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Bloomberg on Monday reported Lululemon is considering selling Mirror. An analyst said doing so could help the company focus on its core business. → Read More
Nike, which has weathered protests before, encouraged inclusivity on social media after receiving criticism for working with a transgender influence. → Read More
Kara Goucher's tell-all memoir gives the most in-depth look yet at accusations that Nike, its coaches, and its executives mistreated female runners. → Read More
Nike organization changes include Ratnakar Lavu out as tech lead and new roles and responsibilities for Amy Montagne, Deepak Arora, and Ryan Fusselman. → Read More
Two weeks after the resignation of the company's top technology executive, Nike this week internally announced interim co-heads of the division. → Read More
Why is Allbirds stock dropping? Part of the problem is timing. → Read More
James Loduca succeeds Jarvis Sam, who left Nike in November. He is the sportswear company's fourth head of diversity efforts since 2020. → Read More
The sneaker business is highly competitive, but it's possible to get in the door by knowing the industry and your brand, and networking smart. → Read More
In recent months, Nike's dealt with organized theft in stores, warehouses, and rail yards. In Portland, it's working with officials to address crime. → Read More
Lavu joined Nike in June 2019. An internal email announcing his resignation did not give a reason for his departure. → Read More
A buyer purchased the autographed piece of memorabilia from Rally, which sells shares of collectibles ranging from vintage cars to sneakers. → Read More
While there's debate about who should get the most credit for signing the NBA legend, there's no debate about Jordan's importance to Nike. → Read More
At least 10 large retail companies have lost their CEOs in recent months. Experts say its not a coincidence, but a leadership crisis in the industry. → Read More
Nike CEO John Donahoe said the brand is focused on Gen Z in China. It's not the only sneaker brand focused on the generation. → Read More
A Manhattan jury returned a verdict in favor of the fashion company Thom Browne in a lawsuit over the company's use of stripes. → Read More
Mark Parker is credited with overseeing a smooth CEO transition at Nike and engineering the company's successful direct-to-consumer push. → Read More
The offer kickstarts a 48-hour voting period, which could trigger additional bids. Bryant scored 60 points in his legendary last game in April 2016. → Read More
Footwear prices increased more in 2022 than in any of the previous 40 years. But a sneaker economist doesn't expect that to continue. → Read More
The brand's new 23/7 line of slip-on sneakers for kids will release on January 16. Nike's been developing hands-free technology for several years. → Read More
The high-end fitness chain Equinox didn't accept new members on January 1, leading to criticisms of "shaming" and compliments of a "bold strategy." → Read More