Component Changes Made to Dow Jones Summer/Winter Games Index Sep 12, 2009
Nike Inc. (U.S., Personal & Household Goods, NKE) and Suncor Energy Inc. (Canada, Oil & Gas, SU) will be added to the Dow Jones Summer/Winter Games Index. Nike Inc. is being added since the company is a new official supplier of the Vancouver 2010 Olympic Winter Games. (Primezone Releases)
Maria Sharapova's First Volley in the World of Fashion Aug 28, 2009
Text hiding to spacing. Maria Sharapova unveils her new advertising campaign for Cole Haan. (PR Newswire)
Stalwart Nike ranks last for corporate governance Aug 23, 2009
Washington County s Nike Inc. scores 5. 1 on a scale of one to 100 for its governance practices, according to RiskMetrics Group, meaning it ranks below nearly 95 percent of its peers. (The Business Journal of Portland, OR)
Global brands turn to China's young amid slump Aug 23, 2009
Young Chinese shoppers like Zhong are still spending freely, and major brands ranging from Nike Inc. to Barbie doll maker Mattel Inc. are courting them eagerly to shore up revenue as demand elsewhere slumps. "Many foreign brands are looking at China as a life vest," said Mary Bergstrom, founder of Bergstrom Trends, a youth-trend research company in Shanghai. (The Star Online, Malaysia)
Nike Sets 25-Cent Quarterly Dividend Aug 11, 2009
Nike Inc. said Monday its board of directors declared a regular quarterly dividend of 25 cents. The shoe and apparel company said the dividend is payable Oct. 1 to shareholders of record on Sept. 8. (ABC News -- Wire)
Deutsche Telekom's 2Q profit rises 32 percent Aug 6, 2009
As well as the sales decline, the world's second largest sportswear company behind Nike Inc. blamed currency devaluations - the Russian ruble in particular - and the "highly promotional retail environment" for a steep fall in profits. Operating profit for the quarter slid 66 percent to euro72 million from euro208 million a year earlier. (Fresno Bee -- Business)
Adidas Shares Rise After Profit Exceeds Estimates, Forecast Is Confirmed Aug 5, 2009
Nike Inc., the biggest athletic-shoe company, is up 13 percent. Adidas said gross margins narrowed 5. (Bloomberg -- Germany)
Nike Halts 'V is for Victory' Campaign; Resolves Pony Suit Aug 5, 2009
SAN DIEGO, Aug. 4 /PRNewswire/ -- Pony, Inc., owner of the famous PONY and "Chevron trademark" brands used on footwear, sporting apparel and sporting goods, today dismissed its suit against competitor Nike Inc. over Nike's much-hyped international "V for Victory" advertising and marketing campaign. Nike notified Pony that the campaign is no longer being used, after Pony filed its lawsuit in April of this year in Federal court in California. (PR Newswire)
US revokes visas for Honduran officials... Jul 29, 2009
US revokes visas of 4 Honduran officials. US revokes visas of 4 Honduran officials. (The Drudge Report)
U.S. revokesHonduran officials visas Jul 29, 2009
Nike, Adidas request restoration of democracyFour clothing companies who manufacture products in Honduran factories Nike Inc., Adidas AG, Gap Inc. and Knights Apparel released a letter addressed to U.S. Secretary of State Hillary Rodham Clinton calling for the "restoration of democracy in Honduras.". Click for related content. (MSNBC -- International)
Nike CEO compensation dips in fiscal 2009 Jul 28, 2009
- Nike Inc. CEO Mark Parker received compensation valued at $7. 1 million during fiscal 2009, a slight drop from the prior year, according to an analysis of a regulatory document filed by the shoe and apparel company on Monday. (OregonLive, OR -- News)
Leaders take second swing at Major League Baseball Jul 28, 2009
Several heavyweights in the business community are at least partially onboard with Parrott s cause, including Paulson Capital Corp. Chairman Chet Paulson (no relation to Portland Beavers owner Merritt Paulson), former Nike Inc. and current Nonbox executive Ian Hamilton and developer Homer Williams. This article is for Paid Subscribers ONLY.. (Portland Business Journal, OR)
Nike won't use leather from Amazon cattle Jul 24, 2009
