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June 22, 2009
Nike sprints ahead of suffering rival
Nike, the world's largest athletic shoe and...performance at its troubled Reebok brand, Nike's cost cuts have been accompanied by plans...scored again against Adidas in May, as two Nike soccer teams, Manchester United and Barcelona... By Jonathan Birchall
January 31, 2008
Nike supplier kicks off float
...Industrial, a leading maker of sports shoes for brands such as Nike and Adidas, is expected to raise about $750m through...business later this year. The listing of its Pou Sheng International subsidiary, which operates in mainland China, Taiwan...amid the turbulent equity markets. Among them were Maoye International, a mainland department store chain, which pulled its... By Sundeep Tucker in Hong Kong
January 23, 2006
Shares fall after Nike chief quits, citing split
...s founder and chairman. Mark Parker, Nike brand co-president, was appointed...following a board meeting on Friday. Nike’s shares fell 0.9 per cent to close...a challenging time for the company. Nike faces increased competition from the pending merger of Adidas-Salomon and Reebok International and sluggish retail sales in Europe... By Lauren Foster in New York
February 17, 2006
Nike and Adidas intensify war of words
The bad blood between Nike and Adidas, the world?s top sporting...allegations of patent infringements and lying. Nike filed a lawsuit in Texas against Adidas...trainers copied technology developed by Nike. Adidas, which declined to comment other... By Richard Milne in Frankfurt
January 30, 2008
Nike supplier kicks off HK issue
...Holdings, a leading maker of sports shoes for brands such as Nike, is expected to raise about $750m through a Hong Kong...retail business this year. The listing of its Pou Sheng International subsidiary, which operates in mainland China, Taiwan and...amid the turbulent equity markets. Among them were Maoye International, a mainland department store chain, which pulled its... By Sundeep Tucker in Hong Kong
January 31, 2008
Nike supplier kicks off HK issue
Yue Yuen Industrial Holdings, a leading maker of sports shoes for brands such as Nike, is expected to raise about $750m through a Hong Kong listing of its retail business later this year. The listing of its Pou Sheng International subsidiary, which operates in mainland China, Taiwan and Hong Kong under its own YY Sports brand and in licensed outlets... By Sundeep Tucker in Hong Kong
October 19, 2007
Nike tipped as suitor for Umbro
Nike is understood to be behind a takeover approach for Umbro yesterday that...Two people familiar with the situation said the potential bidder was Nike. However, Nike and Umbro declined to comment. Speculation swirled around the London... By Tom Braithwaite and Elizabeth Rigby in London and,Jonathan Birchall and James Politi in New York
September 21, 2009
Crocs chief snaps back at critics
...have been hard on the group, whose brightly coloured clogs lost popularity just as quickly as they became an overnight international hit. And Mr Duerden told the FT that the company, which has slashed 32 per cent of its workforce since the end of 2007...group, which aimed at turning round struggling brands. He previously led efforts to turn Reebok into a competitor to Nike, but said Crocs represented “one of the toughest turnrounds” of his career. The company has sold roughly 20m pairs... By Kiran Stacey and Esther Bintliff
August 2, 2005
Adidas to buy Reebok for $3.8bn
...struggled to make inroads in the pursuit of Nike. A combined group would have had sales...6bn last year compared with ?10bn for Nike. It will be a victory for Herbert Hainer...company?s presence does not reflect its international position as the second largest sportswear...worldwide compared with 33 per cent for Nike. In the US, Adidas-Reebok would have... By James Politi in New York, Richard Milne in Frankfurt, Peter Thal Larsen and Lina Saigol in London
January 15, 2008
Europe battles South Korean shipbuilders
...triumph of sports marketing that rival Nike must also take credit for. But not all...are down nearly 15 per cent this year. Nike has threatened Adidas where it hurts...Adidas has done little to even scores with Nike in its main market, the US, in spite... By Paul Betts