BOSTON (AP) -- A Massachusetts company has sued Nike and the Naismith Memorial Basketball Hall of Fame, claiming it has been cut out of the sportswear business related to Michael Jordan's upcoming induction into the Hall.
Value investing in a deep recession is a bit like trying to bargain hunt at a dollar store. At first blush you're overwhelmed by the prices on just about everything. A value investor is, after all, drawn to beaten-down stocks trading at low prices relative to earnings.
Nike Inc. announced details Friday of its previously announced plan to restructure that could result in the cutting of as many as 1,400 jobs.
Posing as a fashion buyer, an Australian TV reporter gained entry to a Malaysian T-shirt factory, where foreign migrant workers told a grim tale. They had been forced to surrender their passports while their wages were being garnished to pay off hefty recruiting fees. Worse still, they were living in crowded, filthy rooms.
Nike Inc. has sued Wal-Mart Stores Inc., alleging the giant retailer is selling shoes that infringe on Nike's patented designs
Hurdler Liu Xiang's surprise departure from the Olympics was a blow to advertisers including Coca Cola and Nike that made the 25-year-old hurdler a star of campaigns aimed at Chinese consumers
More than 20,000 Vietnamese workers have walked off the job at a Taiwanese-owned plant that makes shoes for Nike Inc., demanding higher pay to keep pace with skyrocketing prices
U.S. stock futures rose Thursday as investors concentrated on solid financial earnings from Oracle and Nike and shugged off problems at Bear Stearns and FedEx.
It's May 31, 2007, in Auburn Hills, Mich., and the Cleveland Cavaliers, a Cinderella team no one expected to get this far, are down 107 to 104 in the crucial game five of the Eastern Conference finals against the Detroit Pistons when LeBron James launches a fadeaway three-pointer to tie with 1:14 to go in the second overtime. One minute and 12 seconds later he seals the game with a vicious drive down the lane to put his team up 109 to 107.
Nike unveiled Tuesday what it said is the first shoe designed specifically for American Indians, an effort aiming at promoting physical fitness in a population with high obesity rates.
BOSTON (AP) -- A Massachusetts company has sued Nike and the Naismith Memorial Basketball Hall of Fame, claiming it has been cut out of the sportswear business related to Michael Jordan's upcoming induction into the Hall.
Value investing in a deep recession is a bit like trying to bargain hunt at a dollar store. At first blush you're overwhelmed by the prices on just about everything. A value investor is, after all, drawn to beaten-down stocks trading at low prices relative to earnings.
Nike Inc. announced details Friday of its previously announced plan to restructure that could result in the cutting of as many as 1,400 jobs.
Posing as a fashion buyer, an Australian TV reporter gained entry to a Malaysian T-shirt factory, where foreign migrant workers told a grim tale. They had been forced to surrender their passports while their wages were being garnished to pay off hefty recruiting fees. Worse still, they were living in crowded, filthy rooms.
Nike Inc. has sued Wal-Mart Stores Inc., alleging the giant retailer is selling shoes that infringe on Nike's patented designs
Hurdler Liu Xiang's surprise departure from the Olympics was a blow to advertisers including Coca Cola and Nike that made the 25-year-old hurdler a star of campaigns aimed at Chinese consumers
More than 20,000 Vietnamese workers have walked off the job at a Taiwanese-owned plant that makes shoes for Nike Inc., demanding higher pay to keep pace with skyrocketing prices
U.S. stock futures rose Thursday as investors concentrated on solid financial earnings from Oracle and Nike and shugged off problems at Bear Stearns and FedEx.
It's May 31, 2007, in Auburn Hills, Mich., and the Cleveland Cavaliers, a Cinderella team no one expected to get this far, are down 107 to 104 in the crucial game five of the Eastern Conference finals against the Detroit Pistons when LeBron James launches a fadeaway three-pointer to tie with 1:14 to go in the second overtime. One minute and 12 seconds later he seals the game with a vicious drive down the lane to put his team up 109 to 107.
Nike unveiled Tuesday what it said is the first shoe designed specifically for American Indians, an effort aiming at promoting physical fitness in a population with high obesity rates.