SAO PAULO - Citing a commitment to curbing deforestation, sportswear giant Nike Inc. says it will stop using leather from cattle raised in Brazil's Amazon rainforest. In a statement, Nike said its Brazilian leather suppliers have until next July 1 to "create an ongoing, traceable and transparent system to provide credible assurances that leather used for Nike products is from cattle raised outside of the Amazon Biome.". (MSNBC -- Business)
Lance Armstrong's Hero Tag Applies to Jennifer Jul 14, 2009
Perhaps Nike Inc. ought to give Jen a commercial. Jen might not be a world-class athlete, but she doesnt miss a turn on the bike. (Bloomberg -- Columnists)
UNF signs five-year deal with Nike Jul 7, 2009
The school signed a five-year deal that makes Nike Inc. the exclusive provider of its athletic gear. The deal comes as UNF completes the transition to the NCAA s Division 1 level. (Jacksonville Business Journal, FL)
Department News Jul 5, 2009
com Lauch Photo Store - UW Launching Live Mascot Naming Contest - The Pride of the Purple And Gold - Woodward Named Washington's Athletic Director - Emmert To Name Permanent AD - Shick Joins Washington Development Staff - Washington Selects Stubhub as Secondary Ticketing Partner - Washington Continues Free Shuttles To Husky Football Games - Husky Fans Score TD With Mobile U Presented by A T - Washington Unveils New Destop Communicator - UW Athletics And Nike Inc. Extend Relationship - Marching... (Gohuskies.com)
Broder Bros., Co. Announces Board Member Appointments Jul 3, 2009
Co. Announces Board Member Appointments. Text hiding to spacing. (PR Newswire)
Carolina, Nike Sign New 10-Year Contract Jul 2, 2009
CHAPEL HILL -- The University of North Carolina at Chapel Hill and Nike Inc. have signed a new 10-year contract for Nike to be the exclusive supplier of athletic footwear, apparel and accessory products to the Tar Heels. UNC and Nike signed the contract in late May. (Tarheelblue.com)
Nike posts $490 mn Q4 profit Jun 26, 2009
NEW YORK: Apparel maker Nike has reported a net income at $490 million for the fourth quarter ended May 31, 2009. It had a net income of $341 million in the year-ago period, Nike said in a statement. (India Times)
Nike reports 12% decline in global forward orders Jun 25, 2009
BEIJING, June 25 (Xinhuanet) -- Nike Inc. reported a 12 percent global decline in forward orders through November from last year, media reported Thursday. Nike, the world's largest athletic shoe and clothing company, has responded to the global downturn by slashing expenses, compensating for dwindling sales. (Xinhuanet, China)
Nike Orders Disappoint, Shares Fall Jun 25, 2009
By Alexandria Sage June 24, 2009. SAN FRANCISCO (Reuters) - Nike Inc reported a worse-than-expected global decline in forward orders, especially in its European region, sending shares of the world's largest athletic shoe and clothing company down nearly 5 percent in extended trading on Wednesday. (ABC News -- Wire)
Nike 4Q Profit Declines but Sees 'Swoosh' Recovery Jun 25, 2009
Nike Inc. reports fiscal fourth-quarter results after the market close Wednesday, June 24 ... Nike Inc. said Wednesday it is betting on a "swoosh-shaped" global economic recovery and that the athletic shoe and clothing maker is poised to benefit as the gradual rebound begins. (ABC News -- Wire)
Business Briefing Jun 22, 2009
-- Monsanto Co., Nike Inc. and Rite Aid Corp. report quarterly financial results. TH. (San Francisco Chronicle -- Business)
U.S. Stocks Post First Weekly Drop in a Month; Exxon, Wells Fargo Decline Jun 21, 2009
Companies scheduled to report next week include Oracle Corp., Monsanto Co. and Nike Inc.. Consumer spending in the U.S. probably rose in May for the first time in three months and home sales increased as Americans became more confident the recession will end this year, economists said before reports next week. (Bloomberg -- US)
NCAA AND NBA NAME YOUTH BASKETBALL INITIATIVE iHOOPS Jun 16, 2009
National Association of Basketball Coaches Official Athletic Site. adidas and Nike Named Founding Partners. (Nabc.com)
Nike cutting 500 jobs in Oregon May 22, 2009
