St Kilda New Balance advertisement, Nike shoes explained, players, Max King


The Saints couldn’t wait to show off their New Balance training gear after joining forces with the sports apparel brand on a three-year sponsorship deal.

Unfortunately all anyone was talking about was Nike.

Footy fans couldn’t help but notice the footwear worn by players Max King and Hunter Clark in a pair of Instagram posts sent out by St Kilda on Friday.

While promoting the partnership with New Balance, both footballers had familiar ticks on the side of their sneakers in an awkward intrusion to the new venture.

But apparently there was no other option.

After a steady stream of comments questioning why the players were wearing Nikes in a New Balance promotion, the Saints responded: “Our players have shoe/boot partnerships independent of the club.”

That either shows the Saints were unable to find a single marketable player without a shoe sponsorship or the absolute power Nike has if it insisted King and Clark were in its sneakers.

Either way, it feels like a loss for New Balance.



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AFL news: St Kilda New Balance advertisement, Nike shoes explained, players, Max King


The Saints couldn’t wait to show off their New Balance training gear after joining forces with the sports apparel brand on a three-year sponsorship deal.

Unfortunately all anyone was talking about was Nike.

Footy fans couldn’t help but notice the footwear worn by players Max King and Hunter Clark in a pair of Instagram posts sent out by St Kilda on Friday.

While promoting the partnership with New Balance, both footballers had familiar ticks on the side of their sneakers in an awkward intrusion to the new venture.

Grand Final
Max King just did it.Source: Instagram



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Nike hikes dividend by 12% ahead of expected sales bounce


November 20, 2020

(Reuters) – Nike Inc <NKE.N> said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world’s largest sportswear maker in the midst of the COVID-19 pandemic.

Nike in September said it expects sales in the second half of its fiscal year ending May 2021 to be “up significantly”, as it bounces back from a slump earlier this year when retailers canceled orders and lockdowns kept people away from stores in key markets.

The company’s share price, up about 30% this year, has more than doubled since its March low as it slashed costs by cutting corporate jobs and targeted online investments.

A cash dividend of $0.275 per share on Nike’s outstanding class A and class B stock is payable on Dec. 29.

2020 marks Nike’s 19th consecutive year of increasing dividend payouts, after raising quarterly payments by 11% in 2019, and comes as many other companies either cut or pause shareholder returns due to the virus outbreak.

(Reporting by Uday Sampath in Bengaluru; Editing by Devika Syamnath)





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Supercar maker McLaren takes on Nike and Adidas by launching high-end sportswear range


McLaren Automotive and Castore sportswear debut exclusive new design-led, lightweight technical capsule collection.


McLaren Automotive

Supercar maker McLaren Automotive is to go head-to-head with Nike
NKE,
+1.79%

and Adidas
ADS,
-1.49%

by launching its first range of high-end sportswear.

While some fashionistas splash out as much as $2 million to own a piece of high-performance McLaren engineering, athletes will soon be able to spend a more conservative £295 ($380) to sport the marque on a quilted soft-shell jacket.

Read: American and Chinese buyers drive growth at supercar maker McLaren

Bonded seams, a sonic-welded construction and heat-transferred interior components are features you might expect on a vehicle, but these are components of its performance tops and outerwear.

McLaren said on Tuesday it had teamed up with Castore, a premium sportswear brand to debut the first “technical male sportswear collection.”

It said: “Each piece is ergonomically cut for ease of movement and comfort, and offers superior wicking, odor resistance, four-way stretch and a unique mesh construction which increases airflow, cooling and ventilation.” While some McLaren branded clothing does already exist, this is the first high-end sportswear, and the collection includes T-shirts selling for £65.

Read: New Supercars Fill the Field

It enters a highly competitive market dominated by U.S. firm Nike which sells athletic apparel, accessories and footwear. Germany’s Adidas, followed by Puma
PUM,
+0.07%
,
Under Armour
UAA,
+2.14%
,
Lululemon Athletica
LULU,
+3.68%
,
and Columbia
COLM,
+5.98%

are all big players.

It isn’t the first time a luxury-car brand has sought to diversify into fashion.

In 2002 Aston Martin
AML,
-1.84%
,
which at that time was owned by Ford, produced silver handcuff key rings, leather underwear and a ‘handcuff buckle’ belt to sharpen its image.

But the venture wasn’t well received and its suede boxer shorts were taken down, along with other racy items, after objections from the Ford family.

Formula One team Ferrari
RACE,
+7.00%

also produces a range of sports kits, eyewear, watches, and jackets.

Tesla
TSLA,
+5.84%

also has merchandise.



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Tennis inspired by Day of the Dead? This is the new Nike collection


The models refer to two elements present in Mexican offerings: papel picado and marigold flowers.


2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


This story originally appeared on México Desconocido

  • According to Nike, the models are inspired by the constant colors in the offerings that are placed throughout Mexico.

