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Nike, Inc.

American athletic equipment company

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Nike, Inc.: American athletic equipment company
Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$24.1 billion in its fiscal year 2012. As of 2012, it employed more than 44,000 people worldwide. In 2014 the brand alone was valued at $19 billion, making it the most valuable brand among sports businesses. As of 2017, the Nike brand is valued at $29.6 billion. Nike ranked No. 89 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

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Five Best Free Virtual Workouts [Video]

Five Best Free Virtual Workouts

1. CorePower Yoga for those who like yoga. 2. YMCA 360 for beginners or the elderly. 3. Lifetime Athletic offers cardio, strength and yoga classes without a membership. 4. Nike Training app offers..

Credit: Wochit News     Duration: 00:34Published
Nike to Donate Over $15 Million in Coronavirus Support [Video]

Nike to Donate Over $15 Million in Coronavirus Support

Nike recently announced its pledge of more than $15 million to aid local communities in the fight against COVID-19.

Credit: Cover Video STUDIO     Duration: 01:06Published
Nike, Under Armour shut stores to combat virus [Video]

Nike, Under Armour shut stores to combat virus

Nike, Lululemon Athletica and Under Armour 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..

Credit: Reuters Studio     Duration: 01:48Published
Nike Closes All US Stores For 2 Weeks [Video]

Nike Closes All US Stores For 2 Weeks

Business Insider/Jessica Tyler Nike is closing many of its stores across the world due to the coronavirus pandemic. Starting on March 16, Nike stores in the US, Canada, Western Europe, Australia, and..

Credit: Wochit News     Duration: 00:32Published
Yeshaneh smashes women's half marathon world record [Video]

Yeshaneh smashes women's half marathon world record

Ethiopian Ababel Yeshaneh knock 20 seconds off the women's half marathon world record in the UAE, wearing a permitted version of the Nike Vaporfly shoe.

Credit: Reuters - Sports     Duration: 01:13Published
Michael Avenatti Found Guilty In Nike Trial [Video]

Michael Avenatti Found Guilty In Nike Trial

Lawyer Michael Avenatti was convicted of all three charges concerning his attempts to extort up to $25 million from Nike. He was charged with honest services wire fraud, attempted extortion and..

Credit: Wochit News     Duration: 00:32Published
Michael Avenatti found guilty in Nike extortion case [Video]

Michael Avenatti found guilty in Nike extortion case

A U.S. jury on Friday found Michael Avenatti guilty in a criminal trial accusing the celebrity lawyer of trying to extort Nike Inc out of millions of dollars and defraud a youth basketball coach he..

Credit: Reuters Studio     Duration: 02:01Published
Michael Avenatti Guilty [Video]

Michael Avenatti Guilty

(Newser) – Michael Avenatti, the combative lawyer who gained fame by representing a porn star in lawsuits involving President Trump, was convicted Friday of trying to extort Nike, per the AP. The..

Credit: Wochit News     Duration: 00:35Published
Prosecutors: Michael Avenatti Shook Down Nike To Deal With 'Mountain Of Debt' [Video]

Prosecutors: Michael Avenatti Shook Down Nike To Deal With 'Mountain Of Debt'

Reuters reports celebrity attorney Michael Avenatti’s extortion trial neared its end on Tuesday. A federal prosecutor said Avenatti had an “agenda” to shake down Nike Inc by threatening to tar it..

Credit: Wochit News     Duration: 00:36Published

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Nike revenue beats as digital growth offsets rare China sales fall on virus hit

Nike Inc 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..
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Nike's revenue beats as North America, Europe offset China sales drop

Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the..
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Nike, Under Armour join retailers shutting stores to limit virus spread

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..
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Nike, Under Armour to close all U.S. stores due to coronavirus

U.S. sportswear retailers Nike Inc and Under Armour Inc said on Sunday they are closing all stores in the United States to limit the spread of the coronavirus.
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Nike temporarily closes European HQ in the Netherlands due to coronavirus case

