Nike Inc


  • UPDATE 1-Skechers profit soars on runaway shoe sales Tuesday, 22 Apr 2014 | 7:18 PM ET

    April 22- Skechers USA Inc posted a near-fivefold jump in quarterly profit after its new footwear designs sold well in the United States and abroad, sending shares of the company up 14 percent after the bell. Skechers, whose larger rivals include Nike Inc and Adidas AG, said it expected U.S. and international demand to stay strong for the rest of the year.

  • No solution in sight for China shoe factory strike Tuesday, 22 Apr 2014 | 6:56 AM ET

    BEIJING— Workers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike and Adidas.

  • Nike lays off some Fuelband staff Monday, 21 Apr 2014 | 12:59 PM ET

    NEW YORK— Athletic gear maker Nike said it laid off some staffers who worked on its Fuelband digital fitness products. Nike Inc. launched its Nike+ FuelBand, a bracelet that tracks movement, in 2012 and introduced a newer model, the FuelBand SE, in November 2013. The band tracks movement and translates it into what Nike calls "Fuel."

  • Why Nike's plan to sell wearables is not working Monday, 21 Apr 2014 | 10:28 AM ET

    Nike laid off workers in its Fuelband division, showing that selling activity trackers and other wearables is not easy, even for a fitness company.

  • Nike fires FuelBand team: CNET     Monday, 21 Apr 2014 | 10:12 AM ET

    Sam Poser, Sterne Agee senior research analyst, discusses reports Nike is firing the majority of its "FuelBand" team sparking rumors it's getting rid of the product all together.

  • Early movers: BID, GM, AZN, FB & more Monday, 21 Apr 2014 | 7:46 AM ET
    Monopoly games, made by Hasbro

    Some of the names on the move ahead of the open.

  • China shoe strike spreads, enters second week Monday, 21 Apr 2014 | 4:12 AM ET

    SHANGHAI, April 21- One of China's biggest strikes in years stretched into a second week on Monday, and spread from a huge shoe production complex in southern Guangdong province to a facility owned by the same company in neighbouring Jiangxi province.

  • Chinese trade group to mediate shoe factory strike Friday, 18 Apr 2014 | 6:30 AM ET

    BEIJING— Chinese police hauled away dozens of workers Friday to break up a march on a factory complex targeted by tens of thousands of laborers striking against the world's largest maker of athletic shoes, while a government trade union said it would mediate the labor dispute.

  • China shoe factory strike shows welfare Achilles' heel Thursday, 17 Apr 2014 | 5:00 PM ET

    DONGGUAN, China, April 17- Zhou Hujun, one of thousands of shoe factory workers on strike in southern China, drove his motorbike to the local government's Social Security Department seeking answers.

  • Stocks wavered between gains and losses on Thursday amid a slew of quarterly earnings.

  • Strike at China sneaker factory snowballs Thursday, 17 Apr 2014 | 4:34 AM ET

    BEIJING— A strike at the Chinese factories of the world's biggest athletic shoe maker snowballed Thursday to about 30,000 workers, a labor group said, making it one of the largest-ever work stoppages at a private business in China.

  • HONG KONG, April 17- Yue Yuen Industrial Ltd, which makes sports shoes for Nike and Adidas, said it will change employee benefit payments for workers at a Guangdong factory after the employees went on strike.

  • DONGGUAN/ HONG KONG, April 15- Thousands of workers at a giant Chinese shoe factory shrugged off an offer for improved social benefits on Tuesday, prolonging one of the largest strikes in China in recent years amid signs of increased labour activism as the economy slows.

  • Chinese sneaker factory workers go on strike Tuesday, 15 Apr 2014 | 5:08 AM ET

    HONG KONG— Workers at a Chinese factory owned by Yue Yuen, the world's largest maker of athletic footwear for brands such as Nike and Adidas, are striking in a dispute over benefits. A worker said more than 10,000 employees at Yue Yuen Industrial's plant in the southern province of Guangdong joined the strike on Tuesday.

  • Top college players could be worth $1M on open market Saturday, 12 Apr 2014 | 9:02 AM ET
    Shabazz Napier #13 of the Connecticut Huskies celebrates on the court after defeating the Kentucky Wildcats 60-54 in the NCAA Men's Final Four Championship at AT&T Stadium on April 7, 2014 in Arlington, Texas.

    If college athletes ever get paid, their salaries could be in the hundreds of thousands of dollars, if not millions.

  • Fitbit: How our devices help people     Wednesday, 9 Apr 2014 | 11:32 PM ET

    James Park, CEO & Co-founder of Fitbit, says the firm's wearable devices that track personal metrics of its users focus on the health of common people rather than athletes.

  • U.S. stocks climbed on Tuesday as Wall Street looked to first-quarter earnings.

  • No Tiger Woods = Less money around the Masters Tuesday, 8 Apr 2014 | 3:43 PM ET
    Tiger Woods at the World Golf Championships-Cadillac Championship, March 9, 2014, in Doral, Fla.

    If you've ever wanted to roam the beautiful greens of Augusta, this may be the year to do it.

  • Early movers: NKE, TSLA, FB, NFLX & more Tuesday, 8 Apr 2014 | 7:51 AM ET
    Traders on the floor of the New York Stock Exchange react to an announcement from the Federal Reserve during the afternoon of March 19, 2014 in New York City. The Federal Reserve announced that it would cut bond purchases by $10 Billion.

    Some of the names on the move ahead of the open.

  • Nike swings for $1.2B market with golf ball lab Saturday, 5 Apr 2014 | 11:18 AM ET

    Nike's Oven West is an R&D laboratory dedicated entirely to golf balls—developing them, testing them and bringing new models to market.

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