NKE - NIKE, Inc.

NYSE - NYSE Delayed Price. Currency in USD
86.70
+0.73 (+0.85%)
At close: 4:02PM EDT

86.70 0.00 (0.00%)
After hours: 6:07PM EDT

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Previous Close85.97
Open86.64
Bid86.31 x 800
Ask86.70 x 2200
Day's Range86.23 - 87.10
52 Week Range66.53 - 90.00
Volume4,600,173
Avg. Volume6,692,773
Market Cap136.271B
Beta (3Y Monthly)1.09
PE Ratio (TTM)34.82
EPS (TTM)2.49
Earnings DateSep 23, 2019 - Sep 27, 2019
Forward Dividend & Yield0.88 (1.02%)
Ex-Dividend Date2019-05-31
1y Target Est92.31
Trade prices are not sourced from all markets
  • With $1.9B in Nike stock, Phil Knight's foundation now the largest in Oregon
    American City Business Journals3 hours ago

    With $1.9B in Nike stock, Phil Knight's foundation now the largest in Oregon

    Nike co-founder's private foundation is challenging the Oregon Community Foundation for the largest in Oregon history.

  • Reuters4 hours ago

    UPDATE 1-Nike shoes race to $437,500 world record auction price for sneakers

    The so-called Nike "Moon Shoe," designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby's auction house in New York. Sotheby's said the price was a world auction record for a pair of sneakers.

  • Nike CEO Mark Parker gets 48 percent raise
    American City Business Journals4 hours ago

    Nike CEO Mark Parker gets 48 percent raise

    The company's compensation committee awarded Parker nearly $14 million in fiscal 2019, including $5 million in stock awards and more than $3 million in stock options.

  • Is Under Armour's International Business Headed for a Much-Needed Rebound?
    Motley Fool4 hours ago

    Is Under Armour's International Business Headed for a Much-Needed Rebound?

    Fellow athletic apparel company Skechers had resurgent sales overseas, and the same might be in store for Under Armour's important growth segment.

  • Nike shoes race to $437,500 world record auction price for sneakers
    Reuters5 hours ago

    Nike shoes race to $437,500 world record auction price for sneakers

    The so-called Nike "Moon Shoe," designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby's auction house in New York. Sotheby's said the price was a world auction record for a pair of sneakers.

  • Reuters5 hours ago

    At $437,500, Nike running shoes smash auction record for sneakers

    The so-called Nike "Moon Shoe," designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby's auction house in New York. Sotheby's said the price was a world auction record for a pair of sneakers.

  • Reuters8 hours ago

    UPDATE 3-Nike inks endorsement deal with basketball star Zion Williamson

    Nike Inc has signed Zion Williamson, the No. 1 NBA draft pick and rising 19-year-old basketball star, to its Jordan brand, the world's largest sportswear maker said on Tuesday. The New Orleans Pelicans signed Williamson after picking him first overall in the National Basketball Association draft. Williamson, who has drawn comparisons to former NBA great and Hall of Famer Charles Barkley, is known for his athleticism.

  • Benzinga8 hours ago

    Zion Williamson Signs Shoe Deal With Nike's Jordan Brand

    As soon as Zion Williamson’s Nike Inc (NYSE: NKE) shoe broke in the early seconds of Duke's game against North Carolina last year, it seemed certain the brand wouldn't let that incident define his sneaker deal. The future NBA superstar announced Tuesday he's signing with Nike's Jordan Brand, effectively making him the brand's flagship star. “I feel incredibly blessed to be a part of the Jordan Brand family," Williamson said in a press release.

  • TheStreet.com12 hours ago

    Nike's Jordan Brand Signs NBA Top Draft Pick Zion Williamson to Contract

    Zion Williamson was drafted by the New Orleans Pelicans after being the most highly touted basketball prospect since LeBron James.

