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.
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
Under Armour shares sank Tuesday morning after the sportwear maker cut its full-year revenue forecast for North America. As Fred Katayama reports, its quarterly sales in that region also dropped much..
Sneaker collectors, get ready! Geek.com reports that Nike's Kyrie 5 'SpongeBob SquarePants' sneaker will be available on August 10. Kyrie Irving, a fresh Brooklyn Nets NBA player, is known for showing..
Auction house Sotheby's held a first-of-its-kind auction with 100 pairs of the rarest shoes ever produced up for grabs, including a replica of the futuristic self-lacing shoes from the 1989 sequel to..
Prominent conservatives announced a boycott on Nike. The boycott comes after the company pulled a sneaker featuring an early version of the US flag. According to Business Insider, Nike's Air Max 1 USA..
If you're both a Nike and Stranger Things fan, you're in for a treat. Comicbook.com reports that the brands are celebrating the return of Stranger Things to Netflix on July 4th by selling an exclusive..