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NASDAQ, S&P 500 react to Trump tariffs: Apple, Nike, Nvidia tank after-hours

Donald Trump's tariff announcement triggered significant after-hours trading reactions

Donald Trump unveiled his tariff plan on Wednesday(AFP)
Published on Apr 03, 2025 04:08 AM IST
Edited by Yash Nitish Bajaj

Puma to cut 500 jobs worldwide and shut unprofitable stores over weak US demand

This comes right after the German sportswear maker posted disappointing quarterly and annual forecasts a day before, resulting in its shares slumping 23%.

A Puma Speedcat OG sneaker is displayed at a store in Paris, France, January 24, 2025.(Benoit Tessier/Reuters)
Published on Mar 13, 2025 02:10 PM IST

Best Nike sneakers under 5000: Style and comfort on a budget

Finding stylish and comfortable sneakers on a budget is easy with Nike. These picks bring quality, durability, and trendy designs for workouts or daily wear.

Step into comfort and style with the best Nike sneakers under <span class='webrupee'>₹</span>5000. Affordable, trendy, and built for all-day wear.
Published on Mar 10, 2025 03:16 PM IST

Nike partners with Kim Kardashian, hopes to replicate success of Jordan shoes

Nike has announced a partnership with Kim Kardashian's Skims, creating NikeSkims. It is a long-term deal, but the companies haven't revealed the details yet.

Kim Kardashian attends SNL50: The Anniversary Special on February 16, 2025 in New York City.( Arturo Holmes/Getty Images/AFP)
Published on Feb 24, 2025 04:16 PM IST

Nike X Skims: Kim K breaks into activewear with big new collab, what's in store?

The Nike X Skims collab, currently loading, has all the aesthetic-adhering fitness girlies screaming. This could just be the beginning of a new era

Kim Kardashian officially announces the Nike X Skims line: Will this be as pop culture-defining as the mother brand?(Photos: Instagra,/kimkardashian)
Published on Feb 19, 2025 05:34 PM IST

Nike and Adidas are losing their lead in running shoes

On, Hoka and other challengers are catching up fast

The global sportswear industry has long been dominated by two companies: Nike and Adidas(Pexels)
Published on Nov 20, 2024 08:00 AM IST
The Economist

Asics, Converse and sneaker tech, as premium Audio Technica earbuds make a mark

ASICS Gel Kayano 31: This is, by far and away, a sneaker line that has withstood not just the test of time, but has crucially evolved along the way.

Asics_Gel_Kayano_31
Published on Oct 10, 2024 07:15 AM IST

Elliott Hill to become CEO of Nike, where he once ‘begged’ to be hired as intern

Elliott Hill will take over as the new CEO of Nike on October 14, replacing John Donahoe as top boss of the global sneaker and sportswear brand.

Elliott Hill is a Nike veteran with over three decades of experience
Updated on Sep 20, 2024 01:37 PM IST

Humans of Olympics: Innovation leaders' AI-driven designs and athlete mix-up

Nike's John Hoke and Martin Lotti guide influencers at Art of Victory exhibit at Centre Pompidou, discussing Air technology and future innovations.

Nike chief shares insights and future designs at Art of Victory Exhibit in Paris.(Shrenik Avlani)
Published on Aug 16, 2024 05:46 PM IST

Nike's layoffs extend to Converse as company implements cost-cutting plan

Nike's cost-cutting plan leads to job cuts at Converse, impacting over 700 employees at Oregon headquarter.

Paris 2024 Olympics - Nike Olympics Products Launch - Paris, France - April 11, 2024 The Nike Alphafly 3 running shoe is displayed during the launch REUTERS/Stephanie Lecocq(REUTERS)
Published on May 15, 2024 11:07 AM IST
Bloomberg | | Posted by Tuhin Das Mahapatra

Caitlin Clark is set to sign Nike for $28 million, inking 8 year

Nike reportedly negotiating 8-year, $28 million Partnership with Indiana Fever's Caitlin Clark.

Indiana Fever's Caitlin Clark speaks during a WNBA basketball news conference, Wednesday, April 17, 2024, in Indianapolis. (AP Photo/Darron Cummings)(AP)
Updated on Apr 24, 2024 01:14 PM IST

Nike nears eight-figure deal with basketball sensation Caitlin Clark

Nike Inc. is in talks with Caitlin Clark for an endorsement deal ahead of WNBA debut.

Indiana Fever's Caitlin Clark, middle, poses with general manager Lin Dunn, left, and head coach Christie Sides following a WNBA basketball news conference. (AP Photo/Darron Cummings)(AP)
Updated on Apr 19, 2024 03:17 AM IST
Bloomberg | | Posted by Tuhin Das Mahapatra

Tiger Woods announces end of longtime partnership with Nike

Woods signed multiple deals with Nike over his remarkable career, most recently a 10-year pact in 2013 that was worth a reported $200 million.

