Thu, Jun 20, 2024
Travelers should be aware that flaunting fake luxury goods like Gucci, Versace, Louis Vuitton, Nike, Puma, and Adidas in the US can lead to significant losses. The CBP has made it clear that carrying more than one counterfeit product is against US regulations and can be classified as smuggling, a crime with severe repercussions.
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Fri, Feb 16, 2024
The announcement of job cuts comes after Nike announced in December last year that it would save up to $2 billion in costs over the next three years.
Tue, Nov 07, 2023
Nike has previously sued Adidas, Puma and Lululemon for infringing Flyknit patents.
Wed, Feb 16, 2022
The fast-food company is investing a big amount for this project and has already filed more than 10 patents for its virtual store.
Fri, Mar 26, 2021
Nike and Adidas came under attack on Chinese social media on Thursday over past comments the fashion brands have made about labour conditions in Xinjiang, part of a diplomatic row between China and the West.
Thu, Jul 04, 2019
A pair of Nike sneakers, themed on an early version of the American flag, has led to political outrage in the US ahead of the country`s Independence Day.
Wed, May 22, 2019
Some of the world`s biggest footwear firms are urging US President Donald Trump to end the trade war with China, warning of a "catastrophic" effect on consumers.
Tue, May 21, 2019
It was also addressed to US Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and Larry Kudlow, the director of the National Economic Council.
Leading U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged the U.S. President Donald Trump to immediately remove footwear from the proposed tariffs list on goods imported from China.
Mon, Mar 25, 2019
"Samsung showed an upward movement of eight ranks to secure the top position on the list of this year. The South Korean conglomerate dominates the Indian market by displaying its determined supremacy through complete consumer focus, thus dominating their mind and perception," TRA said in a statement.
Tue, Feb 26, 2019
Another American brand Skechers, which is relatively new in the Indian market, reported sales of Rs 440 crore in FY 2018-19, up from Rs 282 crore reported in FY2016-17.
Fri, Feb 22, 2019
Nike, which exclusively supplies Duke`s basketball team with uniforms, shoes and gear, quickly released a statement, saying they were "working to identify the issue".
Fri, Dec 21, 2018
India's most attractive brand in 2018; With 49 names in the top 100, Indian brands dominated the TRA research's most attractive brands' list this year, which had 18 brands from America, 6 from Japan and 2 from China.
Tue, Sep 27, 2016
While this is the highest ever for any non-cricket player, even cricket players such as Virat Kohli and Mahendra Singh Dhoni failed to get such a big deal on their first brand endorsement.
Thu, Sep 08, 2016
Apple weighed on US stocks on Thursday, a day after the tech giant unveiled the new iPhone 7 that failed to impress Wall Street. Apple fell 2.3% to $105.82, its steepest decline since June 24 when Britain's vote to leave the European Union (EU) unleashed a massive selloff.
Sat, Jul 23, 2016
This is the first instance of Nike embracing the 'big is beautiful' concept in its communication.
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