  • 7 Stocks to Buy This Summer Earnings Season
    InvestorPlace2 days ago

    7 Stocks to Buy This Summer Earnings Season

    Second-quarter earnings season is upon us. The broad outlook from Wall Street is not a rosy one. For the second quarter in a row, analysts are expecting the S&P 500 to report a year-over-year earnings decline. For comparison purposes, in the year ago quarter, S&P 500 earnings rose 25% year-over-year.Although Q2 earnings are expected to be bad, it is important to note that Wall Street analysts have a history of underestimating EPS. For example, last quarter, analysts thought the S&P 500 EPS was going to drop 4% year-over-year. But Q1 earnings only dropped 0.3% year-over-year. This is nothing new. Over the past five years, reported S&P 500 earnings have exceed estimated S&P 500 earnings by 4.8%, on average, while the projected EPS growth rate heading into a quarter has historically been 3.7 percentage points below the actual EPS growth rate in that quarter.If we extrapolate that trend out, then Q2 earnings will actually rise by about a percent. Importantly, that represents sequential acceleration form last quarter's down 0.3% growth rate. Such sequential acceleration implies that corporate earnings may have bottomed, and that going forward, earnings will start growing at a healthy pace again.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFrom this perspective, Q2 earnings could provide a big catalyst for the market. If earnings do come in ahead of expectations and actually grow year-over-year, then the stock market will rally as investors take that as evidence that the mini-earnings draw-down of early 2019 is over. * 7 Defense Stocks to Buy to Fortify Your Portfolio With this in mind, let's take a look at seven stocks to buy with the potential to lead an earnings rally this summer. Facebook (FB)Source: Shutterstock Reporting Date: July 24The Thesis: One stock that looks due for a blockbuster summer earnings report and big subsequent rally is digital ad giant Facebook (NASDAQ:FB). Facebook has spent most of 2019 putting its 2018 user privacy headaches behind it. The Q2 earnings report should cement that those headwinds are in the rear-view mirror.Global online ad spend trends in 2019 have been favorable. Facebook Stories usage has been on the up and up, while Instagram has seen an influx of new advertising opportunities, as has Messenger. Thus, Facebook's user and revenue numbers should be good this quarter. The margin numbers should be good, too, as the lap gets easier. Further, Facebook management will be able to update investors on its new commerce initiatives, and bullish sentiment there could spark a rally.All in all, it increasingly looks like the big 2019 rally in FB stock is set to take another leg higher this summer, making the social media giant a stock to buy. Crocs (CROX)Source: Shutterstock Reporting Date: August 6 (estimate)The Thesis: Ugly is the new cool, and because of that, "ugly" footwear brand Crocs (NASDAQ:CROX) has staged a huge operational turnaround over the past several years. But that turnaround hit a snag in the first quarter of 2019 as Crox ran into some demand and margin headwinds. Investors implied from this that the best of the CROX turnaround story had already materialized, and CROX stock subsequently dropped off a cliff.But the best of this rebound narrative hasn't materialized. Instead, most data points suggest that the Crocs brand is only gaining momentum. Piper Jaffray's survey of young consumers found that Crocs has one of the fastest growing mind-shares in the entire footwear category, while both domestic and global search interest trends indicate that consumer interest surrounding Crocs is surging higher. Further, the company's recent collaboration with Vera Bradley was a huge hit. * 10 High-Flying, Overvalued Stocks in Danger of Crashing Overall, then, it looks likely that Crocs will report very strong second quarter numbers this summer. Those strong numbers will affirm that the best of this rebound narrative isn't over just yet, and will consequently spark a nice recovery rally in CROX stock. JD.Com (JD)Source: Shutterstock Reporting Date: August 15 (estimate)The Thesis: Calendar 2018 was a really bad year for Chinese e-commerce juggernaut JD.Com (NASDAQ:JD). China's consumer economy cooled off, JD's revenue growth rates dropped, and the company's margins were slashed in half. In response to those adverse trends, JD stock lost more than half of its value in 2018.But all three of those trends have reversed course in 2019. China's consumer economy has picked up steam recently, especially over the past two months, during which retail sales growth has accelerated meaningfully and notched a 12-month-high in June. At the same time, JD's revenue growth rates have stabilized in the ~20% range, while operating margins have expanded by 70 basis points or more in each of the past