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Third Point Dissolves Share Stake In Pinterest, Nike, DISH Network
Nike, Inc. Declares $0.275 Quarterly Dividend
Nike Says To Start Reselling Used Sneakers From U.S. Shoppers
NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company's operating segments include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse. As of May 31, 2016, the Company focused its NIKE brand product offerings in nine categories: Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Men's Training, Women's Training, Action Sports, Sportswear (its sports-inspired lifestyle products) and Golf. Men's Training includes its baseball and American football product offerings. It also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company sells a range of performance equipment and accessories under the NIKE Brand name.
1 SW Bowerman Dr
Mark G. Parker
Executive Chairman of the Board
John Joseph Donahoe
President, Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
President - Consumer and Marketplace
Andrew M. Campion
Chief Operating Officer
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Four-time Olympic gymnastics champion Simone Biles has signed up with Gap Inc's Athleta brand for a new apparel partnership, ending an almost six-year deal with Nike Inc.
Four-time Olympic champion Simone Biles is leaving Nike Inc's roster of athletes to join a new apparel partnership with Gap Inc's Athleta brand, the Wall Street Journal reported on Friday.
Nike Inc said on Monday it will start refurbishing sneakers - from Vapormaxes to Reacts - returned by shoppers and selling them at cheaper prices, a service offered increasingly by retailers to reduce consumer waste.
Nike Inc said on Thursday a Brooklyn company that made "Satan Shoes" in collaboration with the rapper Lil Nas X has agreed to voluntarily recall the shoes, as part of a legal settlement with the athletics giant.
Nike Inc said on Thursday it has settled a lawsuit against a Brooklyn company that made "Satan Shoes" in collaboration with the rapper Lil Nas X, and that the company has agreed to a voluntary recall.
A federal judge on Thursday sided with Nike Inc in ordering a Brooklyn company to temporarily stop further sales of "Satan Shoes" it produced in collaboration with the rapper Lil Nas X.
* Chinese sportswear shares rally in Hong Kong (Adds detail of problems with websites, reaction)
The supply chain hiccups that dented Nike Inc's third quarter sales are mostly behind them, analysts said on Friday, after executives said the sporting goods giant had adjusted inventories and other areas to avoid a recurrence.
Nike Inc's quarterly sales missed estimates due to shipping issues and a pandemic-related slump at brick-and-mortar stores, and investors were disappointed by the world's biggest athletic shoe maker's full-year revenue forecast.
Nike Inc fell short of Wall Street estimates for third-quarter revenue on Thursday, as higher online demand failed to make up for a slump in sales at brick-and-mortar stores during the COVID-19 pandemic.
Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a credit card in her name to purchase sneakers for his resale company.
U.S. retailers and pharmacies like Walgreens and CVS Health are preparing for a fresh round of "bot" attacks by scalpers hoping to snap up COVID-19 vaccine appointments as they did hoarding Sony PlayStation 5s and Nike sneakers.
U.S. retailers and pharmacies like Walgreens and CVS Health are preparing for a fresh round of "bot" attacks by scalpers hoping to snap up Covid-19 vaccine appointments as they did hoarding Sony PlayStation 5s and Nike sneakers.
Nike Inc said on Friday that full-year revenue will likely be better than previously expected, after COVID-wary shoppers demanding outdoor sportswear drove its third consecutive surge in online sales.
Nike Inc beat estimates for quarterly revenue on Friday, helped by a jump in online demand for sports shoes and apparel as more people engaged in fitness-related activities during the COVID-19 pandemic.
With consumers under lockdown logging into Nike's workout apps and digital store, the Beaverton, Oregon-based company has been able to gather additional data on purchasing habits, personal information and exercise routines of tens of millions of people.
Nike Inc said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world's largest sportswear maker in the midst of the COVID-19 pandemic.
German sportswear firm Puma announced on Tuesday that it has signed a collaboration with British singer Dua Lipa.
The S&P 500 and the Dow opened higher on Wednesday, with Nike hitting a record high following a strong quarterly earnings report, while investors looked to domestic business activity data to gauge the pace of an economic rebound.
Nike Inc's shares were set to open at a record high on Wednesday after the world's largest sports shoemaker posted stellar quarterly results, driven by online sales.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.