Converse has paused all marketing efforts this week after an ad evoking the Ku Klux Klan caused outrage. This decision comes amid a prolonged sales decline as the company prepares to report earnings on Oct. 1.
2 min read26 Sep 2026NIKE, Inc. appointed Alexandre Arnault, Deputy CEO of Moët Hennessy, to its Board of Directors. His experience in brand innovation and digital transformation is expected to enhance NIKE's consumer connections and support its growth strategy globally.
1 min read17 Sep 2026While Nike will still remain in the broader S&P 500, its removal from the top 100 has sparked a major conversation about the brand's recent struggles.
2 min read7 Sep 2026Record-breaking performances, cutting-edge shoes and data-driven training are transforming marathon running into a faster, more competitive sport
5 min read3 May 2026A Nike adline that seemed to sneer at walkers may have been aimed at marathoners, but it faced a backlash it should’ve expected. This footwear brand’s success was partly about making everyone feel like an athlete, racer or plodder. Its yen for wit blurred its identity.
4 min read28 Apr 2026On 1 April, Nike's shares fell 14.5% after a disappointing sales forecast. CEO Elliott Hill warned of challenges in China, projecting a 20% sales decline. The company's revenue is expected to drop 2% to 4%, impacted by competition and geopolitical tensions.
2 min read1 Apr 2026The sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse.
2 min read1 Apr 2026Nike has re-released the Air Jordan 4 Retro “Imperial Purple” sneakers, priced at $220, featuring premium leather and nubuck, the iconic Jumpman logo, and a timeless design. Available from Mar 7 at 10 a.m. ET (8:30 p.m. IST) in unisex and kids’ sizes, they sold out quickly online.
1 min read8 Mar 2026The US Federal Agency, the Equal Employment Opportunity Commission (EEOC), has opened an investigation against Nike, the sportswear giant, for allegedly discriminating against white workers and has sought documents dating back to 2018.
3 min read5 Feb 2026Apple CEO Tim Cook's purchase of nearly $3 million in Nike stock has sparked investor optimism. Following a recent earnings beat, Cook's confidence in Nike's long-term prospects is notable amidst ongoing strategic challenges and macroeconomic pressures.
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