Stocks gained Friday morning, restarting the recent advance after a one-day sell-off, as investors welcomed upbeat earnings from Oracle and Nike and kept an eye on the falling dollar and near-record crude oil prices.
Nike Inc. reported a 51-percent increase in fiscal first-quarter net income Thursday, boosted by higher revenue and favorable exchange rates for the world's largest athletic shoe and clothing company.
One by one they stepped up to the 15-foot-long megaphone, 18 women looking like Jack in the Giant's lair. Only they're Jills. And they're done trying to fit in the Giant-sized world. Their message was simple: we're done being judged as female athletes and are ready to drop kick the female qualifier.
BEAVERTON, Ore. (AP) -- Nike severed its ties with Michael Vick on Friday after he filed a plea agreement on dogfighting charges and was suspended indefinitely by the NFL.
Name: Kiley Harris School: West Virginia Year: Senior Age: 21 Major: Sport Management Internship: Adrenaline internship program, Nike Headquarters (paid and for college credit) Hours: 8-5, M-F, until August 3
The more things change, the more they stay the same.
Nike's fourth-quarter profit rose by nearly a third on surprisingly strong U.S. and foreign demand for its shoes and apparel, beating Wall Street estimates and sending its shares up more than 5 percent.
BEAVERTON, Ore.(AP) The U.S. Golf Association approved new drivers from Nike on Monday to replace some Sumo Squared Drivers that did not meet the organization's regulations.
BEAVERTON, Ore. (AP) - The U.S. Golf Association approved new drivers from Nike on Monday to replace some Sumo Squared Drivers that did not meet the organization's regulations.
I must be dreaming. I haven't slept in over a day and I'm finally lying down on a comfy bed and about to fall into a deep sleep when a voice in the distance softy asks, "Hey Arash, do you want to design your own shoe?"
Remember that classic nightmare - the one where you're back in high school on test day, and you suddenly realize you've never attended the class before? Well, managers have a recurring nightmare to...
While companies are taking steps to lower turnover, employees are reaping the benefits. Here are five examples of companies who really make an effort to keep their stars happy.
I last recommended Nike nine months ago, saying that investors were underestimating the stock's potential.
Most FORTUNE 500 companies employ brigades of lawyers to limit their legal liability. But how many worry about their "moral liability"? Probably not enough, if only because the lines are blurring between the two.
If investors are running away from retail stocks due to rising gas prices, they could be making a mistake.
There will be a lot of yellow flashed on the tee of Augusta this weekend.
Tiger's got a yellow streak.
Beware the fury of a frustrated founder. In January Phil Knight ousted CEO William Perez, his hand-picked successor, after only 13 months on the job and replaced him with Mark Parker.
Something happened on the basketball court recently that many thought they would never see again: Kobe Bryant filming a television commercial.
As a rule, I'm suspicious of growth stocks in the apparel business. And I'm even more doubtful when those companies have market capitalizations that top $20 billion.
I WAS ALWAYS A SOUND SLEEPER. I JOINED Simmons as head of the Beautyrest brand, but I found I had more of a passion for working on new stuff, like the HealthSmart. You shed millions of skin cells a...
Athletic footwear giant Nike got a lesson in punk rock power recently with a promotion that looked a little too familiar to diehard fans of an 80's punk rock band known to be nonconformist, according to a report Monday.
Not content merely to help athletes jump higher and run faster, Nike wants to help them see better too. As early as late July, it will join forces with Bausch & Lomb to release MaxSight, a line of ...
RESCUE WORKERS needed a week to dig out the bodies last April after a garment factory collapsed in Dhaka, Bangladesh. At least 80 people died, and another 100 were seriously injured. The factory ma...
When Elizabeth Street in New York emerged as a hipster shopping mecca a few years ago, it seemed likely to follow a certain pattern.
NRS Inflatable Kayak, $700 As a recreational boater in the 1960s, Bill Parks, then a university business professor, was disappointed by the low-tech kayaks he found. So he built a prototype and in ...