two quarters.Because all three of these trends have reversed course, it is likely that JD puts up impressive summer 2019 numbers. Those impressive numbers should sustain the big 45% year-to-date rally in JD stock. Foot Locker (FL)Source: Shutterstock Reporting Date: August 24 (estimate)The Thesis: Owing largely to fears regarding trade war escalation and its impact on the company's demand and margins, footwear retailer Foot Locker (NYSE:FL) has dropped over 20% in 2019. But the U.S. and China have declared a trade war truce, meaning conditions on the trade front won't get worse anytime soon.At the same time, Foot Locker reported strong numbers last quarter that comprised positive comparable sales growth and gross margin expansion. Nike (NYSE:NKE), who is Foot Locker's largest brand partner, just reported very strong 10% constant-currency revenue growth in its most recent quarter. Lululemon (NASDAQ:LULU), who doesn't sell through Foot Locker but nonetheless is an important player in the athletic apparel market, also reported strong revenue growth last quarter. * 8 Stocks to Buy That Are Growing Faster Than Amazon Broadly, then, athletic apparel adoption tailwinds remain alive and well, while trade war headwinds have been put on pause for the foreseeable future. That combination means that Foot Locker likely had good a Q2, and that management will issue a favorable guide. In response, beaten up FL stock should rally. Tesla (TSLA)Source: Shutterstock Reporting Date: July 24The Thesis: Shares of electric vehicle maker Tesla (NASDAQ:TSLA) were hammered in early 2019 amid a global auto and EV demand slowdown which negatively impacted Tesla's first quarter delivery numbers. The consensus thesis became that the best of the Tesla growth narrative was over. In response, TSLA stock crashed.But that consensus thesis was disproved by a strong Q2 delivery report, in which Tesla delivered a record number of vehicles. TSLA stock rallied after the Q2 delivery report. But it's still well below where it was following the bad Q1 delivery report, and that's mostly because investors want to see how margins played out in Q2. Given the rampant increase in scale, it's likely that margins similarly moved higher in Q2. Thus, the Q2 earnings report should also reaffirm that Tesla's bad Q1 was an anomaly that won't repeat.If so, TSLA stock has runway to retake the $300 level this summer. It also helps that 30% of the float is short -- a historically large number, even for Tesla -- so in the event that second quarter numbers are good, TSLA stock is positioned for a huge short squeeze rally. AMC Entertainment (AMC)Reporting Date: August 7 (estimate)The Thesis: Following a record year in 2018, box office results have been sluggish through the first half of 2019. Year-to-date through June, box office sales were down over 9% relative to 2018. As the box office has been sluggish, so have shares of America's largest movie theater operator, AMC Entertainment (NYSE:AMC). Year-to-date, AMC stock is down 20%.But not all hope is lost for AMC stock. Thanks to the huge success of the most recent Spider-Man movie, July box office revenues are up slightly year-over-year. This renewed box office growth will likely persist into the end of the year, given the upcoming releases of Lion King, Frozen 2, and a new Star Wars movie. At the same time, AMC's subscription movie-going program, Stubs A-List, is gaining tremendous traction. * 5 Reasons to Buy the Dip In Netflix Stock All in all, I think AMC's next earnings report will be quite good. The trailing three month numbers might not be the best. Bu, the guide will likely be good, and management will likely talk up the success of Stubs A-List on the call. That will be enough good news to get shorts - who represent a whopping 30% of the float - to cover, and spark a big rally in AMC stock. Alibaba (BABA)Source: Shutterstock Reporting Date: August 22 (estimate)The Thesis: The story at Chinese e-commerce juggernaut Alibaba (NYSE:BABA) is similar to the story at peer JD.Com. Calendar 2018 was a rough year, defined by slowing consumer strength, falling revenue growth rates, and compressing margins. But calendar 2019 has been very different. The Chinese consumer is starting to bounce back. Revenue growth rates at Alibaba are stabilizing. Margin expansion is coming back into the picture.As these new and favorable trends persist throughout 2019, Alibaba should report solid numbers. Those solid numbers will converge on a relatively cheap (only 26-times forward earnings, versus a five year average forward multiple of 29) and beaten-up (11% off 2019 highs) BABA stock. This convergence should result a healthy rally in Alibaba stock.As of this writing, Luke Lango was long FB, CROX, JD, FL, NKE, LULU, TSLA, AMC, and BABA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post 7 Stocks to Buy This Summer Earnings Season appeared first on InvestorPlace.

