Nike to debut its own platform for web3 wearables

Sports brand Nike already is one of the most successful brands in web3. Now, it’s going to promote virtual shoes and other items on its own platform. Currently in beta but expected to laun...

Thunder Unveil 2022-23 City Edition Uniforms Honoring Oklahomans

Zach Beecher, Oklahoma City Thunder NBAE In partnership with Nike and the NBA, all 30 teams around the league today unveiled their 2022-23 Nike NBA City Edition uniforms, which represent the stories, ...

Chicago Bulls Unveil Latest ‘City Edition’ Uniform

DeMar DeRozan – Nike NBA 2022-2023 City Edition Jersey Chicago Bulls The Chicago Bulls, in partnership with Motorola, have unveiled their 2022-2023 Nike NBA City Edition Uniform, which will debu...

Miami Heat Unveil Latest ‘City Edition’ Jerseys

Jimmy Butler models the latest “City Edition” jerseys, part of the Heat’s “Miami Mashup, Vol. 2” Photo courtesy of the Miami HEAT The Miami Heat joined all 30 NBA teams i...

Zero Tolerance For Hate Speech, Nike And Adidas Step Up

Kyrie Irving loses deal with Nike including the cancellation of the Kyrie 8 shoe launch (Photo by … [+] Dustin Satloff/Getty Images) Getty Images Nike and Adidas are sending a clear message to t...

Nike Latest To Drop NBA Star

Topline The week-long saga spurred by NBA star Kyrie Irving’s refusal to back down from antisemitic content he shared came to a head Thursday after the Brooklyn Nets suspended Irving and the controver...

Importers Like Target And Nike Gain Strength

Import modes of transportation getty Top consumer product importers are masters at successfully tacking with shifting winds and riding out squalls. Their latest storm has been a combination of excess ...

Foot Locker Suffers A One-Two Punch As It Cuts Ties With Yeezy And Nike Pulls Back

Ye Getty Images for BET Foot Locker was already reckoning with the difficult reality that Nike is pumping the breaks on its relationship and wants to sell significantly fewer shoes in its stores. Then...

Lululemon Doesn’t Need A Teen Strategy, Says Lululemon

Lululemon continues to gain popularity with teens, although the retail brand is not directly targeting the demographic. According to Piper Sandler’s “Fall 2022 Generation Z Survey,” the yoga-themed ch...

The Block: NFT royalties net projects $1.8 billion in revenue: Galaxy Digital Research

A report from the research arm of Galaxy Digital, a digital asset-focused financial services firm, laid out data showing that, while NFT royalties benefit small artists, the main beneficiaries are top...

Despite What the Experts Told You, This Was Never ‘Inflation’

“Dell has too many computers, Nike is swimming in summer clothes. And Gap is flooded with basics like t-shirts and shorts.” So wrote Washington Post reporter Abha Bhattarai last week. Bhattarai perhap...

Berkshire, Nike Among Best Stocks to Own: Morningstar

With the S&P 500 dropping 25% year to date, you may be looking for buying opportunities in the stock market. Morningstar came up with a list of the “best companies to own.” The companies are ones ...

Nike moves to curb automated bots and resale market with penalties

Nike shoes are displayed on a shelf a Nike factory store on June 28, 2022 in Milpitas, California. Justin Sullivan | Getty Images Nike is taking steps to curb the proliferation of sneaker-buying bots ...

Nike Signs Bronny James, D.J. Wagner, Caitlin Clark, Haley Jones, JuJu Watkins To NIL Deals

PHOENIX, ARIZONA – DECEMBER 11: Bronny James #0 of the Sierra Canyon Trailblazers is greeted by his … [+] father and NBA player LeBron James after defeating the the Perry Pumas in the Hoop...

Nike (NKE) Stock Tanks 9% on Rising Inventories and Weak Margins in Q1 2023

Nike has been dealing with major inventory challenges amid supply chain issues, Covid-19 shutdowns in China, and waning consumers demand in China. On Thursday,’s trading session, Nike Inc (NYSE: NKE) ...

Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise

People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia. Konstantin Zavrazhin | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Nike – ...

Nike stock plunges as investors trip over all that inventory

Nike’s stock plunged around 10% in pre-market trading on Friday following the sneaker giant’s latest earnings. The company’s ticker page was the most active on the Yahoo Finance plat...

Nike, Micron, Amylyx and others

Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer...

A Week Of Two Halves For JD Sports

A more positive partnership: JD Sports announce greater collaboration with sports giant Nike in the … [+] week when a less than orthodox partnership with Elite Sports & Rangers football team...

Dow Jones Futures: S&P 500 Hits Fresh Lows As Apple, Tesla, CarMax Dive, Nike Plunges Late

Dow Jones futures rose modestly Friday morning, along with S&P 500 futures and Nasdaq futures, with Nike (NKE) and Micron Technology (MU) earnings in focus and the Fed’s favorite inflation g...

Nike Earnings Narrowly Beat But NKE Stock Plunges On Soaring Inventories, Weak Margins

Nike (NKE) just beat Wall Street expectations for its first-quarter earnings report Thursday afternoon. But gross margins fell as inventories jumped, while the Dow Jones athletic apparel giant said it...

Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year

Shares of Nike Inc. plunged as much as 10% after hours Thursday, after the athletic-gear giant’s executives said price-cutting efforts to flush off-season clothing from warehouses in North America wou...

Nike (NKE) earnings Q1 2023

A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first ...

Nike loses important support ahead of earnings. Here are the possible reasons

Nike Inc. (NYSE:NKE) reports earnings on September 29 after the market close. However, there is a gloomy sentiment for the stock, which has maintained a downtrend. According to 12 analysts tracked by ...

Nike is the next bellwether in focus after FedEx earnings whiff

If you thought FedEx laid a big fat egg with its earnings report last week, then brace yourself for Nike’s fiscal first quarter earnings due out after the close of trading on Thursday. There are...

Stock Market Investing Action Plan: Nike Earnings, Tesla AI Day

Four days of steady selling on the stock market sent the Dow industrials below 30,000, and to their lowest level since Q3 2020. The Nasdaq and S&P 500 stopped short of key levels, setting up a cru...

September Was Bad for Investors. October Could Be Worse.

Text size Market chaos has hit stocks, bonds, commodities, currencies, and futures. It’s hard to see it ending soon. Michael M. Santiago/Getty Images It’s a bumpy, volatile, no good, very bad market o...

Customized For Steph Curry

SHANGHAI, CHINA – SEPTEMBER 08: (CHINA OUT) American basketball player Stephen Curry attends Under … [+] Armour activity on September 8, 2015 in Shanghai, China. (Photo by Visual China Gro...

Nike stock is down 35% year-to-date: buy the dip or sell the rip?

Nike Inc (NYSE: NKE) has been rather painful for the investors this year but Karl Farmer (Rockland Trust) is convinced the story moving forward will be a different one. Farmer’s bull case for th...

Nike Unveils World Cup Kits With Bolder U.S. Team Look

The U.S. World Cup kit for 2022. Nike The uniforms that the U.S. men’s national soccer team will don at the World Cup takes inspiration from the American sports landscape, Nike said. The new kit borro...

Minds Features Exclusive Nike X Jacqemus Specialty Sneaker

The Nike X Jacquemus sneaker at Two: Minds. Courtesy of Two: Minds, Deonté Lee/BFA.com Two: Minds, the multi-brand retailer on Gansevoort Street in Manhattan’s West Village, has partnered with NikeNKE...

Puma competes against Nike in NFT offerings after launching NFT shows

Join Our Telegram channel to stay up to date on breaking news coverage Puma, one of the largest sports brands globally, is launching metaverse offerings. On September 7, the company announced launchin...