U.S. sportswear giant Nike said on Monday its European headquarters in the Netherlands would be closed until Wednesday after an employee was infected with the new coronavirus.
Reuters - Published

Yeshaneh breaks half-marathon record by 20 seconds wearing Nike Vaporfly shoes

Ethiopia's Ababel Yeshaneh smashes the women's half-marathon world record by 20 seconds to win the event in Ras Al Khaimah.
BBC News - Published

Reekie dismisses link between Nike prototype shoes and improved form

Britain's Jemma Reekie dismisses speculation her recent improvement is linked to her Nike prototype shoes.
BBC News - Published

Celebrity lawyer Michael Avenatti is found guilty in Nike extortion case

A U.S. jury on Friday found Michael Avenatti guilty in a criminal trial accusing the celebrity lawyer of trying to extort Nike Inc out of millions of dollars and defraud a youth basketball coach he..
Reuters - Published

Stormy Daniels' lawyer Michael Avenatti guilty over extortion

The lawyer was accused of seeking to extort more than $20m (£15m) from sportswear giant Nike.
BBC News - Published

Lawyer Avenatti convicted for trying to extort Nike

A U.S. jury on Friday found Michael Avenatti guilty in a criminal trial accusing the celebrity lawyer of trying to extort Nike Inc out of millions of dollars and defraud a youth basketball coach he..
Reuters - Published

U.S. says Michael Avenatti shook down Nike, defense disagrees as extortion trial nears end

Michael Avenatti's extortion trial neared its end on Tuesday as a federal prosecutor said the celebrity lawyer had an "agenda" to shake down Nike Inc by threatening to tar it with corruption..
Reuters - Published

U.S. says Michael Avenatti's 'agenda' was to extort Nike, as trial nears end

Michael Avenatti had an "agenda" to shake down Nike Inc for millions of dollars by threatening to tar the apparel company with corruption allegations, a prosecutor said on Tuesday near the end of the..
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Coach who hired Michael Avenatti says he wanted to expose Nike, not in press conference

The government's star witness in Michael Avenatti's extortion trial conceded on Friday he wanted to expose Nike Inc's alleged illegal payments to families of college basketball recruits long before he..
Reuters - Published

Coach tells U.S. jury he never wanted Michael Avenatti to hold Nike press conference

The youth basketball coach who hired Michael Avenatti to represent him in negotiations with Nike Inc said at the celebrity lawyer's extortion trial on Thursday he became "very, very upset" upon..
Reuters - Published

Nike launches controversial Kipchoge shoe for retail

Nike launches a mass market version of its controversial Alphafly prototype shoe that it says complies with new World Athletics rules.
BBC News - Published

Nike prototype Vaporfly shoe banned but current version going to Olympics

Nike Vaporfly shoes used to run the world's first sub-two hour marathon will be banned from professional sport under a landmark decision on Friday that also allows currently sold versions of the..
Reuters - Published

World Athletics puts the brakes on Nike's record-breaking shoes

Some variants of Nike's Vaporfly running shoes have been outlawed for elite competition and strict limits on the technology developed for any future shoes introduced after World Athletics announced..
Reuters - Published

New rules outlaw some of Nike's record-breaking shoes

World Athletics announced significant changes to its rules on Friday that will outlaw some variants of Nike's Vaporfly running shoes and introduce strict limits to the technology developed for any..
Reuters - Published

Rules tightened over elite running shoes

Nike's controversial Vaporfly range will not be banned but there will be tighter regulations around high-tech running shoes, World Athletics says.
BBC News - Published

Nike faces SEC probe over illicit payment claim: Bloomberg

A lawyer for Michael Avenatti told a jury that Nike Inc was being probed by the U.S. Securities and Exchange Commission (SEC) over claims that it made illicit payments to elite youth basketball..
Reuters - Published

At trial, U.S. says Avenatti's greed fueled Nike extortion; defense says tenacity is no crime

Michael Avenatti was bent on a big payday when he demanded millions of dollars for himself from Nike Inc, a federal prosecutor told jurors on Wednesday in his opening argument at the extortion trial of..
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Nike says Kobe Bryant merchandise sold out on website

