Latest Nike Inc News

Olympic track uniforms spark online debate about who designed them and why they're so skimpy

Apr. 13, 2024 20:28 PM EDT

PARIS (AP) — U.S. track and field athletes have around four dozen pieces to choose from when assembling their uniforms at the Olympics. The one grabbing the most attention is a high-cut leotard that barely covers the bikini line and has triggered debate between those who think it is sexist and...

Wild prints, trendy wear are making the Masters the center of the golf fashion universe

Apr. 12, 2024 17:46 PM EDT

AUGUSTA, Ga. (AP) — At a place where green jackets never go out of style, the sometimes-wild, often-trendy and always-interesting fashion sense of those playing Augusta National has become a viral subplot to the competition at the Masters this week. At the forefront may have been...

Caitlin Clark and Angel Reese are headed to the WNBA. Are they also destined for a pay cut?

Apr. 04, 2024 15:32 PM EDT

CLEVELAND (AP) — Caitlin Clark and Angel Reese have both decided to forgo their final year of college eligibility and enter the WNBA Draft, though there aren't multimillion dollar WNBA rookie contracts awaiting them. Clark, Iowa’s record-setting guard, is expected to be the No. 1...

Top women's college players like Clark and Reese expect NIL deals to stay with them in the pros

Mar. 26, 2024 10:17 AM EDT

Only a few short years ago, there was no inkling that college basketball players could be millionaires or at least be able to consider staying in school because they could earn enough money to make it worth their while even with pro contracts available. It was a particularly acute...

Stock market today: Wall Street closes its best week of the year with a quiet finish

Mar. 22, 2024 16:59 PM EDT

NEW YORK (AP) — U.S. stocks closed their best of the year so far with a quiet finish on Friday, remaining near their records. The S&P 500 slipped 7.35 points, or 0.1%, from its all-time high to close at 5,234.18. The Dow Jones Industrial Average fell 305.47, or 0.8%, to...

Nike's new England men's soccer shirt is causing a stir with its recolored flag

Mar. 22, 2024 16:52 PM EDT

LONDON (AP) — England's new men's soccer team shirt is causing a bit of a stir. It's not just the price that's vexing some. The decision by Nike to change the color of the St. George’s Cross on the shirt from the traditional red and white has even prompted the prime minister and...

How major US stock indexes fared Friday, 3/22/2024

Mar. 22, 2024 16:41 PM EDT

Wall Street closed its best week of the year so far with a quiet finish. The S&P 500 slipped 0.1% Friday after setting all-time highs in each of the last three days. The Dow Jones Industrial Average slumped 305 points, or 0.8%. The Nasdaq composite rose 0.2% to...

Nike, Lululemon fall; FedEx Star Equity rise, Friday, 3/22/2024

Mar. 22, 2024 16:12 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Nike Inc., down $6.96 to $93.86. The sneaker and athletic apparel maker gave investors a disappointing revenue forecast. FedEx Corp., up $19.47 to $284.32. ...

Nike deal ends German soccer's long-standing relationship with Adidas

Mar. 21, 2024 19:11 PM EDT

BERLIN (AP) — German soccer and Adidas are breaking up. American sportswear giant Nike will supply all of Germany’s national teams with its apparel and equipment from 2027, the German soccer federation (DFB) surprisingly announced Thursday. The new deal extends to...

Nike: Fiscal Q3 Earnings Snapshot

Mar. 21, 2024 16:29 PM EDT

BEAVERTON, Ore. (AP) — BEAVERTON, Ore. (AP) — Nike Inc. (NKE) on Thursday reported fiscal third-quarter earnings of $1.17 billion. The Beaverton, Oregon-based company said it had profit of 77 cents per share. Earnings, adjusted for restructuring costs, came to 98 cents per share....