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Nike founder and chairman Phil Knight to step down in 2016

Last Updated: Wednesday, July 1, 2015, 05:12

Nike on Tuesday announced that its chairman, Phil Knight, will step down as chairman in 2016 with the company chief executive Mike Parker as the successor.

Biogen, Nike lift US stocks; Nasdaq above 5,000

Last Updated: Friday, March 20, 2015, 21:06

US stocks rose in early trade Friday, lifted by a strong Nike earnings report and promising clinical results from Biogen on a medication to treat Alzheimer`s Disease.

LG smartwatches to be called G Arch and G Health

Last Updated: Thursday, December 26, 2013, 19:09

According to several reports coming out of Korea and Japan, the Korean smartphone maker may even come out with a health-tracking and fitness wristband, to be termed as the <b>G Health</b>.

Kanye West joins hands with Adidas

Last Updated: Wednesday, November 27, 2013, 08:21

Rapper Kanye West has ended his deal with sportswear brand Nike and tied up with rival company Adidas to "provide for his family".

Nike launches new limited overs uniform for Team India

Last Updated: Wednesday, September 18, 2013, 21:20

Sportswear firm Nike, the official kit sponsor of the Indian cricket team, has launched new uniform for the India-Australia limited over series next month.

Rooney cleared of Nike `Twitter plug` by advertising body

Last Updated: Wednesday, September 4, 2013, 18:01

The Advertising Standards Authority has cleared Manchester United`s Wayne Rooney of a Twitter plug after they found that a tweet posted for Nike`s marketing campaign did not break advertising rules.

Kohli-Nike case: Karnataka HC orders status quo

Last Updated: Tuesday, August 20, 2013, 22:07

The Karnataka High Court on Tuesday ordered issuance of emergent notice to cricketer Virat Kohli on a suit filed by sports giant Nike accusing him of breach of an endorsement contract with it.

Nike laying off workers to avoid criticism over factory working conditions: Report

Last Updated: Sunday, June 30, 2013, 17:10

However, the move by the American sportswear giant could even be to cut down on criticism over the way it treats its workers.

Woods set to sign new Nike deal bigger than McIlroy`s 10 mln pound-contract

Last Updated: Tuesday, June 4, 2013, 13:44

World No. 1 Tiger Woods is set to sign a new deal with Nike, which will be worth more than Rory McIlroy`s 10 million pounds-a-year contract.

Nike pulls `Boston Massacre` t-shirts after marathon blasts

Last Updated: Tuesday, April 23, 2013, 12:51

A line of T-shirts emblazoned with the slogan `Boston Massacre` in bloodied writing has been pulled by Nike in the wake of the Boston bombings.

Man U meets Nike officials to plot sensational £65m Ronaldo swoop

Last Updated: Saturday, March 9, 2013, 18:48

Manchester United has met Nike officials to plot a sensational 65 million pound worth swoop for their player Cristiano Ronaldo, who plays for Spanish champions Real Madrid.

Steenkamp murder case: Nike suspends contract with Oscar Pistorius

Last Updated: Thursday, February 21, 2013, 17:49

Nike has suspended its contract with Oscar Pistorius, the double-amputee runner from South Africa who is facing a charge of premeditated murder in the Valentine`s Day slaying of his girlfriend.