A jury in New York federal court awarded Nike $355,450 on Friday after finding that Lululemon's athletic shoes violated the sneaker giant's patent rights, according to a verdict sheet made public on Monday.
Liverpool have signed a multi-year kit deal with Adidas beginning next season that will replace sportswear manufacturer Nike, in what British media reports say is a five-year agreement worth more than 60 million pounds ($77.36 million) per year.
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Foot Locker delivered mixed holiday results and warned that profits will be under pressure in the year ahead. Its largest brand partner, Nike, is using discounts to clear out stale inventory, which is impacting Foot Locker's performance.
Nike has faced significant headwinds, but I remain bullish long-term, especially with the new partnership with Kim Kardashian targeting women Millennial and Gen Z consumers. Despite ongoing challenges and competition, Nike's strategic moves, including sports marketing investments, aim to drive consumer retention and traffic growth. Nike's financial performance shows slight revenue growth but fa...
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3...
Whether Adidas can win more American shoppers from market leader Nike will be key to its continued success this year, investors and analysts said, as the German brand looks for new sources of growth beyond its Samba and Gazelle sneakers.
Pershing Square Capital Holdings' Bill Ackman is perhaps best known for concentrated investments in a handful of “wonderful,” easy-to-understand businesses flush with free cash flow.
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