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Nike Inc - FY2020 Compensation For CEO John J. Donahoe II Was $53.5 Million
Nike Says Carl Grebert Becomes VP/GM, EMEA
Nike Reports Q4 Loss Per Share $0.51
NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company's operating segments include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse. As of May 31, 2016, the Company focused its NIKE brand product offerings in nine categories: Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Men's Training, Women's Training, Action Sports, Sportswear (its sports-inspired lifestyle products) and Golf. Men's Training includes its baseball and American football product offerings. It also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company sells a range of performance equipment and accessories under the NIKE Brand name.
1 SW Bowerman Dr
Mark G. Parker
Executive Chairman of the Board
John Joseph Donahoe
President, Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
President - Consumer and Marketplace
Andrew M. Campion
Chief Operating Officer
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Nike Inc general counsel Hilary Krane's total compensation rose about 22% year-over-year to nearly $6 million in the footwear maker's fiscal year 2020, which ended May 31 as the Covid-19 crisis deepened, a regulatory filing shows. Krane, who is also chief administrative...
Nike Inc <NKE.N> on Friday warned of job cuts as the world's largest footwear maker ramps up efforts to sell directly to customers through its online and retail channels.
Futures tracking the S&P 500 were largely flat on Friday as investors digested a surprise quarterly loss for Nike and the Federal Reserve's move to limit shareholder payouts by banks amid a surge in new coronavirus cases.
Nike Inc <NKE.N> on Thursday reported an unexpected quarterly loss - its first in more than two years - hurt by closures of department and retail stores due to lockdowns spurred by the COVID-19 pandemic.
The U.S. Court of Appeals for the Federal Circuit on Thursday upheld two Nike Inc patents against a challenge by rival Adidas AG, leaving Adidas open to a potential infringement lawsuit over its Primeknit shoes.
Nike Inc on Thursday reported a fourth-quarter loss, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest footwear company down 3.3% in extended trading.
* NIKE INC - AS OF TODAY, 100 PERCENT OF NIKE-OWNED STORES AND OVER 95 PERCENT OF PARTNER STORES IN GREATER CHINA AND SOUTH KOREA ARE OPEN
Nike Inc <NKE.N> said on Thursday store closures across the globe will hurt its retail and wholesales businesses in the fourth quarter, even as it ramps up its e-commerce capabilities to address increased online orders amid the COVID-19 pandemic.
Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth quarter.
Czech central bank Vice-Governor Tomas Nidetzky expects the economy to experience an initial sharp downturn in economic output followed by a gradual recovery, he said in a podcast posted on the bank's website on Thursday.
A federal appeals court has revived a lawsuit by a former Nike Inc employee who claims he suffered severe and pervasive harassment because of his Croatian national origin.
Nike Inc <NKE.N> shares rose 8% on Wednesday after the sportswear maker's impressive recovery in China sales offered hope that it was prepared to cope with the financial fallout of the coronavirus pandemic in other markets.
Nike Inc <NKE.N> beat estimates for quarterly revenue on Tuesday as strong digital demand offset the first China sales drop in nearly six years from the coronavirus-fueled shutdowns, but the company held back from providing a forecast due to the outbreak.
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the drop in China sales due to the coronavirus-fueled shutdowns.
German sportswear maker Adidas <ADSGn.DE> on Tuesday joined rivals in announcing store closures in response to the coronavirus pandemic.
Adidas on Tuesday joined rival Nike in announcing store closures in response to the coronavirus pandemic.
Nike Inc's <NKE.N> revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store closures, supply disruptions and the suspension of this year's NBA season due to the coronavirus pandemic.
Nike Inc, Lululemon Athletica Inc and Under Armour Inc on Sunday said they would close stores in the United States and other markets, joining a growing list of major retailers moving to help limit the spread of the coronavirus.
Nike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported https://www.cnbc.com/2020/03/15/nike-is-closing-all-of-its-stores-in-the-us-because-of-coronavirus.html?__source=twitter%7Cmain...
* NIKE IS CLOSING ALL OF ITS STORES IN THE U.S., ALONG WITH OTHER PARTS OF THE WORLD, TO TRY TO CURB SPREAD OF CORONAVIRUS - CNBC
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