong protests in China speech, slams NBA and Nike

U.S. Vice President Mike Pence on Thursday accused China of curtailing "rights and liberties" in Hong Kong and blasted U.S. company Nike and the National Basketball Association for falling in line with..
Reuters - Published

Pence Says N.B.A. and Nike Left ‘Conscience at the Door’ Over China

In a wide-ranging speech on the Trump administration’s China policy, the vice president said the companies should adhere to American values.
NYTimes.com - Published

Pence calls out Nike, NBA for kowtowing to China

Vice President Mike Pence has taken a swipe at Nike and the NBA in a speech criticizing China’s record on trade and human rights. Pence accused the basketball league of acting like a “subsidiary”..
USATODAY.com - Published

Nike "Vaporfly" sneakers investigated for boosting athletic performance

Nike "Vaporfly" sneakers are under investigation by the International Association of Athletics Federations for possibly boosting the performance of runners. Axios sports editor Kendall Bakers joined..
CBS News - Published

Nike CEO Mark Parker to step down

Sporting gear company announces leadership change, with longtime chief set to leave the top post early next year
CBS News - Published

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

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

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