US: Nike founder pledges millions to local school
The founder of sporting goods firm Nike and his wife have given a multimillion-dollar gift to a local school.
Phil and Penny Knight have pledged the independent Catlin Gabel school in Portland, Oregon, the largest gift in the school’s history, it announced.
The school said it will fund a 'Knight Family Scholars Program', which it said will attract outstanding new high school students.
A statement said: "Their multimillion-dollar gift for the new endowed Knight Family Scholars Program is a rare opportunity for Catlin Gabel to reach our full potential as a model school as outlined in Ruth Catlin’s philosophy. Phil and Penny Knight’s unprecedented generosity is a tremendous vote of confidence in our school from world leaders in philanthropy."
Help test our new apparel sourcing tool.
The global union representing workers in the garment industry has released what it describes as a "damning" report on working conditions at Asian suppliers making sportswear for Adidas, Dunlop, Gap, G...
Sporting goods giant Nike Inc has tapped former Levi Strauss executive Jim Calhoun as the new VP and CEO of its Hurley action sports apparel brand....
Upscale denim brand 7 For All Mankind has named industry veteran Barry Miguel, the former CEO of CEO of New York City based Tracy Reese, as its new president. ...
The US Olympic Committee (USOC) has extended its sponsorship deal with Nike Inc until 2016, making it official outfitter for apparel, footwear and headwear....
Clothing maker Hoa Tho Textile & Garment Joint Stock Corporation (Hotexco) is building a new VND86bn (US$4.1m) factory in Da Nang city to produce suits for export....
Shares in Nike Inc fell nearly 6% in trading yesterday (17 March) after the sportswear giant's third quarter earnings missed expectations and it warned that rising oil, cotton and transport costs are ...
Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story. ...
- $1.7bn package to boost Pakistan clothing exports
- Outlook 2017 – What next for apparel sourcing?
- Mexico riots hit apparel retailers and shipments
- Is China about to burst its apparel trade bubble?
- Trump and the apparel industry – Infographic
- MAS Holdings planning second industrial park
- Cambodia clothing exports at risk from Brexit
- Aéropostale to reopen 500 stores across the US
- JC Penney latest retailer to shutter stores?
- Apparel brands urge Bangladesh PM to address wages
- Global apparel markets: product developments and innovations, October 2016
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022
- Outdoor performance apparel 2016: A broader perspective