All articles tagged with #nike
Nike released new primary, secondary, and third kits for all 16 NWSL clubs for the 2026 season, with designs inspired by each club’s roots, neighborhoods, and history; expansion clubs Boston Legacy FC and Denver Summit FC also rolled out inaugural secondary kits, and the regular season opens March 13 with Washington Spirit hosting Portland Thorns FC.
The US Equal Employment Opportunity Commission is probing Nike for alleged discrimination against White employees, citing Nike’s Diversity, Equity, and Inclusion targets. The agency’s subpoena seeks information back to 2018 on race-based workforce quotas, layoffs and promotions allegedly influenced by race, and 16 mentoring programs that were race-restricted. Nike says it’s cooperating and called the action a surprising escalation. EEOC Chair Andrea Lucas says the agency is renewing its focus on evenhanded enforcement of Title VII, reflecting a broader shift in enforcement priorities under the current administration’s stance on DEI initiatives.
The Equal Employment Opportunity Commission has filed in federal court in Missouri to compel Nike to produce information in a federal investigation into alleged discrimination against white employees as part of Nike’s diversity, equity and inclusion programs. The EEOC emphasizes Title VII’s colorblind protections and says it is pursuing evenhanded enforcement, while Nike says it has cooperated extensively. The case comes amid ongoing DEI-policy scrutiny and related workplace-issue headlines from the era.
Costco began selling the Kirkland Signature x Nike SB Dunk Low at select locations, igniting a resale frenzy with prices climbing toward $1,000 on marketplaces such as eBay.
Nike and Costco quietly released Kirkland Signature Nike SB Dunk Lows at select Costco locations for $135, triggering lines outside warehouses and boosting resale prices to around $350 on StockX; the drop was unannounced, with no clear quantities or online listing on Costco, leaving the future of additional releases unclear.
Nike is laying off 775 US employees—mostly distribution-center workers in Tennessee and Mississippi—as it accelerates automation to streamline operations and boost profitability, continuing a multi-year cost-cutting effort under CEO Elliott Hill.
Naomi Osaka arrived at the Australian Open wearing a jellyfish-inspired couture-meets-athletic outfit developed by Nike and designer Robert Wun, featuring a greenish-blue dress with white pleated pants, a white wide-brim hat with a veil, and a parasol. She shed the extra pieces before her first-round match against Antonia Ruzic (which she won), and the bold ensemble sparked wide fashion chatter about pushing tennis attire beyond traditional norms.
Nike and Skims unveil the NikeSkims Rift Mesh, a revised Air Rift with a tabi toe, single midfoot strap, and minimalist midsole, dropping January 26, 2026 in North America on Nike.com, Skims.com, and select retailers; the collab, announced earlier, aims to expand footwear offerings with more launches planned.
Nike signs the sport’s No. 1 player, Anna Leigh Waters, in its first pickleball deal, naming her a global ambassador and outfitting her in apparel and footwear across all events; terms weren’t disclosed as she competes at the Carvana Masters, signaling Nike’s broader push into a rapidly growing sport.
Nike is releasing Valentine's Day-themed Air Force 1 sneakers in a pink heart-covered 'Pink Foam' colorway, featuring a woven jacquard upper, a removable heart locket, and special insoles, alongside other themed styles and models for the holiday.
This week saw notable insider trading activity in companies like Nike, Under Armour, and Broadcom, despite the holiday-shortened week and market closures for New Year.
Apple CEO Tim Cook has invested an additional $3 million in Nike, signaling confidence in Nike's ongoing turnaround efforts under new leadership, despite recent setbacks and declining profits, as he sees potential for a strong recovery and value in the company's brand and innovation strategies.
The article summarizes the biggest analyst calls on Friday involving major companies like Nvidia, Apple, Wayfair, Nike, Under Armour, and CoreWeave.
US stocks ended 2025 with modest declines, with the S&P 500 up about 17% for the year despite a quiet end to the year and minor fluctuations. Nike surged after CEO share purchases, while Tesla experienced volatility. The market showed resilience despite geopolitical tensions and economic uncertainties, with sector performances varying and notable moves in biotech and commodities.
The stock market experienced a slight decline with the Dow and S&P 500 down by 0.3%, while Nike surged 4% following insider purchases by its CEO and other board members. Nvidia's shares rose on strong demand for its chips in China, and silver stocks were volatile due to increased margin requirements. The market closed the year with notable gains for the major indices, and upcoming economic data includes jobless claims.