I had been warned that the interview would be a crapshoot. On some days Phil Knight opens up; on others he barely says a word. I got lucky. On this gray January morning the founder of Nike was will...
[HIT] Why it pays to get in touch with your feminine side. Harley-Davidson is firing on all cylinders. In January the motorcycle maker reported a record $890 million in profits for fiscal 2004, wit...
CAST YOUR MIND BACK TEN YEARS. A COMPANY called Netscape is busy engineering a tool for browsing the Internet. Jeff Bezos is polishing his business plan for a company called Amazon. And jeans maker...
As the Summer Olympics gets underway, it's time to consider the true powerhouse in international sports.
Endorsement deals from Nike Inc. are now worth $1.7 billion, up about 19 percent from a year earlier, according to the company's most recent Securities and Exchange Commission filing.
Even as he endures a major-victory drought on the golf course, Tiger Woods is still on top of his game: the endorsement game, that is.
On the seventh floor of Saks Fifth Avenue's flagship New York City store, nestled between Dolce & Gabbana and Polo, are Nike soccer shirts. The sneaker giant, for the first time in its 33-year hist...
When Ted Monney opened a new skateboard shop in Hollywood five months ago, he decided to stock it with a surprising line of skate shoes: Nikes. More than a few of his customers chided him about car...
Stocks finished higher Thursday on speculation that a top al Qaeda official might soon be captured, but investors may be focusing more on earnings Friday following late-day results from Nike and Adobe Systems.
Nike
For the privilege of working 12-hour shifts seven days a week in a factory where she makes plastic casings for Motorola cellphones, Mary, 30, will be in debt for years to come.
In case you hadn't noticed, Nike is back. For the past three quarters, the Beaverton, Ore., behemoth has met or exceeded Wall Street's forecasts. Analysts expect earnings to jump another 13% for th...
On a sunny August afternoon in Los Angeles, a crowd of teens gathers outside the studios of Nickelodeon, the children's cable television network. They've come to this seedy stretch of Sunset Boulev...
Who knows what evil lurks in the soles of men? Gordon Thompson III, for one. As head of design for Nike, Thompson logged hundreds of thousands of miles flying around the world. The result: sore fee...
The MONEY 30, an index of blue-chip growth stocks at the forefront of today's economy, rose just 0.3%--to 4293--from Aug. 15 to Sept. 8 (January 1996 = 1000). Biotech giant Amgen was the best perfo...
The MONEY 30, an index of blue-chip growth stocks that are at the forefront of today's economy, gained 6.1% from June 23 to July 17, jumping to 4290 (January 1996 equals 1000). Once again, tech sho...
Simply put, Nike has reinvented the running shoe. The new Air Presto ($85; nike.com) is built almost entirely with one piece of stretch mesh. That means the shoes can be sold in unisex sizes from X...
Blame Nike. Brannon Cashion certainly does. A senior vice president at branding and design firm Addison Whitney, Cashion sees Nike as the culprit behind just the latest oversold Internet-era trend:...
$15.25 a share.[1] Callaway Golf Co.'s shares (ELY; NYSE) have inched upward lately on sales of Big Berthas, the wildly popular clubs swung by Bill Gates and rocker Alice Cooper.
The MONEY 30, an index of blue-chip growth stocks representing the new economy, remained almost unchanged at 3,885 from Jan. 24 to Feb. 23 (January 1996 =1000). Sun Microsystems and Cisco Systems g...
As recently as last fall, Nike's famous swoosh seemed to be dragging. Its stock had fallen 40%, to $31, earnings were off badly and once-robust Asian sales were barely showing a pulse. The pro bask...
$28.99 Couch potatoes might consider the 100-channel DISH Network package. The monthly fee is little more than basic cable. And you can install it yourself; hardware costs $200 to $500.
STOCKS TO MAKE A VALUE MANAGER SMILE
Who would have imagined it? After years on top, Nike suddenly looks like a world-class marathoner who, in midrace, questions whether he's got what it takes to keep on running. Nike's symptoms of di...
There's a peculiar new guidepost for those braving the treacherous world of emerging markets, and it's shaped like a swoosh. The "Nike indicator," dreamed up by Hong Kong investment research firm J...
