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NIKE


The best early Amazon Prime Day 2022 deals on summer shoes: Crocs, Teva and more

Find deals on Amazon on men's and women's running shoes and slippers ahead of Amazon Prime Day.

cbsnews.com

The top-rated shoes and sneakers for the gym in 2022

From Converse Chuck Taylor to the Nike Air Zoom Pegasus, shop the best sneakers for weightlifting and running.

cbsnews.com

Nike’s new Peg 39, legendary shoe goes hi-tech

Nike introduces the new Pegasus 39 running shoe. Nike’s Peg 39 is available in men’s, women’s and children’s sizes, and comes in a variety of colors. The new Pegasus 39 running shoes are more lightweight than the Pegasus 38, can be worn in any season and has an advanced supportive design which includes more underfoot cushion and double Zoom air units. Whether you enjoy running, jogging, or walking, you’ll get total comfort with extra padding, and engineered mesh for lightweight breathability. Find a selection of the new Peg 39 running shoes below:Nike Air Zoom Pegasus 39 Men’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Men’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Men’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Men’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Men’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Women’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Women’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Women’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Women’s Road Running Shoes $130Nike Air Zoom Pegasus 39 Little/Big Kids’ Road Running Shoes $100Nike Air Zoom Pegasus 39 Little/Big Kids’ Road Running Shoes $100

mlive.com

Stocks making the biggest moves midday: Nike, Las Vegas Sands, Boston Beer and more

These are the stocks posting the largest moves in midday trading Tuesday.

cnbc.com

What Cramer is watching Tuesday — Nike drops, Morgan Stanley pops, Goldman likes beer stocks

The broader stock market rose Tuesday after Monday's attempt at a rally fizzled.

cnbc.com

Stocks making the biggest moves in the premarket: Nike, Spirit Airlines, Occidental Petroleum and more

The stocks making the biggest moves in premarket trading include Nike, Spirit Airlines, Occidental Petroleum, and more.

cnbc.com

Nike earnings top Wall Street's expectations, despite inflation in the U.S. and Covid lockdowns in China

Nike posted better-than-expected sales and profit for its fiscal fourth quarter.

cnbc.com

Get pumped with Jaden Ivey and Jalen Duren Detroit Pistons jerseys

The Pistons made a big splash in the 2022 NBA and two top picks are now headed to Detroit. Here’s your chance to get in early and get your replica jerseys before the season begins.

Dramatic photos show U.S. coach diving in to save swimmer Anita Alvarez at world championships

As U.S. artistic swimmer Anita Alvarez performed at the world championships, her coach noticed something was wrong: Alvarez was at the bottom of the pool.

latimes.com
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Nike to fully exit Russia over its war in Ukraine

Sportswear maker adds its brand to the list of U.S. companies pulling out of the Russian market.

cbsnews.com

Nike to make full exit from Russia

Russia's economic isolation deepens as more Western brands leave the country.

bbc.co.uk

The Best Swimsuits and Boardshorts of 2022

All-star garb for aquatic adventure

outsideonline.com

The world's most valuable sneakers originally retailed for $60—now they're selling for $90,000 online

A limited-edition run of Nike Dunks featuring the work of a French artist and some original black-and-red Air Jordans top a ranking of the sneakers that can offer the biggest return on investment on the resale market.

cnbc.com

Have you seen this person? Southfield man missing after walking away from group home

Police are seeking information about a Southfield man last seen on June 3.

Online marketplace StockX hits back at Nike over claims of counterfeit shoe sales

StockX, in a response to Nike's allegations, defended its anti-counterfeiting measures and said Nike itself had previously praised them.

cnbc.com

Fake sneakers and NFTs: Nike alleges Michigan marketplace sold counterfeit shoes

Nike intensified its legal battle with StockX earlier this month when it alleged the Michigan-based online marketplace sold counterfeit sneakers. Related: Nike sues Michigan-based marketplace over virtual sneakers sold as NFTsDespite StockX boasting a 99.96% accuracy rate on its website, Nike claims counterfeit sneakers are going out the reseller’s doors. Related: A Michigan-based online marketplace is selling NFTs of sneakers. “Nike’s challenge has no merit and clearly demonstrates their lack of understanding of the modern marketplace,” StockX said. Nike asked the court to “swiftly and permanently” stop StockX from selling NFTs with its trademarks, counterfeit Nike products and from making “false and/or misleading claims” about the authenticity of its goods.

mlive.com

SPOTLIGHT: Riverview Community High School junior wins three 4Frenzy awards

Favorite place in Metro Detroit: Southgate Nature Center

Nike is suing Detroit’s StockX, says it purchased counterfeit shoes on the platform

The sneaker giant is also alleging that StockX is infringing on its trademarks by selling NFTs of Nike shoes

metrotimes.com
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Peter Moore, designer of first Air Jordan sneaker, dies at 78

As creative director of Nike and Adidas, he was influential in shoe design and the athletic wear business.

washingtonpost.com

Get your Aidan Hutchinson Detroit Lions jersey!

