Nike Inc. is cutting more than 1,000 global jobs as part of a restructuring to help the sneaker giant battle slowing sales, the Wall Street Journal reports. The company said Thursday that the layoffs ...More
EJ Insight2017-06-16
... American Nike and Chevrolet), but also from a whole host of global and regional brands. Last counted at 30, these names include those who are not traditionally considered sports sponsors like 20th Fo ...More
EJ Insight2017-06-13
... December, Nike announced its "Breaking2 project", with a goal to “test the limits of the human heart”. Adidas is also reported to be working on a sub-2:00 project. The weekend event will be ratified b ...More
EJ Insight2017-05-05
Runners in this year's Standard Chartered Hong Kong Marathon should feel grateful because the organizers have chosen Nike, a beloved brand in the city, as the official apparel sponsor. That's great if ...More
EJ Insight2017-02-08
... ands like Nike, Adidas and Reebok all had similar offerings. Under Armour remained a regional brand, selling sports clothing mainly to university sports teams. In 2000, the company received its first ...More
EJ Insight2017-02-03
... ortswear. Nike reported strong second-quarter results that far exceeded market expectations thanks to 17 percent growth in its Greater China sales compared with the year before, which more than made u ...More
EJ Insight2016-12-23
... hones and Nike sneakers. Internet penetration rate exceeds 30 percent and tech giants like Google and Facebook have tapped into the Cuban market. It’s believed Castro’s death could give Raul Castro mo ...More
EJ Insight2016-11-29
... . phones, Nike and Adidas gear and Haier appliances, the company said on its official blog. -- Contact us at [email protected] CG ...More
EJ Insight2016-11-11
Nike Inc's future orders missed analysts' estimates for the third time in a row, triggering fresh concerns about slowing business growth for the world's largest footwear maker. The company said on Tue ...More
EJ Insight2016-09-28
... s such as Nike Inc. are trying to generate more traffic by “popping up” in front of mall walkers with new or limited-edition products. “Retailers are trying more aggressively to adjust to changing con ...More
EJ Insight2016-08-24
Nike Inc., the world's biggest sportswear maker, said it would stop selling golf equipment, including clubs, golf balls and bags. The company, which built its golf business on the success of golfer Ti ...More
EJ Insight2016-08-04
... hairs are Nike and Pizza Hut. The protests followed a July 12 ruling by the The Hague arbitration panel that China has no historic right to most of the disputed waters in the South China Sea which it ...More
EJ Insight2016-07-21
... a pair of Nike sports shoes, an iconic US sports brand popular in the mainland. The US is seen in China as the strongest ally and protector of other South China Sea claimants including the Philippines ...More
EJ Insight2016-07-15
... ts star's Nike-produced brand. The court said Jordan was a common name in the United States and hence it is hard to make a case for infringement. Qiaodan (喬丹) is the Mandarin name for Jordan. Both New ...More
EJ Insight2016-07-08
... rs ago by Nike with professional basketball player Michael Jordan. The contract, which was initially worth US$500,000 a year, nets the sports superstar around US$60 million a year now. The Nike deal c ...More
EJ Insight2016-05-20
Nike has been forced to apologize after a women's race under its auspices came under fire for chaos and overcrowding. Sixty-two runners in the NRC Women's 10-Kilometer Race were treated for various in ...More
EJ Insight2016-04-05
... ounder of Nike Inc., and Stanford president John L. Hennessy. Nike is contributing US$400 million to the scholarship fund. The program will admit 100 high-achieving students annually. They will recei ...More
EJ Insight2016-03-19
Nike Inc. has unveiled its first power-lacing sneaker, which allows users to make the fit looser or snugger by pressing buttons on the side of the shoe, AP reports. The world's largest sportswear firm ...More
EJ Insight2016-03-18
