Nike

Nike, Inc. has beat profit expectations, reporting Tuesday that fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17% compared to the prior-year comparable period and up 27% on a currency-neutral basis.

Overall revenues for the Nike brand were $12.7 billion, up 18% on a reported basis and up 28% on a currency-neutral basis, with strong growth across all geographies and channels.

Aug 01, 2019 17:08
DAKAR, Senegal: The Basketball Africa League (BAL) Thursday announced Cairo (Egypt), Dakar (Senegal), Lagos (Nigeria), Luanda (Angola), Rabat (Morocco) and either Monastir or Tunis (Tunisia) as the host cities where the inaugural BAL regular season will take place and Kigali (Rwanda) as the host city for the first-ever BAL Final Four and BAL Final.
Jun 29, 2019 14:06
PARIS: Paris Saint-Germain and Nike Friday announced the signing of an extended and ambitious long term partnership that highlights the status of the club as one of Nike’s key global sports assets.
Jun 07, 2019 17:06
BEAVERTON, Ore.: NIKE, Inc. Thursday announced that Ratnakar Lavu will become the company’s first global chief digital information officer, effective June 17. He will report to Eric Sprunk, Nike chief operating officer. Lavu will lead all of Nike’s global technology functions across the enterprise with responsibility for accelerating new digital capabilities for Nike.
Apr 15, 2019 17:04
NEW DELHI: Just under a month after reports surfaced that Puma was set to replace Nike as LaLiga’s official match ball supplier, the German sports retail giant confirmed Monday a long-term agreement with the Spanish football league to become its official technical partner.
Apr 06, 2019 16:04
NEW YORK: Two-time Grand Slam winner and current World No. 1 Naomi Osaka has joined Nike’s elite roster of professional athletes. The Japanese superstar had previously been endorsing rival adidas.
Mar 30, 2019 10:03
BEIJING: The National Basketball Association (NBA) has collaborated with Nike, its official on-court apparel provider and Topsports, a leading sports retailer in China for opening the league’s biggest retail outlet outside of North America and by far the largest in the Asian country.
Mar 19, 2019 12:03
MADRID: German sports retail giant Puma is increasing its stronghold in global football by bagging another massive deal, this time with Spain’s LaLiga.
Mar 12, 2019 15:03
PARIS: Nike has become the latest global brand to show its support for women’s football with two major developments recently.
Mar 02, 2019 14:03
SHANGHAI: The League of Legends announced Thursday that global apparel giant Nike has agreed to become the official apparel and footwear partner for all the 16 teams in its Pro League (LPL) in China. It is one of the 13 premier regional leagues that qualify teams for major global events like the upcoming Mid-Season Invitational and the League of Legends World Championship.
Mar 02, 2019 13:03
HYDERABAD: Nike, the official apparel sponsor of the Board of Control for Cricket in India (BCCI), Saturday launched the latest ODI kit for the men’s and women’s national teams.