The the No. 2 pick of gear for the 2022 NFL Draft, the Detroit Lions selected U of M’s Aidan Hutchinson! And now you can be the first on your block to own his jersey!

How to get a free pair of Nike sneakers and other life hacks

Understanding all the details before you buy something can lead to surprising upsides — like a new pair of Nike sneakers or getting $400 off an Apple computer.

cnbc.com

How Super Shoes are Upending Running’s Sponsorship Model

For some pro runners, having the freedom to choose their footwear is worth more than a contract

outsideonline.com

Nike honors Serena Williams with building named after the tennis star

Serena Williams now has a building named after her on Nike's campus.

cbsnews.com

Nike honors Serena Williams with building named after the tennis star

Serena Williams now has a building named after her on Nike's campus.

cbsnews.com

Sunday Read: When Metro Detroit has Cold War nuclear missile defense system

Nestled into what are now parks, picnic spots and soccer fields are the scattered remnants of an era gone by. The left behind ruins of when Detroit was on the literal front lines of the Cold War.

Patagonia, Nike now on sale at Backcountry, 25% to 45% off

Backcountry is having a sale on best selling outdoor Patagonia and Nike gear and clothing. Save up to 45% off on gear for your next ski, snowboard or camping adventure. Unplug from social media, get ready for the outdoors, and save up to 45% off on perennial favorites and name-brand bestsellers. Whether you hike or rock climb, or live in snowy regions, Backcountry has the gear you need for your nature-filled adventures. Hit the trails in your new Nike Wildhorse 7 trail running shoes, experience extra cushion to protect your ankles and feel light with lightweight materials that keep you cool while running trails.

mlive.com

The story of Metro Detroit’s Cold War nuclear missile defense system: ‘The original homeland security’

Nestled into what are now parks, picnic spots and soccer fields are the scattered remnants of an era gone by. The left behind ruins of when Detroit was on the literal front lines of the Cold War.

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The Best Track Spikes of 2022, Reviewed

We put this spring’s super spikes to the test on the oval and sorted the top models for each distance, plus the best-value options on the market

outsideonline.com

Meet the richest person in Taiwan, who built an $11.7 billion fortune by making shoes for brands like Nike and Vans — and started it all on a pig farm

Zhang started his first shoe business on a pig farm next to paddy fields in Taiwan. Today, the founder of Huali makes shoes for Nike and Vans.

news.yahoo.com

Tiger Baseball is back! Get your hat and jersey here

Baseball is back! And your best deals on Detroit Tigers hats, shirts, jerseys and gear is right here.

Tiger Baseball is back! Get your hat and jersey here

Baseball is back! And your best deals on Detroit Tigers hats, shirts, jerseys and gear is right here.

Tiger Woods turns up at Augusta National in FootJoy golf shoes, not Nike

Speculation is swirling as to why Tiger Woods wasn't wearing the iconic Nike swoosh on his feet when he stepped onto the green this weekend.

cnbc.com

Top Wall Street analysts see long-term upside in these stocks even amid investor uncertainty

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Nike & Nvidia

cnbc.com

Vanessa Bryant reaches new deal with Nike on Kobe Bryant shoes

The wife of the late sports legend says the proceeds from Gigi's shoes will be donated to the Mamba and Mambacita Sports Foundation, the nonprofit charitable organization.

npr.org

Stocks making the biggest moves midday: Nike, Pfizer, Alibaba, Carnival and more

These are the stocks posting the largest moves in midday trading.

cnbc.com

Nike sees signs of recovery in China, which could be a good omen for other retailers

Glimmers of hope for Nike in China could be good news for other retailers with big business in the region.

cnbc.com
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Stocks making the biggest moves in the premarket: Nike, Okta, Alibaba and more

The stocks making the biggest moves in premarket trading include Nike, Okta, Alibaba and more.

cnbc.com

Nike shares rise as earnings top estimates on strong North America demand

Nike reported earnings and sales that topped analysts' estimates, thanks to robust demand in North America as consumers headed back to stores.

cnbc.com

Wall Street is on watch for Nike comments on China, Russia and supply chain woes

Nike is set to report its results for the fiscal third quarter after the market closes Monday, amid global unrest and clogged supply chains.

cnbc.com

Stocks making the biggest moves midday: Alibaba, AeroVironment, Boeing and more

These are the stocks posting the largest moves in midday trading.

cnbc.com

The precipitous rise and fall of ‘Pushin P’

Gunna, Future and Young Thug made the first great song of 2022. Then it went bad.

