Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion
(Reuters) – California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald…
Adidas to close German, U.S. robot factories
FILE PHOTO: Prototypes of Futurecraft 3D shoe are pictured during a presentation of the first Adidas shoe from its new…
Nike’s first quarter shines as direct-to-consumer push gains momentum
(Reuters) – Nike Inc’s (NKE.N) quarterly revenue and profit beat market expectations on Tuesday as a push to sell sneakers…
Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China
(Reuters) – U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade…
Factbox: Next rounds of Trump’s tariffs on Chinese goods to hit consumers
(Reuters) – U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on…
Wall Street Weekahead: Retailers in spotlight as tariffs on consumer products kick in
SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States…
Adidas celebrates 70 years with star-studded building opening
Former tennis player Stan Smith looks at his shoe as he attends the celebrations for German sports apparel maker Adidas’…
Nike goes ahead with investment in new Arizona manufacturing plant
FILE PHOTO: A customer is reflected in a shop window decorated with Nike store logo at the outlet village Belaya…
Arizona cancels incentive for Nike plant after ‘terrible decision’ to recall sneaker: governor
(Reuters) – Arizona’s governor on Tuesday withdrew a $1 million incentive for Nike Inc (NKE.N) to build a plant in…
U.S. firms say China tariffs will raise costs, see few sourcing alternatives
WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few…
Nike to waive performance targets for pregnant athletes: report
Boxes of Nike shoes are pictured in the warehouse of local footwear retailer “Pomp It Up” in Bussigny near Lausanne,…
German carmakers join American farmers on front line of U.S.-China trade war
WASHINGTON/FRANKFURT/BEIJING (Reuters) – An increasingly shrill exchange of words between the United States and China that is threatening to trigger…
Adidas takes 12-10 lead over Nike in World Cup shirt deals
BERLIN (Reuters) – Adidas (ADSGn.DE) can declare itself the winner over arch rival Nike (NKE.N) in the upcoming soccer World…