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Moral Money
Investors pressure Nike on wages allegedly owed to factory workers Premium content
...WRC also said it was told by Nike that internal and third-party investigations found no evidence that Hong Seng Knitting forced employees to take unpaid leave....
September 11, 2023
Robert Armstrong
Luxury fashion prices have gone too far
...Increasingly, luxury clothes are all but indistinguishable from the casual clothes they imitate — sportswear and workwear, mostly....
November 22, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Investing in funds
Dan Och is not done with Jimmy Levin yet
...involving the proposed acquisition of Sculptor Capital Management, Inc....
August 17, 2023
HTSIThe autumn men’s style special 2022
Saul Nash is making all the right moves
...in movement”, says Sheep Inc co-founder Edzard van der Wyck....
September 14, 2022
LexNike Inc
Nike: direct sales keep this long-distance runner in the lead Premium content
...A decade ago, about 72 per cent of the sportswear giant’s sales came from third-party distributors....
March 22, 2022
News in-depthNikkei Asia
China’s Didi cancels exit from Russia under public pressure
.... ©2022 Nikkei Inc....
March 7, 2022
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Retail & Consumer industry
FC Barcelona to pursue Nike for compensation over defective shirts
...Most other football clubs rely on outside parties to handle retail operations....
July 8, 2020
Telecoms
How Huawei tried to sell itself to Motorola for $7.5bn
...On a December morning in 2003, two Chinese men in bright tropical shirts and trunks, a westerner in sportswear and an interpreter looked deep in conversation as they strolled on a beach in the Chinese resort...
February 27, 2019
Nike Inc
Nike to lose Arizona plant incentives after it pulls US flag shoes
...Nike gladly allows Chinese Communist party to tell it what products to sell while building its business around sweatshop labour. Nike is anti-American, pure & simple.”...
July 2, 2019
Nike Inc
Michael Avenatti charged with attempt to extort $20m from Nike
...The parties agreed to another meeting on Monday, March 25, and Mr Avenatti warned against further delays, telling the other attorneys: “If this is not papered on Monday, we are done....
March 25, 2019
News in-depthUS & Canadian companies
Nike rolls the dice on polarising NFL figure and social activist
...Nike was confronted with a consumer backlash, a sell-off in its shares and an attack from Donald Trump after the sportswear maker launched an ad campaign featuring an American footballer who refused to stand...
September 4, 2018
Special ReportDoing Business in China
Increasingly wealthy Chinese go upmarket in consumer spending
...Beyond luxury, China is now the world’s leading consumer of smartphones, while its movie and sportswear markets are second only to the US....
May 29, 2018
US & Canadian companies
New Fitbit smartwatch and headphones take aim at Apple
...Thanks to the acquisitions of Coin and Pebble last year, Fitbit’s watch will also support third-party apps, such as Starbucks and Strava, as well as contactless payments with Visa, MasterCard and American...
August 28, 2017
FTfmImpact investing
Where is the S in ESG investing?
...Two important indicators of effective employee engagement are mutuality — the idea that employers and staff can negotiate terms and conditions of work that meet the needs of both parties — and evidence of...
November 22, 2017
US & Canadian companies
Nike cuts jobs as sales growth slows
...The Oregon-based sportswear maker, which has been facing increasing pressure from rivals Under Armour and Adidas, wants to rely less on third-party brick-and-mortar retailers — which have been battling dwindling...
June 15, 2017
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Personal & Household Goods
Foot Locker plumbs 5-year low as Amazon pain looms
...UBS’s Michael Binetti said in a note on Monday that as brands such as Nike and Adidas ramp up their push to sell more of their products directly to consumers, third-party retailers like Foot Locker stand...
August 21, 2017
fastFTMatthew Vincent
Opening Quote: Ashtead’s boost from ill wind; JD enjoys resilience of athleisure
...Back in the UK, sportswear retailer JD Sports has an eye on thankfully less troubling external conditions: those on Britain’s provincial high streets....
September 12, 2017
Authers' Note
Authers Note: Dow that’s what I call a useless index! Premium content
...The Dow is in fact no longer owned by Dow Jones, as it was sold to a joint venture of S&P Global and CME Group Inc. in 2012. But it is too good a brand to kill off....
January 5, 2018
US & Canadian companies
Donald Trump attacks CEO ‘grandstanders’ as more quit panel
...The chief executives of chipmaker Intel and sportswear company Under Armour followed later in the day Monday....
August 16, 2017
News in-depthUS & Canadian companies
China’s fitness boom energises sportswear brands
...The ruling Communist party has also boosted the uptake of sports....
March 20, 2017
FT AlphavilleSiona Jenkins
Opening Quote: Ill wind blows some good for Ashtead
...Back in the UK, sportswear retailer JD Sports has an eye on thankfully less troubling external conditions: those on Britain’s provincial high streets....
September 12, 2017
US & Canadian companies
Nordstrom drops Ivanka Trump brand
...Nordstrom’s decision to stop stocking the Ivanka Trump brand underscores the increasing complicated pressures placed on US companies, especially those looking to stay out of party politics....
February 3, 2017
Retail & Consumer industry
Sports Direct sells Dunlop brand to Japan’s Sumitomo
...In a statement, Sports Direct said its UK management did not have “the bandwidth” to develop and manage international brands while it prioritises its relationship with third-party labels such as Nike and...
December 27, 2016
Retail sector
Sports Direct fails to appoint outsider for governance review
...The sportswear chain sought to blame shareholder representatives for the reversal, saying it had “twice accepted candidates who were put forward to chair the review by the Investor Forum”, a group that speaks...
January 13, 2017
European companies
Adidas makes up ground on rivals
...Mr Hainer said in a call with journalists that there were “several interested parties” in the sale and that discussions were continuing....
August 4, 2016

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