washingtonpost.com

As U.S. and European businesses cut ties with Russia, Chinese tech firms remain silent

Companies including Huawei, Xiaomi and Alibaba declined to comment when contacted by CNBC about whether they would cut their business in Russia.

cnbc.com

How everyday Russians are feeling the impact from sanctions

Rising prices, stranded tourists and lines at ATMs are just some of the ways ordinary Russians are seeing repercussions from sanctions and restrictions imposed on their country for invading Ukraine.

npr.org

Foot Locker to pull Nike products off shelves

Now Foot Locker, another popular footwear retailer, is readying itself to pull Nike products from its shelves. Foot Locker announced last week no single vendor is expected to represent more than 60% of its business in 2022. “This change reflects Nike’s accelerated strategic shift to direct-to-consumer and Foot Locker’s ongoing brand and category diversification efforts,” Foot Locker CFO Andrew Page said in an earnings call. Foot Locker will lean into existing relationships with brands such as New Balance, Puma and Crocs to fill the void. There are currently 34 Foot Locker stores throughout New Jersey and over 2,900 nationwide.

mlive.com

Nike Should Be the Next Luxury Fashion House

By turning away from mainstream retailers and selling more exclusively, the company can elevate its image and its prices.

washingtonpost.com
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Nordstrom Winter Sale, save up to 60% with these great deals

Nordstrom’ huge Winter Sale is still going strong, offering big savings on best-selling brands, including BP., Nike, Free People, Vince and more. Nordstrom’s Winter Sale is offering up to 60% off clothing, shoes, accessories and more for women, men and kids through Feb 27. Check out some of our favorite deals below and see how much you can save:Nordstrom Winter Sale 2022. (Nordstrom)Want to see more Nordstrom Winter Sale deals? Check out these categories for more savings:KIDS’ SALE AND CLEARANCEMEN’S SALE AND CLEARANCE

mlive.com

Nike sues Michigan-based marketplace over virtual sneakers sold as NFTs

Related: A Michigan-based online marketplace is selling NFTs of sneakers. StockX, a marketplace where users can buy and sell products, started selling NFTs tied to real-life sneakers in mid-January. Nike also claims the “inflated prices” of NFTs could tarnish its brand and presented criticism from social media users who said Vault NFTs are a “scam” for Nike to make more money. “Our Vault NFTs depict and represent proof of ownership of physical goods stored in our vault that customers can trade on our platform. Nike is asking the court “swiftly and permanently” stops StockX from selling NFTs with its trademark.

mlive.com

Shares of metaverse company Roblox plummet after missing fourth quarter expectations

Roblox missed Wall Street expectations on both the top and bottom lines in the fourth quarter.

cnbc.com

NFL sponsors Nike, Pepsi dominate 2022 Super Bowl exposure

Companies who had their logo appear during the 2022 Super Bowl generated $170 million of media value, software company Hive told CNBC.

cnbc.com

Rams, Matthew Stafford Super Bowl Champion hats, T-shirts, hoodies and more

Fronted by former Detroit Lion Matthew Stafford, the Los Angeles Rams beat the Cincinnati Bengals 23-20 to win the Super Bowl. Here are some of the bestsellers:MATTHEW STAFFORD ITEMSMatthew Stafford Los Angeles Rams Nike Super Bowl LVI Bound Game Fashion Jersey - Black. $139.99Matthew Stafford Los Angeles Rams Nike Super Bowl LVI Bound Game Patch Jersey - Royal. $99.99os Angeles Rams New Era Super Bowl LVI Champions Locker Room Trophy Collection 9FORTY Snapback Adjustable Hat - Black at FanaticsHATSLos Angeles Rams New Era Super Bowl LVI Champions Locker Room Trophy Collection 9FORTY Snapback Adjustable Hat - Black. HOODIES AND SWEATSHIRTSLos Angeles Rams Nike Super Bowl LVI Champions Locker Room Trophy Collection Pullover Hoodie - Heathered Charcoal.

mlive.com

Detroit business owner featured on TV with chance to win $200K

One local Detroit business owner now has the chance to win hundreds of thousands of dollars.

