Russian airstrikes plunge Ukrainians into darkness and hit the largest dam in Zaporizhzhia. Politicians and football fans react to Nike’s new design of England’s football shirt. Hong Kong Watch tells us the region’s national security law completely destroys the little freedom left in the former British colony. Visitors and tourists enjoy blooming almond trees in […]
NEW YORK—Nike is cutting 2 percent of its global workforce, or little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvest its savings into what it sees as big growth areas like sport, health and wellness. Nike, based in Beaverton, Oregon, joins a growing number of companies including Estee Lauder […]
Tiger Woods has gone from “Hello, world,” to saying goodbye to Nike. Woods ended months of speculation by making it official Monday that the partnership between golf’s biggest star and the powerful Swoosh brand is ending after 27 years, a move that raises questions about the future of both in the sport. Woods in a […]
Some soccer cleats are made with kangaroo leather. It’s lighter and more durable than other leather, but its use is declining over concern for the Australian marsupial’s welfare. Nike announced earlier this year that it would stop using the material in its shoes, in the face of a now-shelved bill to ban it in Oregon, […]
A Nike flagship store is closing in Seattle Washington, among other businesses that have closed down in recent years. The locals and some business owners say crime and homelessness are taking a toll on the downtown area.
Nike Inc. on Friday suspended its relationship with Brooklyn Nets star Kyrie Irving and canceled its next Irving-branded shoe release in the aftermath of his promotion of a documentary that some see as anti-Semitic. The Nets had already suspended Irving at least five games after he stopped short of fully disavowing the documentary on two […]
Nike is shutting down its Run Club app in China. The announcement makes Nike the latest western company to start retreating from China. Experts say the country’s stringent COVID-19 lockdown policy is forcing foreign companies to reassess their offerings to the Chinese market.
A pair of Nike Air Ships sneakers worn by Michael Jordan has sold for a record-breaking $1.47 million (£1.07 million) at auction. The basketball star wore the red and white sneakers during his fifth NBA game in his rookie season with the Chicago Bulls on Nov. 1, 1984. The shoes were sold to cards collector […]
OSLO—Norwegian hurdler Karsten Warholm is not against innovation in sports but feels the new carbon-technology shoes are hurting athletes’ credibility, the men’s 400 meters hurdles champion at the Tokyo Olympics told Reuters. Karsten Warholm shaved off his own world record by .76 of a second—a massive margin in a one-lap race—to hold off American Rai […]
Nike might soon run out of sneakers made in Vietnam, according to a new report by S&P Global Market Intelligence. Two of Nike’s factory suppliers shut down production there because of rising CCP (Chinese Communist Party) virus cases.
Celebrity lawyer Michael Avenatti, who you may remember publicly sparring with then-President Donald Trump, was sentenced to 30 months in prison Thursday. A jury found he tried to extort millions of dollars from Nike by threatening the company with bad publicity.
The CEO of Nike said that the corporation is a “brand of China” earlier this week, amid recent allegations of the company being implicated with human rights violations conducted by the Chinese Communist Party (CCP). John Donahoe, the new Nike CEO, while speaking to Wall Street analysts, said that “Nike is a brand that is of […]
Athletes get massive sponsorship contracts just to wear a brand’s clothing or use its equipment when competing. Brands like being associated with top performers. But apparently, Nike’s running shoes are so good, even competing brands let their athletes wear them “to level the playing field.”
New reports say Chinese authorities are blurring out the logos of some American brands on TV after the targeted companies commented on forced labor camps in China’s Xinjiang region. The U.S. trade blacklist is getting longer. Seven Chinese companies have been added and are now blocked from using American technology. At the same time, the […]
“If Xi Jinping doesn’t respect Biden… [Xi] could really push the United States and international community to war,” Gordon Chang told Wide Angle. Political turmoil in Beijing could add to Chinese regime volatility, leading to even more unpredictable and dangerous behavior from their side. The United States and western democracies have recently sanctioned Chinese Communist […]
Nike is one of several brands targeted in a new wave of Chinese boycotts over its position on forced labor in Xinjiang. But major Chinese sports associations risk hundreds of millions of dollars if they follow suit. Hugo Boss is another brand that faces boycotts in China over the issue of Xinjiang cotton. Some cotton […]
