Nike sues New Balance, Skechers for patent infringement
Nike sued rival shoemakers New Balance and Skechers on Monday, accusing both companies of patent infringement for allegedly copying Nike-developed technology.
Ja Morant's signature shoe release appears to be in question after latest gun incident
Memphis Grizzlies star Ja Morant appeared to have his signature Nike shoe dropped from the retail website amid the latest gun incident.
World's top 50 highest-paid athletes break numerous records
Forbes' latest top 50 highest-paid athletes in the world broke numerous records for last year, which includes the likes of Cristiano Ronaldo, Lionel Messi, LeBron James and more.
Nike faces onslaught of thefts from the warehouse to retail shelves
Nike is seeing theft crimes ranging from criminals targeting shipments of merchandise on trains, trucks and at warehouses, to thieves walking out of retail stores with apparel.
Nike closing downtown Seattle store amid crime wave
Sneaker giant is leaving downtown Seattle, Washington amid crime concerns and post-pandemic shopping woes as the city struggles to bounce back from the pandemic.
Nike's second quarter earnings show revenue growth amid uncertainty for retailers
The athletic retailer Nike saw its revenue increase and beat prior expectations, according to the company's earnings report for the second quarter.
Nike, Kyrie Irving part ways after antisemitism controversy
Brooklyn Nets star Kyrie Irving and Nike parted ways weeks after the NBA point guard's controversy over the promotion of a movie that spreads antisemitic disinformation.
Portland Nike store abruptly closes after brazen shoplifting incidents
The Nike Community Store in Portland, Oregon, has been closed for weeks after an increase in crime, according to local media, with no indication on when the store will reopen.
Odell Beckham Jr. files lawsuit against Nike claiming the loss of millions
Super Bowl champion Odell Beckham Jr. has filed a lawsuit against Nike, alleging that the company failed to "honor its commitments," resulting in the loss of millions.
Nike's Phil Knight suggests company's relationship with Kyrie Irving is over: 'I would doubt we go back'
Nike co-founder Phil Knight suggested Thursday the company's relationship with Kyrie Irving is over following the star's antisemitism controversy.