Peloton stock spikes on reports Amazon, Apple and Nike may be kicking tires

Embattled fitness equipment maker could be buyout target as tech giants and consumer powerhouses reportedly circle it.

cbsnews.com

Peloton, Just Do It. Nike Would Be a Better Parent than Amazon

Potential suitors are circling the home-fitness company, but its best bet would be on Nike.

washingtonpost.com

Peloton, Just Do It. Nike Would Be a Better Parent than Amazon

Potential suitors are circling the home-fitness company, but its best bet would be on Nike.

washingtonpost.com
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WNBA completes its first-ever investment round with backers including Nike and Condoleezza Rice

The WNBA did not disclose how much money it raised from investors. However, the league called it "the largest-ever capital raise for a women's sports property."

cnbc.com

Los Angeles Rams win NFC championship, where to get new T-shirts, hats, hoodies

Here are some of the early bestsellers:Los Angeles Rams New Era 2021 NFC Champions Locker Room 9FORTY Snapback Adjustable Hat at FanaticsChampionship HatsLos Angeles Rams New Era 2021 NFC Champions Locker Room 9FORTY Snapback Adjustable Hat - White/Heathered Gray. $31.99Matthew Stafford Los Angeles Rams Nike Super Bowl LVI Bound Game Patch Jersey - Royal at FanaticsChampionship T-shirts and Branded JerseysLos Angeles Rams Nike 2021 NFC Champions Locker Room Trophy Collection T-Shirt - Anthracite. $34.99Cooper Kupp Los Angeles Rams Nike Super Bowl LVI Bound Game Patch Jersey - Royal. $41.99Los Angeles Rams Nike Youth 2021 NFC Champions Locker Room Trophy Collection Pullover Hoodie - Anthracite at FanaticsChampionship Hoodies and SweatshirtsLos Angeles Rams Nike 2021 NFC Champions Locker Room Trophy Collection Pullover Hoodie - Anthracite. $74.99Los Angeles Rams Nike 2021 NFC Champions Locker Room Trophy Collection T-Shirt - Anthracite at FanaticsChampionship Long-sleeved ShirtsLos Angeles Rams Nike 2021 NFC Champions Locker Room Trophy Collection Long Sleeve T-Shirt - Anthracite.

mlive.com

Cincinnati Bengals are AFC Champions, where to get hats, T-shirts, championship gear

Here are some of the bestsellers:Championship T-shirtsCincinnati Bengals Nike 2021 AFC Champions Locker Room Trophy Collection T-Shirt - Anthracite. $79.99Championship HoodiesCincinnati Bengals Nike 2021 AFC Champions Locker Room Trophy Collection Pullover Hoodie - Anthracite. $84.99Cincinnati Bengals Nike 2021 AFC Champions Locker Room Trophy Collection Pullover Hoodie - Anthracite at Fanatics. Championship HatsCincinnati Bengals New Era 2021 AFC Champions Locker Room 9FORTY Snapback Adjustable Hat - White/Heathered Gray. $31.99Cincinnati Bengals New Era 2021 AFC Champions Locker Room 9FORTY Snapback Adjustable Hat - White/Heathered Gray at FanaticsChampionship GearCincinnati Bengals WinCraft 2021 AFC Champions 22′' x 42′' On-Field Locker Room Towel.

mlive.com

LVMH CEO Bernard Arnault says 'we have to be wary of bubbles' with the metaverse

LVMH CEO Bernard Arnault expressed a note of caution regarding the hype around the metaverse, during the luxury goods company's latest earnings call.

cnbc.com

Walmart is quietly preparing to enter the metaverse

Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of NFTs.

cnbc.com

Poll: Pistons unveil 2021-22 Nike City Edition jersey: Is this trash?

It’s time for another edition of the ClickOnDetroit tradition -- is this trash? This time, we’ve got some new Pistons jerseys.

Time to update your quarterback jersey with a Jared Goff edition

A new season begins, and a whole new look for Lions fans! It’s time to update your gear with a brand new jersey.

Changing the Games: These stories of Olympic moms transcend sports; will make you feel things

It’s one thing to be a new mom: Unpredictable, frazzled, busy; you’re trying to get to know your baby, heal your body and maybe even breastfeed, which can be unfamiliar and challenging, especially at first.

Avenatti sentenced to 2 1/2 years in prison for extortion

A New York judge has sentenced the combative California lawyer Michael Avenatti to 2 1/2 years in prison for trying to extort up to $25 million from Nike.

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Stock close higher, S&P 500 has best week since February

Stocks ended mostly higher Friday, helping the S&P 500 index close out its best week since February.

Avenatti sentencing postponed until July 9 in Nike case

A judge has postponed until July 9 the sentencing of Michael Avenatti for his conviction in an extortion case involving sportswear giant Nike.

Prosecutors seek 'very substantial' prison time for Avenatti

Prosecutors are urging a judge to impose a “very substantial” prison sentence on Michael Avenatti for trying to extort millions of dollars from Nike.

Lawyers: Avenatti's deserves leniency in Nike extortion case

Lawyers for Michael Avenatti say he should spend no more than six months behind bars after a jury concluded he tried to extort $25 million from Nike.

Sponsors hail Naomi Osaka's 'courage' on mental health

A few years ago, a star athlete dropping out of a major tennis tournament over mental health issues might have been seen as a sign of weakness.