Nike Inc's Kobe Bryant merchandise was sold out on its website, the company said on Tuesday, following reports the company had pulled products branded by the NBA star who died in a helicopter crash on..
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Focus on Avenatti, U.S. judge says, as Trump critic's Nike extortion trial begins

The judge overseeing Michael Avenatti's extortion trial said the case should not focus on Nike Inc's alleged corruption or devolve into celebrity name-dropping, as jury selection began for the case..
Reuters - Published

Explainer: What to expect at Michael Avenatti's Nike extortion trial in New York

Michael Avenatti, the celebrity lawyer and self-described high-profile nemesis of U.S. President Donald Trump, faces a trial on charges he tried to extort Nike Inc and defrauded a youth basketball..
Reuters - Published

U.S. trial accusing Trump foe Avenatti of Nike extortion kicks off

Lawyers in the extortion case of Michael Avenatti are expected on Monday to begin choosing jurors who will decide the fate of the celebrity lawyer and prominent critic of U.S. President Donald Trump.
Reuters - Published

Nike's Vaporfly running shoes and tumbling records

World Athletics is set to announce the findings of a review of technology in road and track shoes by the end of January, and it is expected to change its rules in light of tumbling times recorded by..
Reuters - Published

'They're fast, but are they fair?' Amateur runners face Nike dilemma

British amateur runner and triathlete Holly Grundon was delighted to smash a long-held personal speed target - to finish a half marathon in less than 1 hour and 30 minutes.
Reuters - Published

Athletics body to tighten rules after Nike's Vaporfly helps records tumble: sources

Athletics' ruling body will tighten regulations governing shoe technology, two sources familiar with the matter said, after Nike's popular Vaporfly brand helped re-write running records and sparked..
Reuters - Published

Judge excludes Trump critic Avenatti's financial strains from Nike extortion trial

A U.S. judge on Wednesday said federal prosecutors may not try to show that Michael Avenatti's heavy debts gave him a motive to extort Nike Inc, giving a victory to the celebrity lawyer as he prepares..
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Why a ban on Vaporfly shoe could boost Nike's bottom line

A controversy over Nike's hyper-advanced Vaporfly shoes that some say give runners an unfair advantage could boost sales, especially among amateurs hoping for more spring in their step who would not be..
Reuters - Published

Trump antagonist Avenatti's bail is revoked; unhappy NY judge delays Nike extortion trial

A federal judge on Wednesday revoked Michael Avenatti's bail after the celebrity lawyer and critic of U.S. President Donald Trump was accused of hiding money from creditors, triggering a delay in a..
Reuters - Published

Trump antagonist Avenatti's bail is revoked, threatening Nike trial in New York

A federal judge on Wednesday revoked Michael Avenatti's bail after he was accused of fraudulently hiding $1 million from creditors, threatening a separate trial of the celebrity lawyer and critic of..
Reuters - Published

New fraud allegations against Trump antagonist Avenatti threaten Nike trial in NY

Celebrity lawyer Michael Avenatti's arrest on allegations he engaged in fraud and money laundering by hiding $1 million from creditors while on bail threatens the upcoming trial of the critic of U.S...
Reuters - Published

Trump antagonist Avenatti's extortion trial in New York may be delayed after arrest

Michael Avenatti's criminal trial for trying to extort Nike Inc may be delayed following the celebrity lawyer's unexpected arrest late on Tuesday in California for allegedly violating his bail..
Reuters - Published

Arrested Trump foe Avenatti must face 'vindictive' Nike extortion case in NY

A federal judge on Wednesday rejected Michael Avenatti's bid to dismiss criminal charges accusing him of trying to extort Nike Inc , after the celebrity lawyer claimed he was targeted in a "vindictive"..
Reuters - Published

Michael Avenatti, former lawyer for Stormy Daniels, arrested in California

Celebrity lawyer Michael Avenatti was arrested on Tuesday on accusations that he violated the terms of his release from custody while awaiting trial on charges that he sought to extort millions of..
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