Nike Inc


  • JAKARTA/ PHNOM PENH, Aug 18- Labour leaders behind the biggest strikes in Cambodia's $5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighbouring countries.

  • SAN FRANCISCO, Aug 15- Apple Inc has worked with supplier Quanta over the past year to improve working conditions after a 2013 audit, published on Friday, uncovered a profusion of violations, including excessive overtime and health hazards.

  • China's Yue Yuen H1 profit falls 48 pct on staff benefits Wednesday, 13 Aug 2014 | 9:01 PM ET

    HONG KONG, Aug 14- Chinese shoe manufacturer Yue Yuen Industrial Holdings Ltd posted a 48 percent fall in first-half net profit as it booked provisions to improve employee benefits- steps it has taken after it suffered from a major strike earlier this year.

  • SAN FRANCISCO, Aug 12- Apple Inc has been discussing how its "HealthKit" service will work with health providers at Mount Sinai, the Cleveland Clinic and Johns Hopkins as well as with Allscripts, a competitor to electronic health records provider Epic Systems, people familiar with the discussions said.

  • Lululemon rises as Wilson sells part of his stake Friday, 8 Aug 2014 | 11:18 AM ET

    NEW YORK— Shares of Lululemon rose Friday after founder and former chairman Dennis "Chip" Wilson agreed to sell about half his shares in the company, averting a possible fight for control over the yoga apparel maker. Shares of Lululemon Athletica Inc. rose $1.19, or 3.1 percent, to $40.22 in late morning trading.

  • Adidas to hike marketing spend by 1 pct of sales Thursday, 7 Aug 2014 | 4:12 AM ET

    BERLIN, Aug 7- Adidas, the world's second-biggest sportswear firm, will increase its spending on marketing by 1 percent of sales as it seeks to halt the advance of market leader Nike following a profit warning last week. Adidas spent about 12.4 percent of its 14.5 billion euros of revenue on sales and marketing in 2013..

  • The reduction in the margin- a measure of operating income as a proportion of sales- comes after Adidas said last week it needed to increase investment in a bid to catch up with market leader Nike. Among the 2015 targets Adidas abandoned was a goal for an operating margin of 11 percent, still below the 13 percent U.S. group Nike saw in its fiscal year to May 31.

  • Among the targets Adidas abandoned last week was a goal to bring its operating margin to an ambitious 11 percent in 2015, still below the 13 percent recorded by rival Nike in its fiscal year to May 31.

  • Adidas sets new margin target after profit warning Thursday, 7 Aug 2014 | 1:52 AM ET

    BERLIN, Aug 7- Adidas, the world's second-biggest sportswear firm, cut its margin targets for 2014 on Thursday, a week after it issued a profit warning, blaming poor performance at its golf business and volatile emerging market currencies.

  • Forget what the Fed says, inflation is here Monday, 4 Aug 2014 | 1:04 PM ET
    Hershey's chocolate bars for sale in Chicago.

    Companies across industry groups—from food to technology to health care—are raising costs for the consumer.

  • Stocks hit; first monthly drop in six for Dow, S&P 500 Thursday, 31 Jul 2014 | 5:02 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Stocks declined Thursday, with sentiment hit by a larger-than-expected drop in European inflation.

  • BERLIN, July 31- Adidas, the world's second-biggest sportswear firm, cut its revenue and profit targets for this year and scrapped them for next, blaming a plunge in sales at its golf business and its exposure to a weak Russian market.

  • Say hello to the future mall: It's nothing like today Thursday, 31 Jul 2014 | 7:00 AM ET

    Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.

  • *To cut Russia store opening plan for 2014, 2015. BERLIN, July 31- German sportswear company Adidas said it would scale back plans to expand in Russia and overhaul its golf business, as problems in both areas forced it to cut its outlook for 2014 and say targets it had set for 2015 were no longer achievable.

  • Koons' 'Balloon Dog' knockoffs disappear Wednesday, 30 Jul 2014 | 5:29 PM ET
    The sculpture 'Balloon Dog (Red)' (1994-2000) by artist Jeff Koons

    A story went viral about Alibaba selling a version of Jeff Koons' famous balloon dogs for only $500. But since then, the dogs have disappeared.

  • Puma inks deal with Arsenal, throws a big party Wednesday, 30 Jul 2014 | 1:22 PM ET
    Arsenal's Santi Cazorla (L) celebrates with Olivier Giroud (R)

    Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.

  • Adidas aims to 'Boost' its basketball game Monday, 28 Jul 2014 | 4:58 PM ET
    The D-Rose 5 Boost and Crazylight Boost, from Adidas.

    On Sunday, Adidas announced it is bringing its innovative Boost technology to basketball, in part to take on Nike.

  • Stocks hold steady at close; S&P settles at record Thursday, 24 Jul 2014 | 4:42 PM ET

    U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.

  • July 24- Sports apparel manufacturer and retailer Under Armour Inc raised its full-year sales forecast for the second time, citing "increased confidence" in its footwear and international businesses. Shares of Under Armour, which sponsored the 2014 U.S.

  • Star-studded Nike ad gives Internet the chills Monday, 14 Jul 2014 | 5:37 PM ET
    Screengrab from Nike’s viral ad featuring Yankees shortstop Derek Jeter

    A new ad from Jordan Brand has given the Internet goosebumps.