Nike says it ended deal with Neymar amid assault allegations

Nike has confirmed it ended its sponsorship agreement with Neymar last year after the Brazilian soccer player refused to collaborate in an investigation into an accusation that he sexually assaulted a female employee from the company.

Even with pretax profits, many big companies pay zero US tax

More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group.

Here's what foreign brands have to say about Xinjiang

The companies, under pressure from activists, have tried to distance themselves from reports of forced labor in China's Xinjiang region. It also said it conducted an inquiry at its factories to make sure they were not using any forced labor from Xinjiang. AdNIKEThe sportswear brand says on its website that it was “concerned about reports of forced labor” connected to Xinjiang. No UNIQLO product is manufactured in the Xinjiang region.” The company also said that no Uniqlo production partners subcontract to fabric mills or spinning mills in the region. Adidas said it found no cases of forced labor on farms participating in that initiative.

China attacks foreign clothing, shoe brands over Xinjiang

AdBeijing often attacks foreign clothing, auto, travel and other brands for actions by their governments or to pressure companies to conform to its official positions on Taiwan, Tibet and other sensitive issues. Western brands face pressure at home to distance themselves from possible abuses. AdThe Global Times said Burberry, Adidas, Nike and New Balance also made “cutting remarks” about Xinjiang cotton. In January, Washington imposed a ban on imports of cotton from Xinjiang, a major supplier to clothing producers for Western markets. Comments on the internet cited clothing brands Uniqlo of Japan and The Gap of the United States as other possible offenders.

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Asian shares extend losses on worries about spread of virus

Asian shares retreated on Tuesday, Dec. 22, extending losses on growing worries over a new, potentially more infectious strain of the coronavirus that is countering good news over U.S. economic stimulus and vaccines. (AP Photo/Koji Sasahara)Asian shares retreated on Tuesday, extending losses on growing worries over a new, potentially more infectious strain of the coronavirus. The S&P 500 fell 1.4% to 3,694.92. Even after Monday’s drop, the S&P 500 is back only to where it was earlier this month. Monday was also the first day of trading for Tesla since joining the S&P 500 index.

Detroit Pistons launch new effort to keep girls playing sports

DETROIT – Many athletes know the valuable lessons learned on courts, fields and in arenas, but young girls are dropping out of sports twice as much as boys are. The Detroit Pistons are working to change that to make sure girls stay involved. The Pistons’ Game Growers’ team will develop and test their idea and create a game plan to grow sports participation for Detroit girls. You can apply online at the official Game Growers website here. Detroit Pistons reveal new ‘Motor City’ uniformThe Detroit Pistons have revealed their new “Motor City” uniforms.

Michigan teenagers open sneakers store to buy, sell, trade

They are sneakerheads and, last month, they opened a store in Okemos called House of Soles to take their hobby to the next level. There, they buy, sell and trade sneakers, mostly used, some basically new but pre-owned, according to the Lansing State Journal. “A lot of it has to do with the influence of Travis Scott and Kanye West,” Eno said. Air Jordans are popular because of Travis Scott and they are at the top again.”Employees at the store build a rapport with potential buyers and sellers. “I wanted to show people that these young African American kids are more than drug dealers and gang bangers or kids out here doing things they shouldn’t be doing,” Sellers said.

Asian shares fall as caution sets in after Wall St retreat

Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares. (AP Photo/Ahn Young-joon)Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Risks of a broader sell-off of technology shares after a long due correction, Hayaki Narita at Mizuho Bank in Singapore said in a report. “Weak leads from Wall Street continue to be the bane of Asia markets as regional indices broadly slipped,” said Jingyi Pan, market strategist at IG. In energy trading, benchmark U.S. crude fell 42 cents to $39.51 a barrel in electronic trading on the New York Mercantile Exchange.

Nike shakes off pandemic blues with surging online sales

NEW YORK – Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. In the latest quarter, Nike's digital sales rose 82%, helping offset declines in its wholesale business and Nike-owned stores. Most of Nike's stores are now open worldwide but sales continue to be slow because of lower customer traffic and safety measures related to COVID-19, the company said. Nike has stepped up its direct-to-consumer online strategy amid the pandemic, leveraging its workout app to drive digital sales. Online sales now make up at least 30% of its revenue, a goal the company had set for 2023.

Reports: Washington to shed 'Redskins' name Monday

FILE - In this Dec. 22, 2019, file photo, the Washington Redskins logo is seen on FedEx Field prior to an NFL football game between the New York Giants and the Redskins in Landover, Md. Washington state Attorney General Bob Ferguson says Seattle-based Amazon will begin pulling Redskins team merchandise from its online marketplace. (AP Photo/Mark Tenally, File)ASHBURN, Va. Washingtons NFL team will get rid of the name Redskins on Monday, according to multiple reports. USA Today, ESPN, The Washington Post, Washington Times and Sports Business Journal reported Sunday night that owner Dan Snyder is set to retire the name. That came in the aftermath of prominent sponsors FedEx, Nike, PepsiCo and Bank of America asking the team to change the name.

