Nike

Nike reports $13.3bn Q2 revenues, beats street expectations

SportzPower Team

Dec 21, 2022 20:12

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Nike, Inc. has beat profit expectations, reporting Tuesday that fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17% compared to the prior-year comparable period and up 27% on a currency-neutral basis.

Overall revenues for the Nike brand were $12.7 billion, up 18% on a reported basis and up 28% on a currency-neutral basis, with strong growth across all geographies and channels.

Feb 28, 2019 14:02

Nike retains status as world's most valuable apparel brand

LONDON: Sportswear giant Nike has maintained and strengthened its position as the world’s most valuable apparel brand, according to the latest report by Brand Finance. The annual report, “Brand Finance Apparel 50,” categorizes apparel, watches and jewelry brands.

Feb 27, 2019 15:02

BCCI, Nike to unveil new India jersey on March 1

MUMBAI: The Board of Control for Cricket in India (BCCI) will unveil the new jersey for the national cricket team on March 1 in Hyderabad, a day before India takes on Australia in the first ODI at Hyderabad's Rajiv Gandhi International Stadium.

Dec 18, 2018 12:12

Six5Six replaces Nike as India football team kit partner

MUMBAI: Six5Six, a sports goods company owned Laj Exports, has replaced sportswear behemoth Nike as official kit sponsor of the Indian national football team in a five-year agreement that runs through to 2024.

Nov 13, 2018 12:11

Premier League extends Nike partnership till 2025

LONDON: The Premier League and Nike have announced a six-year extension to their existing partnership through to 2025. The extension of a deal that began back in 2000 cements one of the League's longest partnerships.

Oct 31, 2018 14:10

Spurs extend Nike deal till 2033 for $573m: Report

LONDON: Premier League’s Tottenham Hotspur have announced that it has renewed its ongoing kit sponsorship deal with Nike until 2033, marking it as one of the longest ever deals the global apparel giant will have with a football club. According to UK newspaper The Sun, the mega deal is said to be worth $38.2 million (£30 million) per year, which adds up to $573 million (£450 million) in total.

Sep 26, 2018 13:09

Fiscal 2019 Q1 results: Nike reports growth across all geographies

BEAVERTON, Ore.: Nike, Inc has reported fiscal 2019 financial results for its first quarter ended August 31. For the quarter, double-digit revenue growth was driven by the continued success of the Consumer Direct Offense, which fueled growth across all geographies as well as wholesale and Nike Direct, led by digital.

Sep 05, 2018 17:09

Nike nails it: Kaepernick face of new 'Just Do It' campaign

NEW YORK: A week after quarterback Colin Kaepernick scored a legal victory in his grievance against the NFL and its 32 teams when an arbitrator allowed his case to continue to trial, he scored another one after US sportswear giant Nike announced it was making him one of the key faces for a campaign marking the 30th anniversary of its celebrated "Just Do It" slogan.

Sep 01, 2018 14:09

Chennai’s ICF, Nike to sponsor heptathlete Barman’s customised shoes

CHENNAI: Asian Games 2018 gold medallist heptathlete Swapna Barman is likely to receive customised shoes from global sports brand Nike, Press Trust of India reported on Friday. It was the General Manager of the city-based Integral Coach Factory (ICF), S Mani who instructed the Sports Branch to get in touch with Nike for designing the shoes and sending them to Barman at the earliest in Jakarta according to sources.

Jul 05, 2018 16:07

Nike names new chief sustainability officer

NEW YORK: Nike, the world’s leading sports retailer, on Tuesday named Noel Kinder as the company’s new vice president and chief sustainability officer (CSO) from September 5 this year. Kinder has worked with Nike for nearly two decades, with his previous role being that of vice president in Sustainable Manufacturing and Sourcing.

Jul 02, 2018 19:07

Federer makes the switch to Uniqlo

LONDON: Swiss tennis legend Roger Federer chose the stage of his greatest triumphs to officially end his long-running and high-profile partnership with Nike, taking to Wimbledon Centre Court Monday for his opening round match wearing a Uniqlo shirt, headband and shorts.

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