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01 Apr, 2020
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Nike Will Not Supply Iran's Soccer Team Ahead of World Cup
One week out from the World Cup and international tensions are rising as Nike Inc (NYSE: NKE), an American sportswear giant, said their cleats won’t be provided for the Iranian National team following the Trump administration’s plan to r..
Nike Shares Up After Earnings
NIKE, Inc. (NYSE: NKE) stock jumped more than 6% after the popular copmany has reported financial results for its fiscal 2018 third quarter ended February 28, 2018. Revenue growth was led by international geographies and NIKE Direct globally. The co..
Nike Executive Resigns Amid Inappropriate Behavior Complaints
Nike Inc.’s (NYSE: NKE) brand president, Trevor Edwards will resign and leave the company effective in August amid inappropriate workplace complaints, reports The Wall Street Journal, citing a Nike spokeswoman.The Journal cited an internal mem..
Adidas Increases Focus to Up U.S. Market Share
When people think of Adidas in the U.S., sportswear, sneakers, and the infamous trackpants immediately come to mind. The German sportswear maker plans to increase its U.S. market share to around 15-20% in the new year from the approximate 10% that m..
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