Redskins undergoing 'thorough review' of team name

WASHINGTON The Washington Redskins are undergoing a thorough review of their nickname. The team said Friday it has been talking to the NFL for weeks about the subject. In a statement, the team said recent events around the U.S. and feedback from the community prompted the formal review. FedEx, the title sponsor of the Redskins' stadium in Landover, Maryland, said Thursday, We have communicated to the team in Washington our request that they change the team name. On Thursday night, Nike appeared to remove all Redskins gear from its online store. Washington mayor Muriel Bowser said recently the name was an obstacle to the team building a stadium in the District.

Sponsor FedEx asks Redskins to change their name

WASHINGTON The title sponsor of the Washington Redskins stadium wants the NFL team to change its name. We have communicated to the team in Washington our request that they change the team name, FedEx said in a statement Thursday. The company paid the team $205 million in 1999 for the naming rights to FedEx Field in Landover, Maryland. Investors this week wrote to FedEx, PepsiCo and other sponsors asking them to request a change. The team's lease at FedEx Field expires in 2027, and it is still talking to Washington, Virginia and Maryland about building a new stadium.

DTE to observe Juneteenth with day off for reflection, well-being as nation decries racism

DETROIT DTE Energy announced Monday that June 19 -- a holiday known as Juneteenth -- will be recognized company wide on Friday as a day for reflection and well-being amid national unrest. Juneteenth is a holiday commemorating June 19, 1865, when the last African American slaves were informed of their freedom. DTE said in a statement that employees across the country will receive a paid day off on Friday, encouraging them to join with family members, friends or coworkers to listen, learn, heal and act for racial justice." I stand with all 10,000 DTE employees against all forms of discrimination and violence at work and where we live. DTE joins a list of companies -- including Detroit-based Quicken Loans and Nike -- in recognizing Juneteenth this year.

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Nike is making June 19 -- ‘Juneteenth’ -- a company holiday

Nike is joining a list of companies moving to make June 19 -- “Juneteenth” -- a holiday. The move is part of the company’s effort to recognize a nationwide move against injustice for Black Americans. Juneteenth honors the day in 1865 when United States soldiers announced the news of the Emancipation Proclamation to enslaved African Americans in Texas. Nike’s announcements included plans to diversify the company by increasing the number of Black, Latino and female employees. Related: Trump rally on Juneteenth in Tulsa called ‘slap in the face’

Nike, NFL and others to start giving workers Juneteenth off

Although slavery was already abolished more than two years earlier by the Emancipation Proclamation, it continued in some areas. Some businesses have professed support for the Black Lives Matter movement or pledged to donate money to organizations. Others have promised to hire more black workers or make other policy changes. This week, Nike CEO John Donahoe told workers they would get Juneteenth off starting this year as a way to celebrate black culture and history. The power of this historical feat in our countrys blemished history is felt each year," Goodell wrote in a memo.

Jordan giving $100 million for racial equality, justice

CHARLOTTE, N.C. CHARLOTTE, N.C.Michael Jordan and the Jordan Brand are giving $100 million to organizations dedicated to promoting racial equality and social justice. In a joint statement Friday on social media, Jordan and the Jordan Brand said money will be paid over 10 years with the goal of ensuring racial equality, social justice and greater access to education.Black lives matter, the statement said. The Jordan Brand is a subsidiary of Nike, the shoe giant that earlier Friday committed $40 million over the next four years to support the black community. Jordan also released a statement Monday on George Floyd and the killings of black people at the hands of police. I stand with those who are calling out the ingrained racism and violence toward people of color in our country.

Brands weigh in on national protests over police brutality

Black lives matter. At the same time, companies must consider whether it makes sense for them to weigh in, especially on an issue as sensitive as race. Media giant ViacomCBS tweeted Black Lives Matter. Expressing solidarity with the Black Lives Movement is the right message, but everyone is jumping in on that bandwagon, said Allen Adamson, co-founder and managing partner of Metaforce a marketing and product consultancy. Each of these black lives matter.

Dont Do It: Nike alters slogan to encourage addressing racism in new video

Athletic wear company Nike released a short video on Friday in response to the nations outcry against police brutality and racism following the killing of Minneapolis man George Floyd. MORE: 1 killed, multiple arrests made during protests in Downtown DetroitThe short film trades Nikes well-known Just Do It. slogan with For Once, Dont Do It." In Detroit and all around the country, people are protesting against police brutality and racism after Floyd was killed on May 25 by a Minneapolis police officer. Chauvin has since been charged with third-degree murder and second-degree manslaughter, but not before the protests consumed Minneapolis and other cities. MORE: Protests, some violent, spread in wake of George Floyd deathMetro Detroit leaders are calling for protestors to remain peaceful as they cry out against social injustice.