There isn't a Swoosh in sight. As a couple of hundred college coaches watch an exhibition game from wooden bleachers, the cream of American high school basketball prays for a smile or a nod. Sonny ...
Meet two powerful consumers coveted by some of the country's biggest companies: Willie Hershey, 8, pictured at left, and Elizabeth Severson, 17, photographed on page 100.
The run-up in Nike's stock has stalled recently, but its long-term performance has been remarkable, averaging a 47% annual total return for the past ten years. But it's not just shoes that propel t...
THIS MONTH: --Protect yourself from a blue-chip dip. --Small investors abandon utilities. --Why profits are up at the New York Times
On Thursday, March 20, after the stock market closed, Nike reported yet another huge quarter: revenue up more than 50%; net income well above analysts' expectations; management euphoric enough to s...
Your son, newly a teenager, is playing in a basketball game in an overheated gym in suburban Connecticut. As he grapples for a rebound, a nasty red-haired kid on the other team nails him in the nec...
If the shoe splits, turn it into a running track. That's what Nike would like to do. In a pilot project in Fort Myers, Florida, one August weekend, Nike collected 1,100 pairs of old sneakers. Now N...
Investors dumped the shares of one company after another that reported results below expectations as first-quarter earnings were announced in late April and May. United Airline's share price fell 6...
The Grateful Dead's sponsorship of Lithuania's Olympic basketball team is the latest warp on what's fast becoming a capitalist tradition. With amateurism now a thing of the past, more companies are...
WHILE MUCH of corporate America tries to do business with less -- less money, fewer employees, fewer customers -- a few renegades have begun to ask: How can I sell more? ''Companies are coming to r...
With swimming, basketball, and other indoor sports maxed out in popularity, what will recreational athletes do next? Take a hike. Or a camping trip. Kurt Salmon Associates, a consulting firm, predi...
As the solid black door slides open, you hear an excited voice over a loudspeaker: ''Ladies and gentlemen, the 15-year veteran of the National Football League, D-a-a-a-n Fouts!'' The crowd roars. T...
IN ARCHITECTURE as in so much else, the 1980s was the decade of excess. It was an era of overbuilding -- in both senses of the word: Not only did developers put up too many office structures, but a...
THINK OF the great American business centers, the kinds of places where the entrepreneurial spirit thrives and tremendous wealth blossoms. Go ahead. Name a few. Columbus, Ohio? Northwestern Arkansa...
THOMAS E. CLARKE, 39 NIKE INC. Here's a marketer who puts himself in the customer's shoes -- literally. Clarke runs in his Nikes twice a day and has completed 30 marathons. His personal best: an im...
WHAT a difference a decade makes. In the 1980s quality was the great corporate crusade. American industry strove to banish defects from its products and superfluous layers from its bureaucracies. T...
Share prices of the FORTUNE500 industrial corporations and their Service 500 counterparts fell an average 22% last year. But that drop hides some good news for investors who shamelessly -- if unsci...
Nike. The athletic shoe superstar ($52.25, OTC) is floating on Air -- and a low P/E ratio of 8.8. Diversification could help produce a lay-up to $70 a share by year's end. Page 59
For the past five years, Nike and Reebok have been in a close race, with each holding 25% to 30% of the $5 billion U.S. market for athletic shoes. Their latest competition: Nike's Air Pressure shoe...
Holy athletic footwear! In this summer's runaway hit movie, Batman wears boots designed by Nike. The hero here is mild-mannered Tinker Hatfield, 37, creative director for product design at the $1.7...
Owning Nike shares has been like jogging over hilly terrain. It's enjoyable only if you don't mind the bumps. The stock dipped below $7 a share in 1985, rose to $20 last year, fell again to $11, an...
People once walked a mile for a Camel. Now they do it for fitness. As running has peaked, walking has hit its stride -- and just because you have walked most of your life without thinking about it ...
Nike lost its footing when the jogging craze peaked and the aerobics boom began; 1984 profits sagged as the company sold millions of shoes below cost (FORTUNE, November 12, 1984). Now Nike is runni...
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