  • Why Skechers Stock’s Big Rally May Be on Its Last Legs
    InvestorPlace2 days ago

    Why Skechers Stock’s Big Rally May Be on Its Last Legs

    Shares of athletic apparel brand Skechers (NYSE:SKX) popped in mid-July after the company reported record second-quarter results which came in well ahead of expectations. Management also delivered an above-consensus third quarter guide, and said all the right things on the conference call. SKX stock jumped 14% in response to a new 52-week high.That post-earnings rally is a continuation of what has been a much bigger and longer rally in Skechers stock throughout 2019. Year-to-date, SKX stock is now up more than 68%.I've been bullish on SKX stock the entire way up, pounding on the table over and over again that this is a really strong company with robust, long-term growth prospects and a persistently undervalued stock. But, on the heels of a 68%-plus year-to-date rally, my bullishness on SKX stock is waning some.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhy? Valuation. At $40, SKX stock is now fully valued considering its realistic long-term growth prospects, according to my numbers. The stock still has some momentum upside left over the next few months as it appears that third quarter back-to-school numbers will be good. But, with the valuation now maxed out, further upside in SKX stock from here seems limited. * 7 Defense Stocks to Buy to Fortify Your Portfolio As such, while I'm still a fan of the Skechers long-term story, I think the best of the 2019 rally in SKX stock has already played out. Skechers Is on FireSecond-quarter numbers affirmed that Skechers is on fire right now.The company reported 13.7% constant currency revenue growth in Q2 -- up from 5.2% in the previous quarter -- including a 25.2% gain in the international business, a 1.5% gain in domestic sales, and a 4.9% rise in comparable sales. Those are some of the best numbers this company has reported in recent memory.Further, things are only getting better. Management said on the conference call that growth trends within the second quarter improved each month, and have continued to tick up in July. That's why they are guiding for another of 10%-plus revenue growth next quarter.Under the hood, Skechers is leveraging product collaborations and a shift to direct-to-consumer sales to be both more interesting and relevant to consumers around the globe. These two initiatives are working. They are also far from over. Skechers plans to launch more collaborations over the next several months, while the company continues to add several new direct-to-consumer stores.As such, Skechers has a ton of momentum heading into the important back-to-school season. That should translate into strong sales for the brand, which means that third quarter numbers could look even better than second quarter numbers. With this big catalyst on the horizon, analysts will likely upgrade SKX stock, and investors will buy in.Thus, it does appear likely that SKX stock has at least some upside firepower left for the foreseeable future. Skechers Stock Reflects This Recent StrengthThe problem with SKX stock is that favorable back-to-school sales trends are already priced into the stock, and the underlying valuation here is starting to look maxed out.I've always seen Skechers as a solid footwear brand in the secular growth athletic apparel market. The secular appeal of Skechers is two-fold. First, the shoes are cheaper than Nike (NYSE:NKE) and Adidas (OTCMKT:ADDYY) shoes, yet are of similar quality and have similar styles. Second, Skechers shoes are all about comfort over style, whereas other brands can often get caught up in the style wars.This low price positioning and comfort-first approach means that Skechers will continue to attract the price-sensitive and comfort-oriented customers around the globe. Second-quarter numbers speak to the magnitude of this trend. As do the numbers over the past several years.From this perspective, I think Skechers should be able to grow revenues at a 6%-plus compounded annual growth rate into 2025, just slightly above the 4% projected growth rate for the global textile market. During that stretch, gross margins should expand gradually as consistent and strong demand allows for product price hikes. At the same time, the opex rate should fall with scale as Skechers pulls back on what was accelerated marketing spend over the past few years.Broadly, I think Skechers can do about $7 billion in sales by 2025 (versus $4.6 billion last year) on operating margins of 12.5% (versus 9.4% last year). That combination ultimately leads me to believe that Skechers will produce roughly $4 in EPS by fiscal 2025. Based on a market average of about 16-times forward multiple and a 10% discount rate, that yields a fundamentally supported 2019 price target for SKX stock of $40. Bottom Line on SKX StockThe reality is that Skechers is a great company, and SKX stock is up more than 68% year-to-date because the market is finally starting to appreciate this reality. But, the valuation is now starting to look maxed out, meaning that the best of the 2019 rally in SKX stock may have already come and gone.That's why I used this post-earnings rally as an opportunity to take profits off the table. I'm fairly certain that given the inherent volatility of SKX stock, I'll be able to buy back into this stock at lower prices in the not-too-distant future.As of this writing, Luke Lango was long NKE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Why Skechers Stock's Big Rally May Be on Its Last Legs appeared first on InvestorPlace.