2 men steal shopping cart of Nike basketball shoes from Dick’s store in Bloomfield Township, police say

BLOOMFIELD TOWNSHIP, Mich. – Two men stole a shopping cart full of Nike basketball shoes from a Dick’s Sporting Goods store in Bloomfield Township, police said. Officials learned from the store manager that two men loaded a shopping cart full of Nike basketball shoes and fled out the emergency exit in the back of the store. The other has a facial tattoo, stands about 6 feet tall and weighs 240 pounds, according to authorities. Officials estimate the men stole more than $800 worth of gym shoes. Anyone who recognizes the men is asked to call Bloomfield Township police at 248-433-7755.

Two arrested in connection with Pontiac armed robbery

(WDIV)PONTIAC, Mich. - Police are investigating an armed robbery that happened near Franklin Boulevard and South Boulevard in Pontiac after 4 p.m. Thursday. Police say the armed robber reportedly fled on foot. Deputies searched the area but were unable to locate the armed robber. The armed robber told the victim he had a weapon and then took his shoes. Police located the armed robber and another teen wanted in connection with the armed robbery at a home in the 300 block of Franklin Boulevard.

Two arrested in connection with Pontiac armed robbery

(WDIV)PONTIAC, Mich. - Police are investigating an armed robbery that happened near Franklin Boulevard and South Boulevard in Pontiac after 4 p.m. Thursday. Police say the armed robber reportedly fled on foot. Deputies searched the area but were unable to locate the armed robber. The armed robber told the victim he had a weapon and then took his shoes. Police located the armed robber and another teen wanted in connection with the armed robbery at a home in the 300 block of Franklin Boulevard.

Nike says Antonio Brown is no longer 'a Nike athlete'

Star New England Patriots wide receiver Antonio Brown no longer has an endorsement deal with Nike, the company said Thursday, more than a week after the NFL star was accused of rape. "Antonio Brown is not a Nike athlete," a Nike spokesperson said, declining to comment on specifics. Brown, who is in his 10th NFL season, signed a multimillion-dollar contract with the Patriots this month after being released by the Oakland Raiders. In the past, Nike has stood by athletes accused of wrongdoing. Nike put former NBA star Kobe Bryant in advertisements in 2005, a year after he settled an accusation of rape.

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Colin Kaepernick's Nike ad wins Emmy for outstanding commercial

Nike's partnership with athlete-turned-activist Colin Kaepernick is continuing to pay big dividends. One of the company's attention-getting commercials starring Kaepernick just won a 2019 Emmy Award. BEAVERTON, Ore. - Nike's gamble to partner with athlete-turned-activist Colin Kaepernick paid off Sunday as the company won an Emmy for outstanding commercial at the 2019 Creative Arts Emmy Awards. Since the commercial aired on televisions around the world, Nike has released several other socially and politically charged ads featuring an array of athletes from different backgrounds. Most recently, Nike partnered with the Toronto Raptors in their release of a team-branded hijab for Muslim women athletes.

SpongeBob SquarePants Gets His Own Special Sneakers With an Assist From Nike and Kyrie Irving

Your feet do now, thanks to these sweet kicks from basketball star Kyrie Irving. The newly minted Brooklyn Nets player partnered with Nike and Viacom Nickelodeon Consumer Products to create the Kyrie x SpongeBob SquarePants collection, which features five different sneakers for five of Bikini Bottom's biggest personalities. The centerpiece is SpongeBob himself, a bright yellow shoe with the character's face embedded in the insert. They really went all out on this collaboration, he said of the bright yellow, spongy sneakers. RELATED STORIESWhy SpongeBob SquarePants Crashed Maroon 5's Super Bowl Halftime Show'SpongeBob SquarePants' Creator Stephen Hillenburg Dead at 57Teen With Autism Saves Choking Classmate After Learning Heimlich Maneuver From 'SpongeBob'

USWNT equal-pay lawsuit set for May trial

Carli Lloyd of the USA lifts the FIFA Women's World Cup Trophy following victory over the Netherlands in the 2019 FIFA Women's World Cup France Final on July 7, 2019, in Lyon, France. (CNN) - A gender discrimination lawsuit filed by members of the US women's soccer team against the US Soccer Federation has been scheduled for trial starting May 5, a spokeswoman for the players said. The US Women's National Team's lawsuit was filed in March in US District Court in California, with 28 members of the team listed as plaintiffs. Mediation talks between US Soccer and the US women's soccer team broke down, Levinson said last week. "The women's national team players deserve equal pay and are right to pursue a legal remedy from the courts or Congress," the men's team said.

