Page 2 - Nike

A casual adidas sneaking past Nike?

Terrace-style sneakers, rooted in football fashion and casual culture, are experiencing a resurgence in

US Supreme Court declines to hear Nike, Adidas tech patent dispute

Adidas petitioned the patent office tribunal to cancel one of Nike's patents related to making seamless knitted upper components for athletic sneakers in 2012

Fortnite's collab with Nike's NFT platform won't involve in-game NFTs

Video game company Fortnite collaborated with Nike's NFT platform, .Swoosh. The alliance doesn't integrate NFTs but involves crypto elements.

Adidas to replace KKPL as the new kit sponsor of Indian cricket team

In January, KKPL had replaced e-sports platform MPL Sports as the kit sponsor, its contract will expire on May 31

Nike, Adidas shoes maker Pou Chen to invest nearly $281 mn in India

The investment, which would create about 20,000 jobs in Tamil Nadu over a span of 12 years

NCLAT set aside Nike India's plea to initiate insolvency against its dealer

The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed a petition filed by Nike India to initiate insolvency proceedings against one of its dealers. A two-member NCLAT bench upheld the orders of the National Company Law Tribunal (NCLT), which on December 22, 2022, rejected the footwear and apparel maker's plea to initiate the insolvency proceedings against its distributor on the ground of pre-existing dispute. The appellate tribunal further said it was "not satisfied with the submission of the Appellant (Nike India) that dispute is a moonshine dispute." However, the NCLAT said Nike India is free to take recourse to the mechanism as provided in the Distributorship Agreement for realisation of its dues. Nike India, an operational creditor had issued a notice under section 8 of the Insolvency & Bankruptcy Code (IBC) claiming an amount of Rs 3.15 crore. In its reply, Nike India's claim was disputed by Enkay Brand Distribution. On this, Nike India said it was a ...

Layoffs hit Nike, impacted workers share personal experience on LinkedIn

The employees posted on LinkedIn after Nike announced the resignation of Ratnakar Lavu, the top technology executive at the company

Indian edtech major Simplilearn trains its sights on boot camps

The Indian edtech major is gearing up to compete with global majors in the space

Wall Street rises as bank shares rally, Nike boosts Dow Jones

Nine of the 11 major S&P sectors were up in early trading with financials and consumer discretionary rising the most.

Liverpool hails 'strong' financial position despite $6 million loss

The club, owned by American businessman John Henry, said it has invested more than 130 million pounds ($174 million) in infrastructure over the past three years

Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTs

Nike said StockX's NFTs infringe its trademarks and are likely to confuse consumers

Wall Street rebounds from Omicron selloff after strong Nike, Micron results

The Dow Jones Industrial Average rose 539.76 points, or 1.55%, to 35,471.92, the S&P 500 gained 72.79 points, or 1.59%, to 4,640.81

Nike beats revenue estimates on strong North America demand

Nike's second-quarter sales in North America, its largest market, jumped 12%, as a reopening U.S. economy and the roll out of vaccines gave people confidence to rush back to stores

Wall Street rally fizzles out as Evergrande worries persist; Nike drops

Nike slips after cutting full-year sales estimate; crypto firms fall as China's crackdown deepens

ASICS Gel-Kayano 28 review: A stable and smooth running experience

Reasonably priced for the kind of tech it offers, this pair of shoes offers sheer comfort, if you're getting back to running and want to keep injuries and pain at bay

Adidas 4DFWD review: Imagination and experimentation on a future-tech shoe

This pair delivers on both comfort and performance, offering a good bounce and absorbs the impact well

Adidas sells Reebok to US firm Authentic Brands Group in $2.5 billion deal

The majority of the price will be paid in cash at closing, with the rest coming as deferred and contingent consideration, the companies said Thursday in a statement

Nike loses Court spat over European Union's crackdown on tax affairs

The European Commission complied with procedural rules when it decided to scrutinize the sportswear giant, the EU's General Court ruled on Wednesday, dismissing Nike's appeal

Nike forecast for online sales boom, post-lockdown demand drives shares up

The sneaker maker's shares rose nearly 13% after the bell as the company also posted better-than-expected quarterly earnings and revenue

US senator chides Apple, Nike for 'using forced labour' from China

A US senator on Thursday slammed top American companies including Amazon, Nike and Apple for using forced labour from China, accusing them of making Americans complicit in Beijing crimes against Uyghurs.Speaking at a Senate Foreign Relations Committee hearing on China's crackdown on Uyghurs and other Muslim minorities in its western Xinjiang region, Republican Senator Marco Rubio said: "For far too long companies like Nike and Apple and Amazon and Coca-Cola were using forced labour.""They were benefiting from forced labour or sourcing from suppliers that were suspected of using forced labour," Rubio said. "These companies, sadly, were making all of us complicit in these crimes. That is why it is critical to Senate quickly passed our Uyghur forced labour prevention act to ensure that the goods made by forced labour or Uyghurs forced labour to enter our markets and make all American unwilling accomplice," he added.Recently, several companies including H & M and Nike said that they ..