  • Nike collection celebrates 20 years of SpongeBob
    American City Business Journals2 days ago

    Nike collection celebrates 20 years of SpongeBob

    SpongeBob Squarepants is turning 20, and Nike will help the eternally cheerful, Krabby Patty-flipping undersea pineapple-dweller celebrate with a new line of kicks. Brooklyn Nets star Kyrie Irving will collaborate with Nike (NYSE: NKE) and Viacom (Nasdaq: VIA) subsidiary Nickelodeon on a collection based on the show’s beloved ocean creatures, including Patrick Star, Squidward, Mr. Krabs and everyone’s favorite underwater squirrel, Sandy, Women’s Wear Daily reported. The collection will launch Aug. 10 with five versions of Irving’s Kyrie 5 and Kyrie Low 2 sneakers in sizes ranging from toddler to adult.

  • The NIKE (NYSE:NKE) Share Price Is Up 121% And Shareholders Are Boasting About It
    Simply Wall St.2 days ago

    The NIKE (NYSE:NKE) Share Price Is Up 121% And Shareholders Are Boasting About It

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

  • The sneakers inspired by Apollo 11 and the Moon landing
    Engadget4 days ago

    The sneakers inspired by Apollo 11 and the Moon landing

    NASA's Apollo 11 has had an outsize influence on our culture since July 20th, 1969. It's only fitting, then, that those first steps Armstrong and Aldrin took have also made their mark on sneaker culture. As we celebrate the 50th anniversary of Apollo 11 this week, we're showing you some of the best shoes that have drawn inspiration from the mission and its Moon landing.

  • Nike's Colin Kaepernick ad is nominated for an Emmy
    CBS MoneyWatch5 days ago

    Nike's Colin Kaepernick ad is nominated for an Emmy

    "Believe in something. Even if it means sacrificing everything," Kaepernick says

  • Investing.com5 days ago

    Skechers Runs Full Speed Ahead After Upgrade, Earnings Results

    Investing.com - Shares of shoe company Skechers took off on Friday after the company reported strong second-quarter results and was upgraded by analysts at Wedbush.

  • Can Ford's (F) Q2 Earnings Drive Up Its Stock Price?
    Zacks6 days ago

    Can Ford's (F) Q2 Earnings Drive Up Its Stock Price?

    Ford Motor Company (F) is in the middle of a very strong year, with its stock price up 35.1% YTD. This year has helped Ford recover from a very disappointing 2018, yet it has only regained about half of its losses so far.

