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Nike Inc Names Ann Hebert As VP, GM Of North America Geography
Nike Says Entered Into Committed Credit Facility Agreement With A Syndicate Of Banks Which Provides For Up To $2 Bln Of Borrowings
Nike Is Closing All Of Its Stores In The U.S. Because Of The Coronavirus Outbreak - CNBC
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
Andrew M. Campion
Chief Operating Officer
Hilary K. Krane
Executive Vice President, Chief Administrative Officer, General Counsel
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Czech central bank Vice-Governor Tomas Nidetzky expects the economy to experience an initial sharp downturn in economic output followed by a gradual recovery, he said in a podcast posted on the bank's website on Thursday.
A federal appeals court has revived a lawsuit by a former Nike Inc employee who claims he suffered severe and pervasive harassment because of his Croatian national origin.
Nike Inc <NKE.N> shares rose 8% on Wednesday after the sportswear maker's impressive recovery in China sales offered hope that it was prepared to cope with the financial fallout of the coronavirus pandemic in other markets.
Nike Inc <NKE.N> beat estimates for quarterly revenue on Tuesday as strong digital demand offset the first China sales drop in nearly six years from the coronavirus-fueled shutdowns, but the company held back from providing a forecast due to the outbreak.
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the drop in China sales due to the coronavirus-fueled shutdowns.
German sportswear maker Adidas <ADSGn.DE> on Tuesday joined rivals in announcing store closures in response to the coronavirus pandemic.
Adidas on Tuesday joined rival Nike in announcing store closures in response to the coronavirus pandemic.
Nike Inc's <NKE.N> revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store closures, supply disruptions and the suspension of this year's NBA season due to the coronavirus pandemic.
Nike Inc, Lululemon Athletica Inc and Under Armour Inc on Sunday said they would close stores in the United States and other markets, joining a growing list of major retailers moving to help limit the spread of the coronavirus.
Nike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported https://www.cnbc.com/2020/03/15/nike-is-closing-all-of-its-stores-in-the-us-because-of-coronavirus.html?__source=twitter%7Cmain...
* NIKE IS CLOSING ALL OF ITS STORES IN THE U.S., ALONG WITH OTHER PARTS OF THE WORLD, TO TRY TO CURB SPREAD OF CORONAVIRUS - CNBC
* NIKE ENCOURAGES ALL US EMPLOYEES TO WORK FROM HOME AS KNOWN CORONAVIRUS CASES RISE - CNBC
A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor.
U.S. sportswear giant Nike <NKE.N> said on Monday its European headquarters in the Netherlands would be closed until Wednesday after an employee was infected with the new coronavirus.
Nike's will close its European headquarters in the Netherlands on Monday and Tuesday after an employee was infected with the coronavirus, Dutch news agency ANP said.
Nike has launched a new running shoe that complies with limits set by World Athletics after the governing body imposed a landmark ban on a version of the sportswear giant's Vaporfly shoes that was used to run the first sub-two hour marathon.
Nike said the Alphafly shoe worn by Eliud Kipchoge to break the two-hour marathon barrier would be legal under World Athletics' new rules and that widespread reports of its shoes containing triple carbon plates are false.
Shares in Brazil's sports goods chain Centauro <CNTO3.SA> rose more than 10% in mid-morning trading in Sao Paulo after the announcement of a $212 million deal to take over Nike operations in the country.
Nike Inc <NKE.N> on Thursday said it would partner with some South American distributors, as a part of the footwear maker's wider plan to sell new products directly to consumers faster.
Nike Inc <NKE.N> said on Tuesday the coronavirus outbreak in China would have a financial impact on its operations in the country, its biggest growth market, sending the footwear maker's shares down 3%.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.