Page 5 - Nike

With LeBron 14 release, Nike is bypassing the shoe store

Air Jordans still dominate resale market and account for about half of such transactions

Nike's revenue, profit beat estimates

Profit fuelled by higher demand across markets such as Western Europe and Greater China and lower costs

Nike launches e-commerce portal

Consumers will now have access to a full assortment of products across categories including running, football

Nike's stock falls behind rivals amid Rio Olympics

Nike, feeling the heat from Adidas, Under Armour and rivals in China, disappointed Wall Street with its most recent quarterly scorecard in June

Nike off the starting block

In 1962, college freshman Phil Knight went to Japan to explore the crazy idea of selling Japanese sports shoes in the American market. That was the start of the company that revolutionised the global sports shoe market. In this excerpt from his memoir, Shoe Dog, Knight recounts the deal that started it all

Nike disrupts the shoelace like it's 1989, unveils self-lacing sneakers

The shoe cinches up when the heel is weighted, and it can be tightened or loosened at the push of a button

Nike terminates deal with boxer Manny Pacquiao over homophopic slurs

Nike: We find Manny Pacquiao's comments abhorrent, therefore we no longer have a relationship with him