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Nike News

16 Feb 2024

Nike Is Latest To Join Layoffs Spree, To Slash Over 1,600 Jobs

As of May 31, 2023, Nike employed approximately 83,700 workers globally.

26 Dec 2023

Nike To Layoff employees, Amidst Tepid Sales

Nike has announced to cut hundreds of jobs. Nike hasn’t witnessed a substantial sales surge in 2023. The share prices of Nike fell 10 percent after hours of trading.

IT Layoffs 2023

25 Dec 2023

Layoffs 2023: Nike To Sack Hundreds Of Employees

Facing a downturn in sales over the past year, Nike disclosed that the layoffs are a response to the need for organizational streamlining.

12 Feb 2023

Phil Knight's Photo of Watching the King's Record-Breaking Moment Goes Viral

Phil Knight enjoys watching LeBron James' record-breaking moment sans camera at Stadium. James peeps Kareem Abdul-Jabbar to become the all-time top scorer in NBA history. Fans gathered to click the moment at stadium during the match.

03 Oct 2022

Dan Wieden, ad legend who coined Nike's 'Just Do It' tagline, dies at 77

Dan Wieden died on September 30 aged 77 He co-founded Wieden+Kennedy with Davind Kennedy Wieden was born in Poland on March 6, 1945

29 Aug 2022

Toilet paper, soap, pens, tractors are the early products of THESE BIG brands

Continue reading to know more about what Toyota, Samsung, Nokia, LG, Lamborghini & many more well-known brands used to sell in their early phase.

24 Jun 2022

Nike to make full exit from Russia in response to Moscow's actions in Ukraine

Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated stores in Russia in response to Moscow's actions in Ukraine, adding that those still open were operated by independent partners.

08 Jun 2022

Microsoft cuts operations in Russia due to Ukraine invasion: Report

More than 400 employees will reportedly be affected. Apple Inc, Nike and Dell Technologies, have severed connections with Russia. Meta Platforms Inc and Google have also taken measures to restrict Russian state media from making money off ads on their platforms.

23 Dec 2021

Former Olympic coach Alberto Salazar banned for life due to sexual misconduct

Running coach Alberto Salazar got his appeal for a lifetime ban due to sexual misconduct rejected by the US center for SafeSport.

31 Aug 2021

Nike closes corporate offices for week-long mental health break of employees

This development comes ahead of the employee's return to the office. This week-long holiday would only be given only to the employees of Nike's corporate offices. The workers in retail offices will continue to do their work.

11 Apr 2021

After demon blood shoes, rapper Lil Nas X stirs controversy with Montero video

Rapper Lil Nas X recently released a music video titled 'Montero (Call Me by Your Name)' which has gone viral The video shows the rapper embracing his queer identity and seductively dancing with Satan Earlier, Nike had filed a lawsuit against the rapper for launching a customized version of the Nike Air Max 97s with human blood in its sole

02 Apr 2021

Nike wins lawsuit against Lil Nas X's 'Satan Shoes’ with human blood

Claiming trademark infringement, Nike had asked a federal court in New York to stop MSCHF from selling the shoes. The design of the shoes has offended conservatives and religious followers and they had criticised the rapper and art collective. Nike had informed the US District Court for the Eastern District of New York that it has not approved or authorised the customised Satan Shoes.

31 Mar 2021

Human-blood infused in these shoes, American company stirs controversy

American rapper Lil Nas X has stirred controversy after he launched controversial 'Satan Shoes'. The limited-edition shoes were priced at over Rs 74,834 pair each. Only 666 pairs were made with blood and hellish themes.

12 Sep 2020

Neymar signs deal with PUMA, ends 15-year association with Nike

German global sports company PUMA on Saturday announced that the company has managed to ink a long-term deal with Brazilian striker Neymar Jr. With this, Neymar`s 15-year-long association with Nike has also come to an end. The company had signed on with the Brazilian striker when he was just 13-years-old. As a result, Neymar will now be seen sporting the legendary PUMA KING football boot. He will be a brand ambassador off-pitch for the company as well.

13 Nov 2019

Nike says bye to selling on Amazon

Big brands have quit Amazon's platform due to sales of counterfeit products and unauthorised sellers which undermines the value of the original brands.

05 Apr 2019

World number one Naomi Osaka signs with Nike

The Japanese, who had previously been tied to rival Adidas, will first wear Nike gear at the Stuttgart Grand Prix later this month, the U.S. sportswear maker said on its website.

Cristiano Ronaldo

05 Oct 2018

Sponsors EA and Nike concerned over Cristiano Ronaldo rape allegation

Sportswear maker Nike Inc and video game maker Electronic Arts Inc and said on Thursday they were concerned about rape allegations against Cristiano Ronaldo, one of the world`s best football players.

FIFA World Cup 2018

13 Jul 2018

Nike celebrates FIFA World Cup 2018 finalists

The World Cup final on Sunday will not only be an all-European affair but an all-Nike match. For the first time in its history, the American sportswear manufacturer will be providing the kit for the two finalists, France and Croatia.

FIFA World Cup 2018

14 Jun 2018

No boots, no problem as Queiroz plays up Iran unity ahead of Morocco clash

Nike announced they have been forbidden from providing football boots to Iran national team on account of sanctions imposed by United States

FIFA World Cup 2018

11 Jun 2018

Iranian coach appeals to FIFA over Nike boycott

Iran national football team`s head coach Carlos Queiroz has called on FIFA to intervene after US sportswear giant Nike said it would not provide shoes to Iranian players in the World Cup in line with American sanctions.

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