Nike

Nike will roll out new $100-and-under footwear in nations around the world, its chief financial officer announced Thursday.

June 29, 2024

Fashion

Nike Introduces Affordable $100-and-Under Sneakers

A letter on Friday revealed that Nike will lay off approximately 740 employees at its world headquarters in Oregon. The top sportswear company is looking to rein in prices after warning of an earnings drop in the first half of fiscal 2025.

April 20, 2024

Business

Nike plans second phase of layoffs

Nike revealed Olympic kits for the teams it sponsors on Thursday alongside athletes, including Kenyan marathon celeb Eliud Kipchoge and British sprinter Dina Asher-Smith, betting that top sportspeople can help it win more everyday customers.

April 11, 2024

Business

Nike’s Olympic spotlight: a chance for revival

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