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USA: Nike.com Enters The Tour De France With Champion's Video Diary Company Press Release | 30 Jun 00

On July 1, as the Tour de France participants begin making their way through the French countryside, sports fans can log onto www.nike.com /lance and follow the competition through the unique perspective of Lance Armstrong, the race's defending champion.Chris Carmichael, Lance's personal coach and the creator of the Carmichael Training Systems for reaching personal fitness goals, will work with an on-site production team to chronicle the race in the form of a video diary using interviews, photos and imagery. The site will be updated daily, from the first day of the Tour through July 23, when the winner will cross the finish line on the Champs-Elysees in Paris."The main goal of nike.com/lance is to give fans a chance to have an intimate and emotional connection with Lance Armstrong, the world-class cyclist and the person, as he goes through this three-week long test of physical, mental and emotional strength," said Ean Lensch, nike.com/lance site producer. "This is Nike's tribute to Lance and his courage and determination to win again against tremendous odds, inspiring the rest of us to be the best we can be."Nike Inc, headquartered in Beaverton, Ore., markets its products in more than 100 countries and is the world's leading sports and fitness company. Further information about Nike can be obtained at www.nike.com and


USA: Sara Lee Corporation Reshapes Portfolio To Tighten Global Business Focus just-style.com | 31 May 00

Sara Lee Corporation announced today the first steps of a significant reshaping of its business portfolio that will tighten the company's focus on a smaller number of global branded consumer packaged goods segments. Both acquisitions and dispositions will be used to concentrate the company's resources on three business segments: Food and Beverage, Intimates and Underwear, and Household Products. Business disposition plans announced today include initial public offerings and subsequent dispositions for Coach, a leading global leather goods business, and PYA/Monarch, the country's fourth-largest, full-service foodservice distributor. In addition, the company announced its intent to sell Champion, a global manufacturer and marketer of high-quality athletic apparel, and the International Fabrics division of Courtaulds. These businesses do not fit with Sara Lee's renewed focus on branded consumer packaged goods segments in which the company can enjoy leading category positions around the world. These dispositions are designed to streamline the company's structure and create increased value for Sara Lee shareholders. "We have a new vision for Sara Lee, a vision that will focus our business portfolio and resources on a smaller number of more powerful global growth platforms," said C. Steve McMillan, president and chief operating officer. McMillan will assume the role of president and chief executive officer July 1. "What we have begun today allows us to preserve the benefits of diversification while improving the consistency and sustainability of our company's growth prospects and performance over the long term." Several acquisitions and investments also were announced that will strengthen Sara Lee's global position in its Food and Beverage, and Intimates and Underwear segments. These include:


USA: Nike Founder Issues University Of Oregon Statement just-style.com | 25 Apr 00

The following has been issued by Nike:In recent days there have been numerous media reports and speculation regarding my personal philanthropy and relationship with the University of Oregon. As a lifelong Duck and in fairness to the many alums at Nike and around Oregon, I feel obligated to address this personally.

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