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The Latest Breaking News from NIke

Nike Not Renewing Franchise Agreements in Russia, Says Newspaper

US sportswear maker Nike has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major US brand since Russian forces entered Ukraine. Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated…

Asharq Al-Awsat

Nike not renewing franchise agreements in Russia - newspaper

U.S. sportswear maker Nike has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major U.S. brand since Russian forces entered Ukraine in February.

Reuters

Here's How Much $100 Invested In Nike 15 Years Ago Would Be Worth Today

Nike (NYSE:NKE) has outperformed the market over the past 15 years by 8.1% on an annualized basis producing an average annual return of 14.5%. Currently, Nike has a market capitalization of $167.20 billion.

Benzinga

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Reebok launches accessible sneaker collection called Fit to Fit

The capsule includes a training sneaker and a lifestyle sneaker, each designed for easy on-and-off wear to accommodate the needs of people with disabilities.

Input

4 Retail Stocks to Avoid as Consumers Spend Less on Discretionary Items

Although retail sales surged in April, the inflationary pressures might dampen consumer demand. Consumer spending has been shifting away from discretionary retail toward staples in the face of the soaring inflation. Hence, we think discretionary retail stocks NIKE (NKE), Starbucks (SBUX), Five Below (FIVE), and Williams-Sonoma (WSM) might be avoided…

StockNews.com

Travis Scott’s Nike Air Trainer 1 raffle gets more than 1M submissions

Even after the tragic events of Astroworld, over one million entries were reportedly submitted for a raffle of Scott’s upcoming Nike kicks.

Input

Supreme and Nike's spring collection is full of simple staples

Corduroy and fleece for all your spring and summer fits.

Input

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Missing 13-year-old Lena Szulc prompts urgent PSNI appeal

Anyone with information is being urged to contact the PSNI

Belfast Live

Benzinga's Top Ratings Upgrades, Downgrades For May 23, 2022

Benzinga

High-fashion collabs mark new chapter in rivalry between Nike and Adidas

Next month the sportswear giants release highly anticipated collabs with Jacquemus and Gucci

The Guardian - UK

New York Sneaker Expo Presents Some of Virgil Abloh's Last Works

Some of Virgil Abloh's final creations will be on public display in New York in an expo that also confers further mystique to the lucrative world of specialty sneakers. Opening Saturday and running through the end of May, the show will present 47 customized Nike "Air Force 1" sneakers designed…

Asharq Al-Awsat

What Are Whales Doing With Nike

A whale with a lot of money to spend has taken a noticeably bullish stance on Nike. Looking at options history for Nike (NYSE:NKE) we detected 29 strange trades.

Benzinga

Louis Vuitton honors Virgil Abloh with a Nike Air Force 1 exhibition

The NYC display, known officially as "Louis Vuitton and Nike 'Air Force 1' by Virgil Abloh," showcases all 47 editions of the Air Force 1 imagined by Abloh.

Input

J Balvin's Nike Air Jordan 2 sneaker is all clear skies and good vibes

The light-up sneaker has finally been revealed.

Input

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Bristol Post

Mum of missing Nasim, 14, makes emotional appeal for help to find him

"I love him and I miss him. I want him to know that he is also being missed"

Input

Nike and Drake’s NOCTA Hot Step Air Terra sneaker gets a purple revamp

Perfect for Champagne Papis and Mamis alike, the lilac sneaker is expected to arrive this summer.

Input

Concepts and Nike SB's 'Orange Lobster' Dunk Low is the catch of the year

Reviving the "Lobster" series for a sixth and presumably final iteration.

Input

Nike and Union’s retro Cortez sneaker is ready for a ‘70s summer

A vintage look dresses the Cortez, just as it celebrates its 50th anniversary.

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Input

Billie Eilish has a patchwork Nike Air Force 1 Low in the works

This time she's going strapless.

The Independent UK

‘It’s fairytale stuff’: University student Matthew Stonier relishing Diamond League debut

Exclusive interview: The 20-year-old Loughborough student will feature in a stacked men’s 1,500m in Birmingham after victory in the Nike Emsley Carr Mile

Football London

William Saliba drops second major Arsenal hint in 24 hours amid new kit release ahead of Everton

Arsenal's new home kit is now available to buy on the club's website but as a result of the new launch, two hints about William Saliba's future have been dropped

StockNews.com

Should You Add Shares of Nike to Your Investment Portfolio?

Nike’s (NKE) recent acquisition of RTFKT should help accelerate its digital transformation. It is already more profitable than its peers and analysts expect its revenue and EPS to increase. However, given its stretched valuation and mixed financials, is it worth adding the stock to one’s portfolio now? Read on to…

Manchester Evening News

Puma go back to move forward with Man City kit and shrug off Nike concerns

Manchester City have launched their 2022/23 home kit with Puma taking inspiration from the successful side from the late 1960s

Glasgow Live

Images released of three men after properties broken into and occupiers assaulted

Police Scotland believes the three men in the images may be able to help with their investigation into the incident which occurred at Watson Street in Motherwell.

Benzinga

Why Nike Shares Are Getting Hammered Today

Shares of several companies in the retail, including Nike Inc (NYSE: NKE), are trading lower following weak retail earnings this week from Walmart and Target. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.

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