Nike further expands protections for pregnant athletes

(CNN) - Nike is making further changes to its maternity policy for sponsored athletes after its previous rules sparked a backlash from high-profile stars. The policy adjustment ensures that female athletes won't be "adversely impacted financially for pregnancy" for 18 months, which is six months more than under the previous policy. In a video for the newspaper's opinion section published in May, she criticized Nike for penalizing its own athletes for having children while marketing itself as a supporter of women in sports. "I'm grateful to NIKE leadership for believing that we are all more than athletes." Nike made an initial policy change after the controversy erupted in late May, exempting athletes who have children from minimum performance standards governing pay for 12 months.

California man's rare Nike shoes sell for tens of thousands

SACRAMENTO, Calif. - A Sacramento man was shocked when he learned how much a 47-year-old pair of running shoes in his garage was worth. The pair of old, sweaty, beat up running shoes was safely tucked away for nearly half a century. The shoes were the first prototype of what is known today as the Nike Waffle Racing Moon Shoe -- and only ten athletes got them. The Graduate Eugene Hotel bought his pair of running shoes and now displays them among their 44-pair collection of some of the rarest Nike shoes ever made. Meanwhile, on July 24, 2019, a never before worn pair of Nike Moon Shoes sold for $437,500 making it the most expensive pair of shoes ever sold.

Talks break down between USWNT and US Soccer over equal pay

Carli Lloyd of the USA lifts the FIFA Women's World Cup Trophy following victory over the Netherlands in the 2019 FIFA Women's World Cup France Final on July 7, 2019, in Lyon, France. (CNN) - Mediation talks between US Soccer and the United States women's soccer team over a gender discrimination lawsuit filed by the players earlier this year have broken down, according to a spokesperson for the players. Included in the federation's numbers is that US Soccer pays USWNT contracted players a salary to play in the National Women's Soccer League, while the men are paid by their individual teams. "The women's national team players deserve equal pay and are right to pursue a legal remedy from the courts or Congress," the men's team said. Sponsors have also been adding to the pressure to resolve the equal pay fight with deodorant brand Secret saying in July that it planned to contribute $529,000 to the USWNT players' association.

Nike launches sneaker subscription service for kids

Nike announced Monday that it is debuting Nike Adventure Club, a sneaker subscription for kids ages 2 through 10. Shopping for kids' shoes online also brings sizing issues and return hassles, the company says. "We've discovered a huge pain point for parents around shopping for kids' shoes," Dave Cobban, general manager of Nike Adventure Club, said. Nike started piloting a sneaker club for kids two years ago. Perhaps more importantly for Nike, its kids' sneaker club allows the company to test out the subscription market and potentially apply it to its adult shoppers.

Nike's rare 'Moon Shoe' sold for $437,500

The pair of Nike "Moon Shoe," waffle-soled running shoes designed by Nike's co-founder Bill Bowerman for the 1972 Olympic Trials, is one of only 12 ever made, and the only known unworn pair. As yet, there are no bids on the sneakers, which(CNN) - A rare pair of Nike's "Moon Shoe" has broken the world auction record for a pair of sneakers, according to New York auction house Sotheby's. The waffle-soled running shoes were designed by Nike co-founder Bill Bowerman for the 1972 Olympic Trials. The starting price for the Moon Shoe was $80,000, and the final sale price shattered the pre-sale estimate of $160,000. Last week, Nadal purchased 99 other pairs of rare sneakers from Sotheby's in a private sale for $850,000.

Nike signs Zion Williamson to its Jordan Brands line

Zion Williamson #1 of the New Orleans Pelicans walks on the court during a game against the New York Knicks during the 2019 NBA Summer League at the Thomas & Mack Center on July 5, 2019, in Las Vegas. (CNN) - ZIon Williamson has apparently forgiven Nike for that whole exploding shoe mishap earlier this year. The New Orleans Pelicans draft pick and former Duke basketball freshman standout has agreed to endorse Nike's Jordan Brand of sneakers. Adding Williamson is a big win for Nike, especially after Williamson famously hurt himself in February after his Nike sneaker broke during a crucial game. "I feel incredibly blessed to be a part of the Jordan Brand family," Williamson said in the statement.

Colin Kaepernick's Nike commercial nominated for an Emmy

Colin Kaepernick/Nike via CNN(CNN) - Nike's partnership with athlete-turned-activist Colin Kaepernick is continuing to pay big dividends. One of the company's attention-getting commercials starring Kaepernick was just nominated for a 2019 Emmy. The commercial is nominated alongside entries from Netflix, Apple and Sandy Hook Promise, a gun violence prevention organization. Days after unveiling the "Dream Crazy" ad, Nike's stock value hit an all-time high. Recently, their Women's World Cup ad got a lot of love, and an ad featuring Serena Williams shook the sports world earlier this year.

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