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Nike Inc

Five changes to expect at Nike as Donahoe takes charge

14 January 2020 | Hannah Abdulla

It's all change at the top for sportswear giant Nike Inc as John Donahoe yesterday (13 January) took over the reins as the company's fourth CEO in its 55-year history. But with a background in technology rather than retail and sportswear, what changes are likely under his leadership?... read more


New Nike Atsuma shoe aims to reduce material waste

3 January 2020 | Leonie Barrie

A new Nike sneaker released this week (1 January) aims to reduce material waste by using scraps created during the production process.... read more


Nike Infinalon fabric offers enhanced stretch and recovery

2 January 2020 | Michelle Russell

Sportswear giant Nike has developed a performance fabric it says offers nearly double the stretch and recovery of a fabric made from spandex.... read more


Nike Q2 profit surges as higher prices offset tariffs

20 December 2019 | Leonie Barrie

US sporting goods giant Nike Inc has booked a 32% jump in second quarter profit after higher prices helped offset US trade tariffs.... read more


Nike invests in hands-free footwear technology firm

21 November 2019 | Beth Wright

US sportswear giant Nike has made a strategic investment in Handsfree Labs, a specialist in hands-free footwear technology that enables consumers to step in and out of shoes more easily without lacing or the use of hands.... read more


Nike to stop selling products on Amazon

15 November 2019 | Hannah Abdulla

Nike has confirmed it will no longer be directly selling its products through online platform Amazon.com.... read more


Nike to sell surf brand Hurley for undisclosed sum

30 October 2019 | Beth Wright

US sportswear giant Nike has inked a deal to sell its Hurley surf brand to private equity firm Bluestar Alliance.... read more


Nike leads pledge to prohibit trans-Arctic shipping

28 October 2019 | Beth Wright

Fashion firms Bestseller, Columbia, Gap Inc, H&M Group, Kering, Li & Fung and PVH Corp have joined a new pledge led by US sporting goods giant Nike and environmental group Ocean Conservancy to prohibit shipping through the Arctic Ocean.... read more


Nike CEO Mark Parker to step down

23 October 2019 | Beth Wright

Nike's Mark Parker is to step down as CEO of the US sporting goods giant next year, but will take on the role of executive chairman as he hands the reins to board member John Donahoe.... read more


Casual fashion continues to draw US teen spend

9 October 2019 | Beth Wright

Athletic brands such as Canadian yogawear retailer Lululemon and sportswear giant Nike continue to prove popular with teens in the US, as casualisation of fashion continues despite teen spending falling to the lowest levels in eight years.... read more


Nike posts Q1 profit jump on higher revenue

25 September 2019 | Hannah Abdulla

US sportswear retailer Nike Inc has reported a 25% jump in first-quarter profits to US$1.4bn driven by strong revenue growth.... read more


Nike supply chain gets speed boost from new DC

17 September 2019 | Michelle Russell

Sporting goods giant Nike Inc has moved another step closer to reaching its zero carbon and zero waste target with the opening of a new distribution centre in Belgium powered entirely by renewable energy.... read more


Nike teams with Levi Strauss on footwear customisation

22 August 2019 | Beth Wright

Nike is teaming up with jeans giant Levi Strauss & Co to offer consumers the chance to customise its footwear with Levi's fabrics and trims.... read more


Nike launches first footwear subscription box for kids

13 August 2019 | Beth Wright

US sporting goods giant Nike has launched its first footwear subscription service for children in a move it says will make shopping for youngster's shoes as convenient as possible – but which also builds a direct-to-consumer connection with the next generation of customers.... read more


Nike acquires predictive analytics platform Celect

7 August 2019 | Beth Wright

US sporting goods giant Nike has acquired predictive analytics platform Celect in a move that will help it to anticipate consumer needs and optimise inventory across multiple channels.... read more


Nike uses beads in innovative new cushioning system

30 July 2019 | Beth Wright

US sporting goods giant Nike has revealed a new cushioning system made from thousands of thermoplastic elastomer or TPE beads that work to create a personalised footbed that forms to the foot. ... read more


Nike exploring options for Hurley surfwear brand?

26 July 2019 | Hannah Abdulla

Sportswear brand Nike is reportedly eyeing a sale of its surfwear brand, Hurley International.... read more


Nike expands US manufacturing footprint

12 July 2019 | Beth Wright

US sporting goods giant Nike is to expand its US manufacturing footprint with a US$184m investment in a new Nike Air Manufacturing Innovation (Air MI) facility in Goodyear, Arizona.... read more


Supply chain innovation sees Nike FY profit soar

28 June 2019 | Beth Wright

Product innovation and increasing digital capabilities are continuing to drive global demand at Nike Inc, helping the US sporting goods giant higher sales and a 108% rise in full-year profit. ... read more


