All Nike articles – Page 8
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News briefsNike veteran joins Altra Running as Global Head of Product
Altra Running, part of VF Corp., has hired Kylee Barton, a nearly 20-year Nike veteran, as its new Global Head of Product.
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News briefsAnother shareholder lawsuit against Nike looming
Nike, along with President and CEO John Donahoe and CFO Matthew Friend, could be facing another class action lawsuit.
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News briefsNike at Centre Pompidou in Paris
Source: Nike Cycloide Piazza by Raphael Zarka Nike is partnering with the Centre Pompidou to celebrate sports and culture. The US brand will transform the art center’s façade into a canvas that showcases stories of sport. Nike will also open its “Art of Victory” exhibition on July ...
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News briefsNike reshuffles management teams
Nike promoted Tom Clarke to the role of Senior Advisor on Strategic Growth Initiatives, reporting to President and CEO John Donahoe.
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News briefsNike hires former executive to get retail back on track
According to Bloomberg, Nike rehired the retired executive Tom Peddie to oversee retail partnerships after sales dropped when relationships with sneaker sellers went down.
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News briefsNike opens another store in Barcelona
Nike is opening an 800-sqm store at the Aura building at Francesc Macià Plaza in Barcelona, Spain, according to Palco23 and Expansión. The building was home to El Corte Inglés until 2021. That retailer’s grocery store is still operating on the premises. This is Nike’s second-biggest store in the city, ...
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ArticleAddressing physical inactivity: Nike’s strategic approach to inspiring youth
In an exclusive interview, Nike’s Rosalyn Menon Kennedy reveals the company’s initiatives to promote an active lifestyle among youth.
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News briefsLululemon victorious in court against Nike
Once again, The United States Patent and Trademark Office’s Patent Trial and Appeal Board (PTAB) sided with Lululemon and canceled claims in two Nike patents that cover methods for calculating fitness scores from sensor data. The board ruled five claims of patent number 10,188,930 and eight claims of patent number ...
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ArticleNike will aim to recapture mojo with innovation as it lowers FY25 outlook
Nike shares tumbled to their lowest level in 636 days to $82.66 in after-hours trading last evening after the company reported a 2 percent drop in Q4 revenues and flat sales in FY24 ended May 31. Ahead of the group’s earnings announcement, which included a downward revision to its FY25 ...
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ArticleDriven by purpose: the social impact of sport
Sport is a powerful force for positive social change, promoting inclusion, teamwork, and mental wellbeing. From grassroots initiatives to global campaigns, leading brands like Nike, Puma, and Adidas are using their platforms to foster community, support equality, and champion important social causes.
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News briefs3D display at Nike’s Paris store
We learn from Retail Technology Innovation Hub that Nike has set up 3D holograms at its Paris store, the House of Innovation, to promote its new Air Max Dn sneaker. To handle the set-up, Nike hired Hypervsn, a specialist in 3D displays and “phygital” marketing with headquarters in the UK, ...
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News briefsNike and Hyperice partner on gear designed to ease warm-up and recovery
Nike has teamed up with Hyperice, a California-based wellness brand specializing in therapy technology, to create boots and a vest designed “to take warm-up and recovery to the next level.” The Nike x Hyperice Boot is a high-top shoe that offers heat and dynamic air-compression massage on demand for the ...
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News briefsShareholders sue Nike
Nike, its President and CEO, John Donahoe, as well as its CFO, Matthew Friend, were sued in Oregon District Court by the Pembroke Pines City Pension Fund for Firefighters and Police Officers for misleading their investors by concealing Nike’s problems with Nike Direct and its DTC strategy. The company’s results ...
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ArticleIntersport, Decathlon largest clothing retailers in France
Over the past 24 years, the sporting goods chains Intersport and Decathlon have become the leading retailers of clothing in France, overtaking hypermarkets, which used to control a combined 20 percent of the clothing market in 2000, according to the study Référenseigne Fashion carried out by Kantar, a group of ...
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News briefsNike fails to retain “footware” trademark
The General Court of the European Union has sided with Puma against Nike’s attempt to trademark the capitalized word “Footware” as a play on software/hardware and footwear, according to the Wall Street Journal. Nike obtained the trademark from the UK High Court in mid-2021, but Puma has been arguing that ...
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C-Suite InterviewCommunity first: Why Snipes is much more than just a retailer
Dennis Schröder’s vision takes Snipes beyond retail. Discover how community engagement drives the company’s success.
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News briefsNike Athlete Think Tank includes elite coaches
In March 2022, Nike launched the Nike Athlete Think Tank, a platform designed to support women and girls in sports. Since then, women athletes like Ada Hegerberg (soccer) and Shelly-Ann Fraser-Pryce (track and field) have helped athletes in 20 different community organizations. Now in its third year and for the ...
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News briefsAdidas’ stripe lawsuit against Nike all but nullified
According to Reuters and others, a second appeal in Adidas’ lawsuit against Nike, first filed in 2022, has gone in favor of Nike. This lifts most of the prohibition, set by a regional court in Düsseldorf, on Nike’s use of two or three stripes on five models of pants in ...
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News briefsNike implements job cuts at European headquarters
Nike is, according to Bloomberg, implementing layoffs across its European headquarters as part of a global strategy to reduce operational costs by $2 billion. The job cuts, impacting roughly 2 percent of its workforce worldwide, have already seen around 750 employees dismissed from its Beaverton, Oregon headquarters. The reduction extends ...
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News briefsSportsshoes.com announces 11% increase in sales, 663,000 new customers in last 12 months
SportsShoes.com has achieved an 11 percent year-on-year increase in turnover to £90m (€105.6 million) and acquired 663,000 new customers in 12 months. The retailer also secured 749,000 orders from repeat customers during the same period. SportsShoes.com offers more than 17,000 products from 150 running and outdoor brands, including Nike, Adidas ...
