One of the largest sports and athletic-wear companies of the modern day may be disappointing its namesake. Nike, the sportswear company named after the Greek goddess of victory, is losing its spot in the top 100 U.S. companies for the first time in nearly two decades. The athletic apparel giant lost over $200 billion in
The news traveled quickly across Nike’s sprawling headquarters in Beaverton, Ore. Elliott Hill was coming back. Employees high-fived. An audible cheer could be heard in parts of Nike’s 400-acre campus. Current and former employees lit up group chats and social media. On Wall Street, investors joined the celebration, sending Nike shares up roughly 8% in
It might be possible to outrun your next rent payment — if you live with roommates. Nike is offering a unique — and highly relevant — prize to two winners of a street race in New York City on August 29: “1 month of free rent.” “Step to the starting line on Orchard Street for
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. The World Cup may be over but the merch and apparel rollout continues this month with the launch of a limited-edition pair of soccer cleats from French star and 2026 Golden Boot Award winner, Kylian
NEW YORK — A federal civil rights agency is dropping a subpoena enforcement action against Nike, saying the company has complied with requests for information as part of an investigation into the sportswear giant’s diversity and inclusion policies. The Equal Employment Opportunity Commission filed the motion to dismiss in Missouri federal court Wednesday, seven months
