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Jacquemus teases Nike collab in whimsical off-calendar show

Just three months after its last collection ‘Le Splash’ quite literally cooked up a storm in Hawaii, Jacquemus has returned to the limelight with another spectacle of a show. Over the years, the brand’s creative director and founder Simon Porte Jacquemus has become known for his over-the-top presentations – a notable mention to his Provence...

Jun 28, 2022

ManagementFeatured

Nike posts flat sales growth, earnings drop

Nike reported fourth quarter revenues were 12.2 billion dollars, down 1 percent compared to prior year and up 3 percent on a currency-neutral basis. Revenues for the Nike brand were 11.7 billion dollars, down 1 percent on a reported basis and up 3 percent on a currency-neutral basis, led by 20 percent growth in EMEA. Revenues for Converse were...

Jun 28, 2022

Fashion Featured

America's fashion businesses pledge to support employees after historic abortion ruling by Supreme Court

In a historic decision and divided nation, the US Supreme Court on Friday reversed a law that upheld the constitutional right to have an abortion. Abortion laws are now in the hands of the state, with many conservative regions expected to ban the right for women to choose, making it illegal to receive reproductive services. The new law upturns...

Jun 27, 2022

Business

Nike to fully exit Russia following Ukraine invasion

US sportswear giant Nike is the latest fashion company to completely cut ties with Russia. Nike will fully exit the Russian market three months after suspending operations there, the company told Reuters Thursday. It is the latest in a spate of Western brands to cut ties with Russia following its invasion of Ukraine. Rivals Adidas and Reebok...

Jun 24, 2022

Business

Adidas is suing Nike for technology infringement

Adidas has filed a legal complaint against Nike Inc in a Texan court citing it “knowingly and intentionally” infringed on nine patents related to adidas’ proprietary athletic technology. Adidas claims to have released the first ‘smart’ shoe back in 2004, two decades after it introduced the world’s first shoe with an integrated computer: the...

Jun 14, 2022

Fashion Featured

How Adidas went from street to luxury

A mini travel duffle-shaped bag retails for 2,200 euros; a v-neck t-shirt costs 520 euros; a pair of loafers is 890 euros. Such are the price points of luxury goods, at which most seasoned high-end shoppers rarely bat an eyelid. But these items, as it happens, are from the new adidas collection in collaboration with Gucci, augmenting everything...

Jun 1, 2022

Fashion Featured

Why Nike designed a sneaker that is made to be disassembled

On Saturday, the Brooklyn Half Marathon was held in New York for the first time since the start of the pandemic. A young runner in his thirties collapsed after finishing the 13.1-mile race and was later pronounced dead from a suspected cardiac arrest. The man was one of sixteen people taken to the hospital that day, according to the FDNY, amid...

May 24, 2022

Culture

Louis Vuitton’s Nike ‘Air Force 1’ collaboration on display in New York exhibition

An exhibition dedicated to Louis Vuitton’s collaboration with Nike has opened in New York, displaying a collection of 47 customised Nike ‘Air Force 1’ styles by the luxury fashion house’s late creative director, Virgil Abloh. Running through to the end of May, the public exhibition features some of the beloved designer’s last works, with each of...

May 23, 2022

Fashion

Nike x Jacquemus to launch sportswear collab embracing style and performance

Jacquemus and Nike are to launch their first collaboration, with the collection dropping end of June. The ethos of the range is the belief that sport is not just about performance, it is also an expansion of style and self. In a statement Simon Porte Jacquemus said: “For this collaboration with Nike, I wanted to create a collection that...

May 16, 2022

Business

Nike cuts ties with Russian football team

Nike has confirmed it has ended its long-term sponsorship deal with Russian Premier League team, Spartak Moscow. The sportswear giant has been a sponsor of the football club since 2005. The decision follows an announcement by the Union of European Football Associations (UEFA) to ban the Russian national team from its competitions amid the...

May 16, 2022

Business

Nike requests counterfeiting claims be added to StockX lawsuit while Hermès NFT case moves forward

Nike asked a federal judge of the US District Court for the Southern District of New York on Tuesday to add counterfeiting and false advertising claims to an existing trademark infringement lawsuit against the online secondary sneaker marketplace, StockX. According to reporting from Bloomberg, Nike legal representatives purchased four...

May 11, 2022

Fashion Featured

Nike set to release new Billie Eilish collaboration next week

Nike’s third collaboration with Oscar and Grammy award-winning singer-songwriter, Billie Eilish, is set to drop this coming Monday, April 25. The Nike Air Force 1 Billie pays tribute to Eilish’s love of the 1982 classic, reimagined in a more environmentally friendly version. “The challenge and opportunity with this collection was to respect the...

Apr 19, 2022