H&M and Gap Inc top Better Cotton sourcing leaderboard

18 June 2019 | Beth Wright

Swedish apparel giant Hennes & Mauritz (H&M), furniture giant Ikea, and US speciality apparel retailer Gap Inc have topped a new ranking by the Better Cotton Initiative (BCI) based on their total Better Cotton sourcing volumes in 2018. ... read more


Nike appoints first digital information chief

10 June 2019 | Beth Wright

US sporting goods giant Nike has named Ratnakar Lavu as the company’s first global chief digital information officer.... read more


Nike's new workbook offers sustainable guidelines for designers

17 May 2019 | Beth Wright

US sporting goods giant Nike has unveiled a new Circular Design Workbook to provide designers and product creators across the apparel industry with a common language for circularity. ... read more


Nike harnesses AI to launch footwear sizing tool

15 May 2019 | Hannah Abdulla

US sports footwear and apparel brand Nike is harnessing the power of artificial intelligence to launch a digital shoe measurement tool.... read more


PVH inks licensing deal for Nike men's underwear

1 May 2019 | Beth Wright

PVH Corp, owner of brands including Calvin Klein and Tommy Hilfiger, has inked a men's underwear licensing agreement with sportswear giant Nike.... read more


Nike to launch 3D sneaker customisation platform

11 April 2019 | Beth Wright

US sporting goods giant Nike is to unveil a new 3D customisation platform for sneakers next month, which will allow shoppers to generate a real-time sharable snapshot of the finished footwear.... read more


Digital focus helps drive Nike's Q3 growth

22 March 2019 | Leonie Barrie

Nike Inc’s focus on driving speed, innovation and digitisation across its business – its so-called Triple Double strategy – has helped the US sporting goods giant to strong growth during the third quarter.... read more


Nike adds to sustainable footwear collection

19 March 2019 | Hannah Abdulla

US sports apparel and footwear giant Nike Inc is launching three new footwear products for summer 2019 as part of its nod to sustainability.... read more


The price of US imports from China continues to fall

19 March 2019 | Leonie Barrie

Despite concerns about sourcing from China amid an intensifying trade war with the US, newly-published figures show China continues to dominate US apparel imports – with import volume rising and prices continuing to fall again last year.... read more


Outlook for UK retailers looks bleak

11 March 2019 | Hannah Abdulla

The outlook for UK retailers continues to look bleak. UK department store John Lewis blamed a "challenging" retail backdrop for a more than 45% drop in full-year profits to GBP160m. It was a similar story for rival Debenhams, which issued a warning on full-year profits based on poor sales performance. In an update, the retailer said for the 18 weeks to 5 January, gross transaction value fell 5.6% and like-for-like sales were down 5.7%. ... read more


How Levi Strauss is driving sustainable change

4 March 2019 | Beth Wright

The denim and jeans sector is having to work tirelessly to change perceptions over its sustainability, or lack of it. But change is nigh, promises Michael Kobori, vice president of social and environmental sustainability at Levi Strauss & Co. The company recently expanded its Partnership for Cleaner Textiles (PaCT) programme to four countries in Asia and is now engaging in one of its most ambitious plans to date, with a target to cut carbon emissions across its supply chain by 40% by 2025. "At this point, that is the most aggressive target in the industry, we believe, in terms of both the magnitude and the timeframe," Kobori tells just-style.... read more


Nike retains position as world’s most valuable apparel brand

28 February 2019 | Beth Wright

US sporting goods giant Nike has once again retained its position as the world's most valuable apparel brand, strengthening its position with a 16% rise in brand value since last year, new figures show.... read more


British MPs call for laws to tackle fast fashion

25 February 2019 | Hannah Abdulla

The UK government is being urged to introduce legislation that requires fashion brands and retailers to perform due diligence checks across their supply chains and take more responsibility for the environmental impact of their businesses. ... read more


Cambodia facing trade benefits suspension

18 February 2019 | Beth Wright

The European Union has officially started the process that could lead to the temporary suspension of Cambodia's preferential access to the EU market under the Everything But Arms (EBA) trade scheme. The move follows a warning toCambodia in Octoberthat without clear and demonstrable improvements to its human rights situation there would be asuspension of trade preferences. Not surprisingly, the news has disappointedthe Garment Manufacturers Association in Cambodia (GMAC), which sayssuch a movewould jeopardise the country's efforts to build a responsible apparel supply chain.... read more


US imports hit by earlier stockpiling efforts

11 February 2019 | Hannah Abdulla

Latest figures have revealed a fall in US apparel import volumes from nine of the top ten supplier countries in November. China, its biggest apparel supplier, booked flat growth. The picture was hugely different from the previous month where all ten showed positive growth for imports into the US, suggesting retailers were stockpiling earlier to get ahead of the holiday period, as well as bringing in spring merchandise, in a bid to beat a potential increase in tariffs on goods from China.... read more


Hemp apparel – hype or opportunity?

4 February 2019 | Leonie Barrie

With products derived from hemp making their presence felt in a range of industries, from food and drinks to medicines, we've looked at potential applications in clothing – and issues for the supply chain.... read more


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