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“#LeBron James’ SpringHill in early deal talks with Nike: report” LeBron James’ entertainment company, SpringHill, is in early talks with Nike and other bidders about a sale, according to a report. Formed by the 36-year-old NBA star and his longtime business partner Maverick Carter, SpringHill is in “early stage” discussions, Bloomberg News reported. Talks between…
“#Nike shares hit record high as sales get post-lockdown boost” Shares of Nike surged over 15 percent to a record high Friday after the sportswear giant forecast full-year sales of more than $50 billion, riding on pent-up demand for sneakers and athletic gear from US shoppers. The company’s fourth-quarter revenue also nearly doubled, topping $12 billion…
“#Vanessa Bryant SLAMS Nike After Unauthorized ‘Mambacita’ Tribute Shoe Mysteriously Appears Online ” Vanessa Bryant is not happy with Nike right now — and she’s got a good argument backing her side! Kobe Bryant‘s mourning widow took to Instagram late Wednesday night to reveal to the world her utter disappointment with the powerful brand. It all stemmed…
“#Major sponsors back Naomi Osaka after French Open withdrawal” Naomi Osaka’s sponsors are standing by her. Sports apparel giant Nike, which signed a sponsorship deal with Osaka in 2019, commended the 23-year-old tennis star for opening up about her struggles with depression after she dropped out of the French Open. “Our thoughts are with Naomi….
“#Resale market for Air Jordans, sneakers booming since COVID” Danny Hasbani has been selling sneakers since he was 14, but during the pandemic, the 18-year-old Little Falls, NJ, resident saw his profits skyrocket: He said he made more than $1 million in sales in 2020, about triple from the year before. “It was a lot…
“#First Yeezy sneakers ever worn by Kanye West sell for record $1.8M” You may be hot to trot, but do your kicks have a high price to match? The first Yeezy sneakers that Kanye West wore have traded hands, and feet, for a whopping $1.8 million in a Sotheby’s private sale, reports CNN. That makes…
“#Simone Biles leaves Nike for Gap’s Athleta brand” Four-time Olympic gymnastics champion Simone Biles has signed up with Gap’s Athleta brand for a new apparel partnership, ending an almost six-year deal with Nike. The 24-year-old Biles, already the most decorated gymnast in world championship history, said in an Instagram post Friday that she wanted to partner with a brand…
“#Nike says deal’s been struck to recall Lil Nas X’s ‘Satan Shoes’” Nike said Thursday the Brooklyn company that made “Satan Shoes” in collaboration with rapper Lil Nas X has agreed to voluntarily recall the shoes, as part of a legal settlement with the athletics giant. The settlement with MSCHF Product Studio resolves a trademark infringement…
“#Lil Nas X reacts to ruling in Nike ‘Satan Shoes’ lawsuit” Lil Nas X thinks the haters of his “Satan Shoes” can go straight to hell. The “Old Town Road” artist condemned the backlash against the controversial kicks as a federal court sided with Nike in a court battle over the Satanic collaboration. Lil Nas…
“#’Satan Shoes’ delivery has New York sneakerhead in heaven” Buyers of the notoriously hell-themed “Satan shoes” are now in heaven. Following a Brooklyn federal judge’s Thursday ruling that sided with Nike, granting the company’s request to block the Brooklyn based agency MSCHF from distributing its demonic sneaker collaboration with rapper Lil Nas X – the…