Victor Wembanyama’s New Nike Prototype Shoe Looks … *Clears Throat* … Absolutely Garbage
Nike, I love you but you need to rethink your plan on this one. NBA Superstars Victor Wembanyama He is currently preparing for the 2024 Paris Olympics, where he will represent his native France, before moving on to prepare for his second season in the league with the San Antonio Spurs in 2024-25. But before […]
Victor Wembanyama’s new Nike shoes look like something an actual alien would wear
Victor Ouenbayama’s summer is about to begin. The 20-year-old prodigy will represent his native France and be one of the faces of the 2024 Paris Olympics. France just won the silver medal in men’s basketball at the last Tokyo Olympics, but the addition of the 7’5″ super freak will raise expectations even higher. After the […]
Odell Beckham Jr., Nike declare victory as $20 million lawsuit duel ends
Odell Beckham Jr. may have declared victory, but he’ll have nothing to show for it. The star wide receiver sued Nike for $20 million in 2022 for breach of contract, but was countersued by the sports apparel giant. On Thursday, a jury in Multnomah County Circuit Court in Oregon found that neither side breached contract […]
‘After I Criticized China and Nike, My Career Was Over’
Enes Kanter Freedom worked hard his whole life honing his basketball skills, achieved stardom in the NBA, only to have it all stripped away for his staunch defense of human rights. But the NBA didn’t exclude the 6’10” Swiss-born central figure of Turkish descent for condemning human rights violations in Turkey. The only time they […]
Jaylen Brown says Nike criticism cost him spot on USA Basketball roster
A few weeks before the Paris Olympics, the NBA men’s basketball team was shocked with the news that Kawhi Leonard would be stepping down from the sport in the offseason to focus on the Clippers. The team would lose one of its best defensive players and in need of a replacement, the team announced that […]
FACT CHECK: No, Harrison Butker Did Not Reject Nike Endorsement Offer
A post shared on Facebook claims Kansas City Chiefs kicker Harrison Butker rejected a Nike endorsement deal. Verdict: False There is no evidence for this claim. It originates from a satirical Facebook page. Fact Check: Nike is expected to have a drop in sales as shares dropped 20%, according to Reuters. Meanwhile, analysts predict that […]
Trump, Biden debate fallout, Nike crushed, Walgreens store closings
Barron’s Roundtable panelists discuss the market impact of the CNN presidential debate, the upcoming June jobs report, and the decline of green energy stocks. Investors continue to digest the Trump-Biden dispute as the future of the White House hangs in the balance. The stock market ended a mixed quarter, but big tech stocks continue to […]
Nike Shares Crash 19% As Customers Swoosh Away To Competitors
Nike shares plummeted on Friday after the company reported quarterly results that beat profit expectations but warned of weak sales amid weak consumer demand for the brand’s shoes in North America and China. Sales were down 2% year over year, with direct-to-consumer sales down 8%, and the company appears to be losing market share to […]
Nike plans affordable shoe line after shares fall following dismal sales prediction
Sportswear giant Nike said Friday it will start selling sneakers for under $100 after its shares plummeted following dismal sales forecasts. The company announced new plans to boost profits after telling analysts in its quarterly earnings report on Thursday that revenue will likely decline in fiscal 2025. The forecast of an unexpected mid-single-digit decline in […]
Supreme Court rejects Michael Avenatti appeal as Nike extortion conviction stands
The Supreme Court on Tuesday rejected Michael Avenatti’s appeal and upheld his conviction for trying to extort $25 million from Nike. “The petition for writ of certiorari is denied,” the Supreme Court’s order said, without providing any details other than that Justice Brett Kavanaugh did not participate in the deliberations or decision. Avenatti was the […]