  • LULU Stock Stretches to New All-Time Highs
    InvestorPlace7 days ago

    LULU Stock Stretches to New All-Time Highs

    While Wall Street is glued to the headlines about the U.S.-China trade war and the Federal Reserve, there's one stock that's been quietly moving higher to new all-time highs: Lululemon Athletica (NASDAQ:LULU). You might be wondering why a yoga company has been such a strong performer -- up over 50% since the start of 2019, in fact. That's because it's so much more than "just a yoga company."Source: FlickrOver the past two decades, Lululemon has led the athleisure fashion movement. The company was founded in 1998 by Chip Wilson, who spent the prior 20 years working in the surf, ski and skatewear industries. Lululemon started as a design studio by day and yoga studio at night in Vancouver, Canada. And it became the company's first standalone store in 2000.Initially, LULU grew by word of mouth, pop-up shops in yoga studios and brand ambassadors. Now, the company has more than 400 stores across four continents. And for workout buffs who are too busy to drive to their nearest store, there are multiple Lululemon e-commerce sites and mobile apps.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEven as it has grown its global footprint and customer base, Lululemon has kept true to its founding values. It differentiates itself by making some of the highest quality and most comfortable workout clothing that money can buy.Now, I'm not recommending LULU stock because it made yoga pants mainstream. Rather, the company is expanding into mass sports distribution and capturing market share from big-name athletic apparel companies like Nike (NYSE:NKE) and Under Armour (NYSE:UA).Strong Earnings Growth AheadAnd it's been paying off big time.For its latest quarter, the company posted double-digit earnings and sales growth, as well as topped analysts' earnings and sales estimates. The company reported 20.4% annual revenue growth and 34.5% annual earnings growth.Looking forward to the second quarter, company management is forecasting earnings per share of $0.88, a 24.9% year-over-year increase from $0.71, on $843.3 million in sales. This represents a 16.6% rise from the $723.5 million in sales last year. So, clearly, LULU stock is doing well.In fact, just Monday, the company announced that on Thursday it will be opening its biggest store ever -- a whopping 24,000 square foot space. For some perspective, this is about four NBA basketball courts put together. And not only will customers will be able to buy clothes, but they'll be able to take a break and grab a meal at "Fuel," a restaurant on the store's second level.In the new e-commerce world where Amazon (NASDAQ:AMZN) reigns supreme, it's important the companies with brick-and-mortar stores provide something a little "extra," in order to keep customers coming back. This restaurant is a good way for LULU to stand out and keep that traffic coming in.In the meantime, LULU stock hit a new all-time high of $191.44 on Monday. However, I don't see it slowing down anytime soon. So, I don't recommend selling it at new highs. In fact, it still sits below my buy limit on my Growth Investor Buy List.The truth of the matter is that the company continues to see good sales and earnings growth, as well as strong institutional buying pressure, so we know that the "smart money" is still interested, too.Now, I'm such a fan of LULU stock that it's my pick for InvestorPlace's 10 Best Stocks for 2019 contest. (You can read all the details here.) I also recommended it in my Growth Investor service just last year, and it's sitting on over a 50% return. But that's just the beginning. To get my latest thoughts on the company, as well as my other latest recommendations, you can sign up here.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post LULU Stock Stretches to New All-Time Highs appeared first on InvestorPlace.

  • Investing.com7 days ago

    StockBeat - Levis Slides as Goldman Warns of Unfashionable Performance Ahead

    Investing.com – Levi Strauss led the slump in apparel stocks Tuesday after Goldman Sachs (NYSE:GS) signaled it was time to move out of apparel brands who rely on department stores to flog their branded merchandise amid fears that increasingly unfashionable performances await in the second half of the year.

  • From Viet Cong to Team USA: Hanoi garment factory's Olympic transformation
    Reuters7 days ago

    From Viet Cong to Team USA: Hanoi garment factory's Olympic transformation

    When Nguyen Thi Thu Huyen started work at the No. 40 Garment Factory, it was still producing boots and uniforms for the Vietnamese army, just as it had done during the Southeast Asian country's long war with the United States. Now the sprawling, Soviet-built complex on the outskirts of Hanoi has a different mission: churning out millions of units a year for global sportswear brands like Nike and the U.S. Olympic team, Team USA. It might not be the exact one I made, but one of them must be," said Huyen, who began working at the factory in the early 1990s.

  • On eve of jury trial, Nike settles racial discrimination lawsuit
    American City Business Journals8 days ago

    On eve of jury trial, Nike settles racial discrimination lawsuit

    Employee Terry Hill alleged he had been repeatedly passed over for promotions because of his race. He also claimed Nike failed to properly investigate a toy monkey left on his desk. Nike broadly denied Hill's claims and said the lawsuit was resolved to "both parties' satisfaction."

  • Nike, K-Swiss jump on the growing popularity of esports
    Yahoo Finance Video5 days ago

    Nike, K-Swiss jump on the growing popularity of esports

    Nike announced a partnership with esports organization Furia earlier this month as more and more companies capitalize on the growing industry. Yahoo Finance's Zack Guzman & Emily McCormick, along with Wall Street Journal Wealth Reporter Veronica Dagher discuss.