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The Latest Breaking News from NIke

Nike will lay off workers as part of $2-billion cost-cutting plan

The company slashed its sales forecast and said it plans to cut up to $2 billion in costs over three years. Slowing sales in China are a big reason why.

WEKU

Stocks See Support as Weak U.S. Deflator Supports Fed Rate-Cut Expectations

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. Stocks are mildly higher on support from a larger-than-expected...

Barchart

Inflation Data Softens, S&P 500 & Nasdaq Rise; Nike Dips

Get ready for a promising start as S&P 500 and Nasdaq gear up for a higher open following mild inflation data. Meanwhile, Nike takes a slight dip.

Top News

The 10 best movies of 2023: ‘Oppenheimer’ made with detailed care that no film can match

The year also brought standout titles about murders of Native Americans, Michael Jordan’s Nike deal and a doll leaving her pink wonderland.

Chicago Sun-Times

Cristiano Ronaldo Net Worth 2024: Amassing Wealth On And Off The Soccer Field

Cristiano Ronaldo's net worth in 2024 may be one of the highest when it comes to world athletes, and it is easy to see why.

International Business Times

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are up +0.50%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.67% this morning, rebounding from the previous day’s sell-off, while market participants geared up for a new round of U.S. economic data and awaited an earnings report from footwear and sports apparel…

Barchart

I Reviewed More Than 50 New Running Shoes In 2023, Here Are My Five Favorites

Highlights of 2023 include the best Nike Vaporfly yet and a return to form for the Adidas Boston

Coach

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Marie Claire

As Mary Earps becomes the first ever goalkeeper to win BBC Sports Personality of the Year: 6 surprising fun facts you didn't know about her

The former MC UK Guest Editor is a jack of all trades.

The Guardian - US

Rare Air Jordans made for Spike Lee fetch $50,000 for homelessness charity

The shoes – which debuted as Lee’s footwear at the 2019 Academy Awards – were found in a clothing donation bin in Portland, Oregon

The Guardian - UK

Mary Earps receives Nike promise to avoid another women’s replica shirt row

Mary Earp has said ‘representation, visibility, is so important’ after she revealed Nike will ensure her shirt will be readily available for sale

The Independent UK

Mary Earps hits out at Manchester United transfer speculation: ‘It’s an injustice’

Earps, who capped an incredible 2023 by being voted the BBC’s Sports Personality of the Year, has been linked with a move to Arsenal

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news in one place.

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StockNews.com

NIKE (NKE) Earnings Preview: Athletic Stock Buy or Sell?

Sports apparel retailer NIKE (NKE) will report its second-quarter results on December 21. While its revenue is expected to rise, its EPS is expected to remain flat year-over-year. Additionally, it trades at an expensive valuation compared to its peers. Therefore, is the stock a buy or sell now? Let’s discuss….

The Guardian - UK

Football for free: will Paris FC’s brave policy raise profile of women’s game?

Club estimate scheme will lose them €1m as it includes the men’s team too but the women have already set an attendance record

The Independent UK

Piers Morgan claims Mary Earps did not ‘deserve’ SPOTY award over Rory McIlroy, Frankie Dettori and Ronnie O’Sullivan

Earps succeeds fellow Lionesses star Beth Mead who won the Sports Personality award after England’s Euros triumph in 2022

The Independent UK

Last-minute Christmas deals: ASOS, Sephora, Beerwulf, JD Sports, Debenhams and more

Take advantage of discount codes from top brands with delivery in time for Christmas

The Independent UK

Mary Earps crowned Sports Personality of the Year as Man City sweep other awards

England star Earps was the odds-on favourite and topped the public vote ahead of Stuart Broad, Katarina Johnson-Thompson, Frankie Dettori, Alfie Hewett and Rory McIlroy

The Independent UK

England goalkeeper Mary Earps crowned BBC Sports Personality of the Year

The 30-year-old was a key part of the Lionesses side which reached the Women’s World Cup final in the summer.

USA Today Sports Media Group

5 sneaky cool things you didn’t know about Sabrina Ionescu and her Nike signature shoes

Nike and WNBA star Sabrina Ionescu have something special going on. Her Sabrina 1 signature shoes mean more.

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