Our new structure sharpens our consumer focus globally to drive continued growth while positioning Nike Inc. competitively in today s marketplace, CEO Mark Parker said in a news release. We remain a growth company and we know these changes have created a stronger organization that will enable us to invest in our most significant opportunities. (The Business Journal of Portland, OR)
Track to be named for former Churchill High star May 18, 2009
Nike Inc. contributed $70,000 toward the track surface, which will soon be installed. It is a blend of ground-up running shoe soles and crushed rubber-far more high-tech than the track she zipped around at Jefferson. (OregonLive, OR -- Sports)
* World Business Quick Take May 16, 2009
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- Sports)
Nike to slash jobs worldwide May 15, 2009
Nike to cut about 1750 jobs worldwide. May 15, 2009 - 7:14AM. (Sydney Morning Herald -- Business)
Nike Slashes 5 Percent of Global Jobs in Largest Cut May 15, 2009
By Alexandria Sage May 14, 2009 FONT SIZE. SAN FRANCISCO (Reuters) - Nike Inc , the world's largest maker of athletic shoes and apparel, will slash 5 percent of its 35,000-strong global workforce, or 1,750 jobs, in the largest headcount reduction in the company's history. (ABC News -- Wire)
Nike to cut 5 per cent of work force May 15, 2009
Shoe and apparel company Nike Inc. said Thursday that it will cut about 1,750 jobs worldwide, or 5 per cent of its global work force ... Our new structure sharpens our consumer focus globally to drive continued growth while positioning Nike Inc. competitively in today's marketplace, chief executive officer Mark Parker said in a statement. (Globe and Mail -- Business)
Nike to cut 1,750 jobs worldwide May 15, 2009
Nike to cut about 1,750 jobs worldwide - International Business - Business - The Times of India. International Business. (India Times, India)
Nike lays out plans to reorganize May 15, 2009
(AP) -- Nike Inc. said Friday it plans to reorganize its namesake brand as part of a broader restructuring announced last month that may include the elimination of up to 4 percent of its workforce ... Nike Inc. world headquarters in Beaverton, Ore ... Nike also said Nike Inc. Affiliate portfolio President Lee Bird has left the company to pursue other interests and will be succeeded by Eunan McLaughlin, former vice president and general manager for the Nike EMEA region. (KGW Northwest NewsChannel 8, OR)
U.S. stocks sink May 14, 2009
Target Corp. and Nike Inc. shares also dropped. The Dow Jones fell 184. (Xinhuanet, China)
Weak retail sales send stocks lower; Dow off 200 May 14, 2009
Retailers and other companies that directly serve consumers such as Target Corp. and Nike Inc. were among the hardest hit Wednesday amid concerns that declining consumer spending could hurt their profits. Target shares fell 1. (Helena Independent Record, MT)
Obama unveils plan to cut corporate tax havens May 8, 2009
Multinational companies like Nike Inc. would lose corporate tax loopholes in a plan presented Monday by President Barack Obama and Treasury Secretary Timothy Geithner. According to a report by Bloomberg News, the tax rules, known as check the box, allow companies to shift profits from overseas operations into low-tax areas, thereby lowering considerably the amount of U.S. taxes they pay on foreign operations. (Portland Business Journal, OR)
Nike to close San Jose store May 7, 2009
Representatives of both Nike Inc. and Valley Fair could not be reached for comment Wednesday afternoon about reasons for the store closure ... In 2008, Nike Inc. recorded 2008 sales of about $18. (San Jose Business Journal, CA)
Plank outlines strategy to Under Armour shareholders May 6, 2009
Another shareholder asked if top competitor and giant Nike Inc. (NYSE: NKE) had tried to acquire the company. Plank skirted around the question and said the company would do what's best for shareholders and is still thinking long-term. (Baltimore Business Journal, MD)
Federer Fails to Fend Off Nadal in Fight to Be World's Richest Tennis Star May 6, 2009
While marketers mostly use Nadal for promotions in Spain, Nike Inc. is repackaging him for a broader international audience. In January, the worlds largest athletic shoe maker outfitted him in more conventional attire, ditching his sleeveless muscle top and three-quarter-length pants for a polo shirt and shorts. (Bloomberg -- UK)
