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Russia approves 'parallel imports' after top brands halt sales

Reuters
Posted at Mar 31 08:24 AM

Russia has authorized retailers to import products from abroad without the trademark owner's permission, Prime Minister Mikhail Mishustin said, after global brands halted sales or stopped exports over Moscow's military campaign in Ukraine. Read more »

Kobe Bryant Estate, Nike renew partnership

Field Level Media/Reuters
Posted at Mar 25 05:45 PM

The Kobe Bryant Estate and Nike have reached an agreement to rekindle the partnership, nearly a year after it dissolved. Read more »

Man Utd's Greenwood dropped by Nike in wake of arrest

Reuters
Posted at Feb 08 10:48 AM

Manchester United's Mason Greenwood is no longer being sponsored by Nike after the forward was arrested on suspicion of rape and assault of a woman. Read more »

Nike sues shopping platform StockX over sneaker NFTs

Agence France-Presse
Posted at Feb 04 03:27 PM

Athletics giant Nike filed a lawsuit in New York on Thursday against shopping platform StockX for creating and marketing NFTs -- the tamper-proof digital property certificates -- based on the brand's products without permission. Read more »

Nike/Louis Vuitton sneakers by Abloh beating auction estimates

Reuters
Posted at Feb 02 07:22 AM

Bids for 200 pairs of Nike/Louis Vuitton "Air Force 1" sneakers designed by Virgil Abloh are running well beyond Sotheby's initial estimates Read more »

Wall Street bounces from Omicron selloff

Reuters
Posted at Dec 22 10:34 AM

Wall Street's main indexes rose more than 1 percent on Tuesday, while big technology stocks bounced back from an Omicron-driven rout. Read more »

LOOK: Nike's footwear collab with G-Dragon

ABS-CBN News
Posted at Nov 26 12:20 PM

Nike has given fans a first look at its footwear collaboration with G-Dragon. Read more »

Michael Jordan sneakers sell for nearly $1.5 mn

Agence France-Presse
Posted at Oct 25 07:59 AM

A pair of sneakers worn by Michael Jordan early in his career sold for nearly $1.5 million, setting a record price at auction for game-worn footwear. Read more »

Nike debuts bigger store in Glorietta

ABS-CBN News
Posted at Oct 22 03:44 PM

Nike has unveiled a bigger store in Glorietta in Makati, doubling its size and focusing on catering more products and services for women and kids. Read more »

LOOK: Nike, Girls Got Game PH launch courts for young girls

ABS-CBN News
Posted at Oct 11 12:11 PM

Nike and Girls Got Game Philippines on Monday launched two fully refurbished courts that will give young girls a space to learn, grow and have fun. Read more »

Nike cuts sales forecast, citing supply chain woes

Agence France-Presse
Posted at Sep 24 07:02 AM

The sports giant is dealing with closures of major factories in Vietnam and Indonesia due to restrictions because of COVID-19, a Nike official says. Read more »

Jordan Clarkson's new shoes honor PH roots, Gilas stint

John Gabriel Agcaoili, ABS-CBN News
Posted at Sep 11 07:40 AM

His new kicks, a pair of custom Nike Zoom Freak 2, shows him in his Gilas Pilipinas uniform, and sporting his Utah Jazz jersey. Read more »

Kobe designed, signed Hublot watch hits auction block

Alicia Powell, Reuters
Posted at Sep 10 08:11 AM

A Hublot watch designed and signed by Bryant, along with a sneaker and digital art, comes in an auction package that a seller values at $10 million. Read more »

NBA: Likely No. 1 pick Cade Cunningham signs with Nike

Field Level Media/Reuters
Posted at Jul 28 08:57 AM

Cade Cunningham can't count on being the No. 1 overall pick in the 2021 NBA Draft on Thursday, but he will have a contract in hand before the Detroit Pistons are officially on the clock. Read more »

Nike App launches in Southeast Asia, India

ABS-CBN News
Posted at Jul 08 02:30 PM

Nike on Thursday launched the Nike App -- the company's fastest growing platform -- in Southeast Asia and India to provide members with personalized access to the best of the brand. Read more »

Nike shares surge as return of pro sports boosts outlook

Agence France-Presse
Posted at Jun 25 08:33 AM

Shares of Nike skyrocketed Thursday on blowout earnings propelled by gains in direct sales to consumers and positive momentum from the return of professional sports. Read more »

LOOK: Bretman Rock joins Nike's Pride-themed campaign

ABS-CBN News
Updated as of Jun 08 05:19 PM

"Strength has no gender! It's measured from within." Read more »

Kiefer Ravena becomes first Filipino athlete to sign with Jordan Brand

ABS-CBN News
Updated as of May 04 11:42 AM

NLEX guard Kiefer Ravena on Tuesday announced that he is now part of the Jordan Brand family, becoming the first Filipino athlete to join the star-studded roster.   Read more »

Kanye West sneakers shatter sale records at $1.8 million

Thomas Urbain, Agence France-Presse
Posted at Apr 27 07:54 AM

NEW YORK - A pair of Nike Air Yeezy 1s worn by rapper Kanye West sold for $1.8 million, triple the previous record for sneakers, Sotheby's said Monday, as the market for rare sports shoes soars. Read more »

Kobe Bryant’s estate ends 18-year partnership with Nike

Field Level Media
Posted at Apr 21 01:48 AM

Bryant was reportedly growing frustrated with the sneaker giant prior to his death and that frustration continued with his estate after his death. Read more »