Search Results for: nike

Avenatti Motion Punches Back At Nike, But Will It Land?

Avenatti Motion Punches Back At Nike, But Will It Land?

Legitimate claim that Nike Inc. made illegal payments to high school hoops stars, or malicious attempt by desperate lawyer to clear his name of wrongdoing? That’s the question at the heart of the motion that attorneys for Michael Avenatti filed in federal court Wednesday to dismiss his recent indictment. SGB breaks down the latest in this ongoing saga, which includes accusations of payments to such stars as Zion Williamson. (Read More)

Nike To Launch Sneaker Subscription Service

Nike To Launch Sneaker Subscription Service

Nike Inc. this week will launch a new fee-based subscription service for kids sneakers, the company announced Monday. Nike Adventure Club will feature three tiers of subscription plans and is aimed at 2-year to 10-year olds. It will effectively gives subscribers a new pair of Nike sneakers that cost about $50 or more once a month, once every two months or once every three. (Read More)

Nike Plows Ahead With Air Manufacturing Innovation Facility In Arizona

Nike Plows Ahead With Air Manufacturing Innovation Facility In Arizona

Nike announced Thursday it is investing $184 million in its U.S. innovation footprint by opening a new Nike Air Manufacturing Innovation (Air MI) facility in Goodyear, AZ. The facility was at the center of some controversy last week when Arizona rescinded a $1 million incentive for Nike to build the plant in the state after the footwear giant canceled the launch of its new limited edition USA-themed sneaker. (Read More)

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