Jordan Growth, China Stagnation: How Nike Changed Under Donahoe
Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward direct-to-consumer sales has gotten much of the attention…
Nike
Nike CEO John Donahoe Is Replaced by Elliott Hill
Nike has replaced CEO John Donahoe with former Nike executive Elliott Hill, according to the $51 billion-in-revenue sportswear giant. Hill will take over effective Oct…
Nike Sponsors 17 of the Top 25 College Football Teams
To the most devoted sports fan, the atmosphere of college football is unmatched. The bitter rivalries, the unwavering pride in one’s alma mater, the electric bowl games…
Exclusive
Fanatics Adds Former Nike President Trevor Edwards to Its Board
Fanatics has added longtime apparel executive Trevor Edwards to its board. The former president of Nike Inc., Edwards will join the nine-person board immediately…
Chicago Can’t Dunk Michael Jordan Laser-Light Display Lawsuit
On the heels of U.S. District Judge Steven C. Seeger partially denying Nike’s motion to dismiss a lawsuit over a failed laser-light show for the 2020 NBA All-Star Game…
Michael Jordan Light Show Lawsuit Lives on From 2020 All-Star Game
The 2020 NBA All-Star Game in Chicago was one of the last major sporting events before the COVID-19 pandemic arrived. It also, a federal judge in Illinois…
A’ja Wilson Opens Up About Landing a Nike Signature Shoe Deal
This story was exclusively published by Footwear News on Aug. 1, 2024. On set at Blok Photo Studio in Phoenix, photographer Flo Ngala asks A’ja Wilson to give her…
NFL Star Amari Cooper’s Apparel Firm Takes Aim at Sneaker Giants
A couple of days before the Cleveland Browns’ season-ending playoff loss to the Houston Texans in January, Amari Cooper walked into the team locker room to greet his…
Beckham Jr. Actually Gets $0 From Nike Endorsement Lawsuit Trial
Odell Beckham Jr.’s post on Instagram Thursday evening declared that “JUSTICE WAS SERVED!!!” in his $20 million breach of contract case against Nike, which implied the…
Adidas Beats Estimates Amid Turnaround as Nike Woes Continue
Adidas announced preliminary results for its second quarter on Tuesday that reflect the continued turnaround at the German sportswear giant. Revenue for the three months…
Analyst: Adidas Is Benefiting From Nike’s Latest Troubles
Nike’s biggest competitor is picking up wins as the Swoosh struggles to regain momentum, according to Footwear News. In a Friday note to investors, Wedbush analyst…
Nike Revenue Disappoints, but Jordan Brand Hits $7B for Year
Expectations were modest for Nike ahead of its fourth-quarter earnings report, and the company still whiffed on that low bar. Wall Street analysts expected flat…
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