Nike news and archive

More changes at Nike as new Converse CEO announced

US sportswear giant Nike is continuing to reshuffle its leadership team, this time with the appointment of Jared Carver as the new CEO and president at footwear label Converse. Carver has worked for the past four years as the vice president and general manager of Converse’s North America business, where he was credited with unlocking “strong...

Fashion

These are the most counterfeit sneakers

As Oscar Wilde said, “imitation is the sincerest form of flattery”. For sneaker manufacturers, however, this is only a small consolation, because they miss out on much revenue each year - millions, to be sure, because according to estimates, the global sneaker market is worth more than 81 billion British pounds (100 billion US dollars). When...

Fashion |CEO-Interview Featured

Sneakerness CEO: It's no longer just team Nike or Adidas

This weekend, Sneakerness, an international sneaker fair for end consumers, stops in Amsterdam. The format, which also takes place in other European cities such as Cologne, London and Paris, brings together a community that is interested in art, sport, music and fashion in addition to the popular trainer. Big brands are always present as well....

ManagementFeatured

Nike reshuffles senior leadership team to drive greater integration

Sportswear giant Nike has announced a series of leadership changes in a bid to drive deeper integration across the business and further its commitment to product innovation. Among the shifts are that of Heidi O’Neill, who will be adjusting her title from president, consumer and marketplace to president, consumer, product and brand. In the...

Business

Nike partners with Strava on digital fitness services

Sportswear giant Nike is looking to elevate its fitness services through a new partnership with training tracking app Strava. Through a pilot programme launching in June, the brand will introduce the opportunity for members on the Nike Run Club app and Nike Training Club app to access data and share their workouts on Strava’s platform. With the...

Report

Nike appoints Maria Henry to its board of directors

Nike, Inc. has appointed Maria Henry to the company’s board of directors. Henry, the company said in a release, was chief financial officer of Kimberly-Clark Corporation from April 2015 through April 2022, and served as executive vice president and senior advisor of Kimberly-Clark Corporation from April 2022 until her retirement in September...

Fashion

Nike, Adidas, Shein, Temu in US probe over forced labour in China

The House Select Committee on the Chinese Communist Party (CCP) in the United States is currently scrutinising some of the world's largest brands regarding forced labour and origin of their cotton-based products. The committee has sent letters to major fashion and sportswear retailers, including Nike, Adidas, Shein, and Temu, to inquire about...

Fashion

Nike Re-Creation collections to launch in London and Paris

Nike announced the launches of new upcycled collections in the frame of its Re-Creation program for London and Paris this summer. For Re-Creation, discarded clothes are collected and re-created into a wearable condition, and then further redistributed, all on a local scale, combining creativity, innovation and the outlook onto a circular...

Fashion

Nike’s Swoosh to drop first virtual collection

Swoosh, Nike’s new platform for virtual creators, announced the drop of its first virtual collection, called Our Force 1 (OF1), which was co-curated by the Swoosh community and acts as an homage to the classic Air Force 1 (AF1) shoe. Users can choose between two digital “boxes”: The Classic Remix box contains a custom AF1 with a nostalgic twist...

Report

Nike appoints new chief communications officer

Sportswear giant Nike has named KeJuan Wilkins its new executive vice president, chief communications officer, succeeding Nigel Powell, who will be retiring this summer. In the position, which will come into effect June 1, Wilkins has been tasked with leading all global corporate, consumer and employee communications for the company. In a...

ManagementFeatured

Nike sales increase by 14 percent in Q3

For the third quarter, revenues for Nike, Inc. increased 14 percent to 12.4 billion dollars compared to the prior year and were up 19 percent on a currency-neutral basis. Revenues for the Nike brand were 11.8 billion dollars, up 14 percent on a reported basis and up 19 percent on a currency-neutral basis, with double-digit growth in North...

Fashion

Puma, Nike: Brands increasingly turning backs on kangaroo leather

Did you know that many soccer shoes are made from kangaroo leather? For example, the Puma King, worn by soccer gods such as Diego Maradona, Eusébio, Lothar Matthäus and Pelé, has been made from kangaroo leather for years. What once seemed exotic and represented quality has now acquired an unpleasant aftertaste: For many years, environmentalists...