Recent events
Recent events tied to this brand in public sources.
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2020
Nike announces restructuring plan involving job losses
Nike said it was restructuring to build a flatter, more flexible company and expected the restructuring to result in net job losses. The number of affected employees and departments was not specified; phased layoffs were expected to begin in July.
2020
Nike reports fiscal 2020 results
Nike reported fiscal 2020 sales of $37.4 billion, down 4% year over year, and net income of $2.539 billion, down 37%. For the fourth fiscal quarter, sales were $6.313 billion and the company reported a loss of $790 million.
2020
Nike reports quarterly loss and lower sales
Nike reported its first quarterly loss in two years, while sales in the previous quarter fell nearly 40% year over year.
2020
Nike commits $40 million to support the Black community
Nike committed $40 million over four years to support the Black community.
2020
Nike SB Chunky Dunky sneaker goes on sale
The Nike SB Chunky Dunky sneaker, inspired by Ben & Jerry’s, went on sale at select skate shops on Saturday and was released through the Nike SNKRS app on Tuesday, May 26.
2020
Nike resumes reopening stores across markets
Nike reported that all of its owned stores and more than 95% of partner stores in Greater China and South Korea had resumed operations, and that it had begun reopening stores in more than 15 countries, including Germany, France, the Netherlands, Brazil and the United States.
2020
Nike partners with organizations to donate goods to first responders
Nike teamed up with nonprofit Good360 in the United States and local organizations in Europe to donate 140,000 pieces of footwear, apparel, and equipment to first responders during the pandemic.
2020
Master & Dynamic launches giveaway for KD13 collaboration headphones
Master & Dynamic announced a collaboration with Kevin Durant and Nike featuring redesigned headphones and earphones inspired by Nike KD13 shoes. The products were not for sale; the company offered them through an Instagram contest that launched on the article's publication date.
2020
Nike announces partnership to donate healthcare supplies
Nike announced a partnership with Good360 in the US and local organisations across Europe to donate more than 140,000 pieces of footwear, apparel and equipment for frontline healthcare workers.
2020
Nike donates shoes to healthcare workers
Nike is donating 30,000 pairs of shoes designed for healthcare workers across the United States during the COVID-19 pandemic.
2020
Nike announces healthcare-worker donations with distribution partners
Nike announced that 32,500 pairs of Nike Air Zoom Pulse sneakers would be given to healthcare systems in the United States and Europe, and said it would partner with Good360 in the United States and local organizations in Europe to donate footwear, apparel and equipment globally.
2020
Nike and Good360 partner to distribute donations to healthcare workers
Nike partnered with nonprofit Good360 to distribute footwear, apparel, and equipment donations to healthcare workers, including Nike’s complete 32,500-pair Air Zoom Pulse inventory.
2020
Nike announces Zip Swoosh Air Force 1 sneakers
Nike introduced the Air Force 1 ‘07 Premium “Zip Swoosh” sneaker series, featuring removable Swoosh logos that can be changed to different colors. Sales were scheduled to begin on April 24 at atoms Tokyo and Nike Japan.
2020
Judge rules Nike owns the Klaw logo
U.S. District Judge Michael W. Mosman ruled in Nike's favor in the dispute over the Klaw logo, finding that the logo Nike created with Kawhi Leonard's help was an independent piece of intellectual property and that Leonard did not own it.
2020
Nike releases “The Sun Is Out” film
Nike released the “The Sun Is Out” campaign film, honoring athletes and aiming to inspire people with their positive spirit.
2020
Nike commits donations to Memphis COVID-19 response organizations
Nike committed $250,000 each to the Mid-South Food Bank and the Community Foundation of Greater Memphis’ COVID-19 Regional Response Fund as part of its COVID-19 response commitments.
2020
Nike announces temporary store closures in the US and several other markets
Nike announced that it would close all of its stores in the United States and close stores in Canada, western Europe, Australia and New Zealand from March 16 to 27 to limit the spread of coronavirus. The article says Nike-owned stores in South Korea, Japan, most of China and many other countries would remain open.
2020
Game Plan sues over slogan
Game Plan Inc filed a lawsuit against Uninterrupted, Nike, Disney, and Two-Take Interactive Software Inc., claiming that LeBron James and Uninterrupted took its “I am more than an athlete” slogan. Uninterrupted called the lawsuit “meritless.”
2020
Nike unveils Team USA’s 2020 Olympic uniforms
Nike unveiled uniforms for Team USA to wear while accepting medals at the 2020 Summer Olympics in Tokyo. The uniforms include apparel made with recycled materials.
2020
Nike announces distributor partnerships in four South American markets
Nike announced that it was transitioning its Nike Brand business in Brazil, Argentina, Chile and Uruguay to strategic distributor partnerships. The announcement said Grupo Axo would acquire Nike's operations in Argentina, Chile and Uruguay, and Grupo SBF would become the owner of substantially all of Nike's operations in Brazil when the transition is complete; the transactions were targeted for completion by mid-2020 and were subject to approvals.