Nike Is Latest To Join Layoffs Spree, To Slash Over 1,600 Jobs
As of May 31, 2023, Nike employed approximately 83,700 workers globally.
Feb 16, 2024, 15:48 PM IST
Nike To Layoff Employees, Amidst Tepid Sales
In the midst of the Covid-19 pandemic in 2020, Nike had fired 700 employees in an effort to cut costs during the global lockdown.
Dec 26, 2023, 11:49 AM IST
Layoffs 2023: Nike To Sack Hundreds Of Employees
Facing a downturn in sales over the past year, Nike disclosed that the layoffs are a response to the need for organizational streamlining.
Dec 25, 2023, 16:57 PM IST
Phil Knight's Photo of Enjoying LeBron James' Record-Breaking Moment at Stadium Sans Camera Goes Viral, Who is he?
Phil Knight is the man behind the global sporting wear brand 'Nike'. He wrote his memoir 'The Shoe Dog' describing how he created one of the world's popular shoe brands.
Feb 12, 2023, 14:43 PM IST
Dan Wieden, advertisement legend who coined Nike's 'Just Do It' tagline, dies at 77
Dan Wieden is often called an advertisement legend and is credited for Nike's famous tagline 'Just Do It'.
Oct 03, 2022, 11:50 AM IST
OMG! Toilet paper, soap, pens, tractors are the early products of Toyota, Samsung, Nokia, LG and several other BIG brands
Continue reading to know more about what Toyota, Samsung, Nokia, LG, Lamborghini & many more well-known brands used to sell in their early phase.
Aug 29, 2022, 14:38 PM IST
Nike to make full exit from Russia in response to Moscow's actions in Ukraine
Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated stores in Russia in response to Moscow's actions in Ukraine, adding that those still open were operated by independent partners.
Jun 24, 2022, 09:17 AM IST
Microsoft cuts operations in Russia due to Ukraine invasion, 400 employees to be affected: Report
Microsoft is substantially cutting its business in Russia in response to Moscow`s invasion of Ukraine.
Jun 08, 2022, 18:13 PM IST
Former Olympic coach Alberto Salazar banned for life due to sexual misconduct
Running coach Alberto Salazar got his appeal for a lifetime ban due to sexual misconduct rejected by the US center for SafeSport.
Dec 23, 2021, 12:37 PM IST
Big decision for employees! Nike closes corporate offices for week-long mental health break
Besides Nike, other companies in India have announced that they will give a much needed break to their employees. The names include Meesho, Verve Logic and more.
Aug 31, 2021, 20:18 PM IST
After demon blood shoes, rapper Lil Nas X stirs controversy with Montero video
On March 26, American rapper Lil Nas X released his new music video 'Montero (Call Me by Your Name)' which has stirred controversy among audiences. Earlier, Lil Nas X made headlines when he launched a customized version of the Nike Air Max 97s with human blood its sole.
Apr 11, 2021, 15:44 PM IST
Nike wins lawsuit against Lil Nas X's 'Satan Shoes’ with human blood
After three days of filing the lawsuit, which was regarding Nike trainers featuring a drop of human blood on the soles, an inverted cross, a pentagram, and the words “Luke 10:18,” the federal judge granted a temporary restraining order banning the further sale of the limited run of 666 pairs which were produced by MSCHF in partnership with rapper Lil Nas X.
Apr 02, 2021, 21:31 PM IST
Human-blood infused in these shoes, American company stirs controversy
American rapper Lil Nas X has stirred controversy after he launched controversial 'Satan Shoes', which has a drop of real human blood on 666 pairs of limited-edition kicks.
Mar 31, 2021, 11:01 AM IST
Neymar signs deal with PUMA, keen to create history after ending 15-year association with Nike
The Brazilian, considered among football's most lucrative and best players at the moment, will now be seen sporting the legendary PUMA KING football boot.
Sep 12, 2020, 17:42 PM IST
Nike says bye to selling on Amazon
Big brands have quit Amazon's platform due to sales of counterfeit products and unauthorised sellers which undermines the value of the original brands.
Nov 13, 2019, 23:29 PM IST
World number one Naomi Osaka signs with Nike
The Japanese, who had previously been tied to rival Adidas, will first wear Nike gear at the Stuttgart Grand Prix later this month, the U.S. sportswear maker said on its website.
Apr 05, 2019, 16:31 PM IST
Sponsors Electronic Arts and Nike concerned over Cristiano Ronaldo rape allegation
Sportswear maker Nike Inc and video game maker Electronic Arts Inc and said on Thursday they were concerned about rape allegations against Cristiano Ronaldo, one of the world`s best football players.
Oct 05, 2018, 17:35 PM IST