Tiger Woods had been a brand ambassador for Nike since 1996(Getty Images)
Updated on Jan 08, 2024 10:53 PM IST
Reuters |

Layoffs 2023: Nike to cut hundreds of jobs in December

Nike recently said in a statement that the company is cutting hundreds of jobs in December 2023, just as recession fears had begun to cool down.

Nike is planning to lay off hundreds of employees before 2024 starts.
Published on Dec 25, 2023 03:59 PM IST
ByVaishnawi Sinha

Rare Nike shoes created for Spike Lee found in donation bin, now up for auction

The current bid for the rare Nike shoes stands at $7,000, and the auction for this lot will close on December 18.

Rare Nike Air Jordan 3 shoes worn by Spike Lee at the 2019 Academy Awards.( Sotheby’s)
Published on Dec 15, 2023 03:04 PM IST

What is Nike's 'Flyknit' tech that Skechers, New Balance are accused of copying?

Nike has filed federal lawsuits against New Balance and Skechers, accusing them of infringing on its patented 'Flyknit' technology used in athletic shoes.

Nike Flyknit running shoe.(Nike)
Published on Nov 08, 2023 06:16 PM IST

Canada watchdog probes Nike, gold mining company over Uighur forced labour claims

The decision to launch the investigation was taken after the completion of initial assessment reports into the two companies. These reports related to two of 13 admissible complaints about the overseas operations of Canadian companies

A Canadian flag flies in front of the Peace Tower on Parliament Hill in Ottawa, Ontario. (REUTERS)
Updated on Jul 12, 2023 11:01 AM IST

Nike and Fortnite team up for an unforgettable collaboration, tweet suggests

Discover the highly anticipated collaboration between Nike and Fortnite, as these iconic brands join forces to bring you a unique gaming experience.

Epic partnership sparks excitement among fans. (Image Credit: Epic Games)
Published on Jun 18, 2023 05:00 PM IST

Air review: Ben Affleck scores high in superbly crafted sports drama

Air review: Set in 1984, the film dramatizes the story of how Nike executive Sonny Vaccaro (Matt Damon) sealed a game-changing deal with Michael Jordan.

Matt Damon and Viola Davis in a still from Air.
Published on May 10, 2023 02:24 PM IST

Kevin Durant inks lifetime deal with Nike, 3rd NBA player after Jordan and James

The Phoenix Suns star shared the news about the deal in a post on Boardroom, the media outlet he co-founded.

Kevin Durant #35 of the Phoenix Suns (AFP)
Published on Apr 29, 2023 08:25 AM IST
ByAdarsh Kumar Gupta

Spanish athlete with '76% disability' finishes marathon

Alex Roca, an athlete from Spain finished a marathon. His inspiration and will has motivated a lot of people.

Spanish athlete with disability finishes a marathon.(Instagram/@alexroca91)
Published on Mar 22, 2023 12:30 PM IST
ByVrinda Jain

This ‘toothbrush’ in Tiffany x Nike collab sparked chatter online. Here's why

Many confused the shoe brush with the toothbrush because of its appearance.

Nike x Tiffany collab features this shoe brush that has sparked a debate among people. (Instagram/@tiffanyandco)
Published on Feb 03, 2023 07:25 PM IST

Woman prints resume out on a cake and sends it to Nike. See viral LinkedIn post

To differentiate herself from other applicants, a woman from North Carolina printed her resume on a cake and sent it to Nike. This divided LinkedIn.

This is the cake that was sent by the woman as her resume to Nike. (LinkedIn/Karly Pavlinac Blackburn)
Updated on Sep 26, 2022 12:28 PM IST
BySohini Sengupta

Nike to end run club app in China; to offer 'localised solution'

The U.S. sportswear brand made the announcement to its mainland China users through the app on Wednesday morning and thanked them for their support.

People walk past a store of the sporting goods retailer Nike Inc at a shopping complex in Beijing, China (REUTERS)
Published on Jun 08, 2022 01:08 PM IST
Reuters |

Meet Matthew Walzer, the inspiration behind Nike’s hands-free shoes FlyEase

Matthew Walzer wrote to Nike back in 2012 hoping that the brand “will consider being the forerunner in producing athletic shoes that will make the difference in the quality of so many lives”.

The image shows Tobie Hatfield and Matthew Walzer.(Nike.com)
Published on Feb 02, 2021 08:43 PM IST
BySanya Budhiraja
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