Nationwide hires new lead ad agency May 5, 2009
McKinney s clients include the NASDAQ Stock Market, Nike Inc. (NYSE:NKE), Sherwin-Williams Co. (NYSE:SHW), Qwest Communications International Inc. (NYSE:Q) and Travelocity. com LP along with Virgin Mobile USA Inc. (NYSE:VM) and Virgin Atlantic Airways Ltd.. (Columbus Business First, OH)
Adidas Profit Tumbles 97% as Demand Slumps; Cost-Cutting Plan Is Announced May 5, 2009
German rival Puma AG has added 16 percent this year, and Nike Inc., the biggest sporting-goods company, has added 8. 3 percent in U.S. trading this year. (Bloomberg -- Germany)
National Service: Now Bigger Than Ever May 2, 2009
That same day the president nominated Maria Eitel, a Nike Inc. vice president, to run the Corporation for National and Community Service (CNCS), created in 1993 under President Clinton. Supporters have something very ambitious in mind. (Townhall.com)
Zig zags with X May 1, 2009
Ms. Collier recently exited Cossette, where she was senior vice-president and media director with a client list that ranged from Bell Canada to Coca-Cola Co. to Nike Inc.. Together, Mr. Macaulay and Ms. Collier have designed a new Zig affiliate, X Connections Inc. Ms. Collier is its president and a minority owner; Zig is the majority partner. (Globe and Mail -- Business)
Nike Partners with Seminal Hip Hop Group De La Soul to Release ARE YOU IN?: Nike+ Original Run Apr 28, 2009
Nike Partners with Seminal Hip Hop Group De La Soul to Release ARE YOU IN. Nike+ Original Run - Yahoo. (Yahoo! Wire -- Entertainment News)
Fallon names new creative head Apr 15, 2009
Spiller had done award-winning work for Nike Inc., Nestle, Toyota Motor Corp., Hertz Corp. and McDonald s Corp.. jniemela@bizjournals. (Twin Cities Business Journal, MN)
U.S. institute names 99 top ethical companies Apr 13, 2009
Mon Apr 13, 12:24 am ET. NEW YORK (Reuters) The Ethisphere Institute on Monday named 99 companies it says are the world's most ethical, its third annual listing designed to encourage ethical practices within the global business community. (Yahoo News -- Top Stories)
SRC Universal Motown Recording Artist Akon to Perform at 2009 Jordan Brand Classic Apr 11, 2009
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "", "close" : "", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Yahoo! Wire -- Entertainment News)
Guide for the GOP for 2010 and Beyond Apr 10, 2009
The presentation was professional in its production values and high in energy; also trademarks of anything rolled out by Nike Inc., and consequently produced by Michael Doherty. I left with a sense of awe, and I felt that this was the way that all companies should do business. (Townhall.com)
Rupee Pain Means Exporters' Gain as Indian Companies Beat China to Sales Apr 10, 2009
The company, a supplier for San Francisco-based Gap Inc. and Beaverton, Oregon-based Nike Inc., now exports 2. 5 million garments a month and has sales of more than 10 billion rupees ($200 million) annually. (Bloomberg)
Reebok hopes to launch fad Apr 9, 2009
Nike Inc., by comparison, increased its market share to 45. 7 percent in 2009 compared with 43. (Boston Globe)
Nike opens children's store in Grove City Apr 7, 2009
Nike Inc. s new children s store concept joins a stable of other brands that includes , Cole Haan and UK-based Ltd.. Reader Comments. (Pittsburgh Business Times, PA)
Peter Buffett's foundation gives millions to girls Apr 5, 2009
Last year, the Buffetts announced a plan to work with the Nike Foundation, which is the nonprofit supported by athletic footwear and apparel maker Nike Inc., to help adolescent girls in developing countries. Over three years, the NoVo Foundation will give 45 million and the Nike Foundation will give 55 million to support programs the Nike Foundation runs in Ethiopia, Kenya, Bangladesh, Liberia, India and other countries. (Sioux City Journal)
NikeTown to close at end of May Mar 26, 2009
Nike Inc. said the 31,960-square-foot emporium that opened in 1998 has been slated for closure after a normal review of its retail stores, but the Oregon-based company did not disclose specifics of its decision. "As a normal course of business, we have and will continue to review our retail fleet to ensure we are creating value for consumers and driving profitability," the company said in a statement. (Honolulu Advertiser)
JBC Regional Team Chosen Mar 24, 2009
2009 Jordan Brand Classic Regional Team Announcement. Top New York City area prep stars to take the court at The Garden on April 18th. (Seton Hall Sports -- Rivals.com)
Will the Iron Man wear Armour? Mar 21, 2009
His longtime partnership with Under Armour competitor Nike Inc. ended Dec. 31. The terms of that contract are unknown. (Baltimore Business Journal, MD)
Xerox Shares Plummet After Profit Warning Mar 21, 2009
The Xerox warning comes on the heels of downbeat comments this week by two other household names, FedEx Corp and Nike Inc. These warnings suggest that many corporations are still in the thick of the recession and it could be some time before their earnings rebound. Earlier this month, hopes about a recovery were lifted by optimistic comments by Bank of America Corp, JP Morgan Chase d others in the hard-pressed banking sector. (ABC News -- Wire)
Nike Profit Beats Street View but Sales Dwindle Mar 19, 2009
March 18, 2009 FONT SIZE. SAN FRANCISCO (Reuters) - Nike Inc , the largest global athletic shoe and clothing maker, beat Wall Street expectations on Wednesday with third quarter earnings but warned of shrinking worldwide demand. (ABC News -- Wire)
Charges, weak sales hurt Nike profit Mar 19, 2009
Nike Inc. says its profit slipped in its third-quarter on charges related its acquisition of Umbro PLC and to weaker sales. The Beaverton, Ore. (Globe and Mail -- Business)
Wall Street cautiously optimistic entering week Mar 16, 2009
Earnings reports are due from some of nation's big retailers and other companies including Nike Inc., Oracle Corp. and Discover Financial Services. A Fed report on industrial production for February is due Monday, and the Labor Department delivers two inflation reports: its producer price index for February on Tuesday and the consumer price index on Wednesday. (MSNBC -- Business)
Capacity utilization data for Monday Mar 14, 2009
Nike Inc. reports third-quarter results. Share profit of 80 cents (U.S.) is expected, down from 92 cents a year ago. (Globe and Mail -- Business)
Nike and Lance Armstrong Unite to Launch a Global Art Exhibition to Raise Funds and Awareness in the Fight against Cancer Mar 7, 2009
--(BUSINESS WIRE)--NIKE, Inc. (NYSE: - ). This Saturday, Nike and Lance Armstrong will team up to launch Stages, a global art exhibition and sale featuring original artwork from more than 20 of the worlds most creative and diverse artists. (Yahoo! Wire -- Entertainment News)
Travis Knight Named President and CEO of LAIKA, Inc. Mar 6, 2009
Coraline and Wallace and Gromit Award-Winning Producer Claire Jennings Appointed President of Entertainment. --(BUSINESS WIRE)--LAIKA, Inc., the Portland-based animation studio whose first feature film, Coraline, has been a critical and box office hit since its release by Focus Features on February 6th, has announced that Travis Knight has been named President and CEO of the company. (Yahoo! Wire -- Entertainment News)
Adidas 4Q profit jumps 151 percent to 54 million Mar 4, 2009
Herzogenaurach-based Adidas, the world's second largest sportswear company by sales after Nike Inc., said net profit in the fourth quarter increased to 54 million ($68 million) from 21 million in the October through December period a year earlier. Sales for the quarter rose 6 percent to 2. (International Herald Tribune -- Technology)
Surf retailers take a hit in recession Mar 2, 2009
In January, rumors swirled that Quiksilver, which is saddled with significant debt, might sell itself or part of the company to sportswear giant Nike Inc., which has owned action sports brand Hurley since 2002. It was a prospect that didn't sit well with many Orange County surfers and one that McKnight shot down last week. (Honolulu Advertiser)
From Main Street to corporate headquarters Mar 1, 2009
Callender turns her soccer passion into a career with Nike. By ALAN NUNNJournal Times Assistant Sports Editor. (Racine Journal Times, WI)