With diverse opinions through social networks, Nike launched its new collection “Día de Muertos” , which is made up of four tennis models with coloring that refers to the Mexican party.

According to Nike, the models are inspired by the constant colors in the offerings that are placed throughout Mexico. Specifically, they refer to two elements present in the offerings: the papel picado and the marigold flowers . Likewise, they have inscribed the phrase “For my family”, referring to the family unit that surrounds this tradition, which goes beyond closeness in life.

The models are as follows:

  • Nike air jordan 1
  • Nike air max 90
  • Dbreak –Type
  • Nike Blazer Mid ’77

Air Max 90. Image: via Nike .

According to Nike, the four models will reach a large number of countries with the intention of promoting Mexican culture. Today, October 8, images of the tennis shoes were made available to the public through its platform. However, the official launch is October 15, the date on which they will begin to be stocked in department stores and can be purchased online.

The Day of the Dead is a Mexican tradition of pre-Hispanic origin. The main holidays are November 1 and 2. However, lately the preparations start many weeks before and the beauty and complexity of this celebration has attracted the attention of the whole world. In fact, UNESCO named it Intangible Heritage of Humanity in 2008.



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Football Federation Australia, Nike to to make Matildas’ away kit available to fans in women’s sizes



Football Federation Australia (FFA) and Nike say they have “listened to fans” after announcing the Matildas’ replica away kit will be available to purchase in women’s sizes next year.

Fans vented their anger on Twitter last Friday when a tweet from the Matildas’ account said the away kit, which is manufactured by Nike, would not be available to the public in female sizing until 2022.

But the FFA confirmed on Wednesday afternoon the green away jersey would be sold in a women’s “silhouette” following the public backlash.

“FFA, together with Nike, have listened to fans and consumers and as a result the away kit will be available for purchase early in the new year,” an FFA statement read.

FFA said the initial unavailability of the away kit in women’s sizes “was not consistent with the values which FFA seeks to uphold and promote”.

“FFA acknowledges this, and will place added emphasis on ensuring that future processes are aligned with the organisation’s broader vision and mission for the sport.”

Nike also released a statement on Wednesday, saying the decision was made “after listening to consumers and fans”.

The Matildas’ yellow home kit was made available to purchase in women’s sizes last week.

The decision to sell the away kit from next year was welcomed by prominent football figures and fans.

Retired Matildas vice-captain and former FIFA executive committee member, Moya Dodd, applauded the move from FFA and Nike to listen to “outraged” supporters.

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The Matildas’ announcement last Friday that the away kit would not be available in women’s sizes until 2022 prompted dozens of irate replies from fans on Twitter who wanted the issue rectified as soon as possible.

Among those unhappy with the decision was Matildas player Elise Kellond-Knight, who wrote on Twitter the lack of women’s sizes was “a fairly significant problem”.

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Another person who took issue with the oversight was London-based neuropsychologist Bonnie-Kate Dewar who said not being able to buy a women’s kit for Australia’s “most-loved team” was “not acceptable”.

“I’m tired of my soccer-mad daughter seeing that it’s all about the men’s teams [and] that the women have to wait,” she wrote.

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A Matildas post on Twitter on Saturday said the FFA understood and acknowledged the frustration of fans and would consult with Nike to address the issue.



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A Nike warehouse reportedly denied a Tennessee health official access to its facility after a worker died of COVID-19


  • A Shelby County Tennesee health official was denied entry to a Memphis Nike warehouse where a worker had died from COVID-19 days earlier, according to ProPublica.
  • When a Nike employee called the health official by phone the following day and said Nike had made changes to enforce social distancing, the health official concluded her investigation.
  • A Nike spokesperson told ProPublica that the security guard, who worked for a third-party company, should have let the official into the facility.
  • Visit Business Insider’s homepage for more stories.

A Nike warehouse in Memphis, Tennessee, refused to allow a public health worker into the facility after a temporary worker at the facility died from COVID-19, ProPublica reported Saturday.

According to the report, an environmentalist from Shelby County Tennessee was denied entry by a third-party security guard at a Nike warehouse in Memphis on April 16, according to the report. The official was told she was not able to enter the facility without an appointment.

Five days prior to her April 16 visit, Nike learned that a temporary worker employed by Adecco at a facility on Shelby Drive had died from COVID-19. The environmentalist’s visit to the facility was sparked by a complaint that Nike was not cleaning properly or allowing workers to practice social distancing, according to the report. The environmentalist was told she could not enter the facility without an appointment.

According to ProPublica, the environmentalist received a call the following day from a Nike employee who said the company had installed markers at the facility to enforce social distancing and that the facility was closed each Tuesday for cleaning.

No one from the Shelby County office visited the warehouse again to verify that the changes had been made, and the environmentalist who had been denied entry on April 16 “felt at that time there was nothing else that needed to be done,” Kasia Alexander, environmental health administrator for the department, told ProPublica.

Bruce Randolph, the Shelby County health director told the outlet that the agency has the authority to use local police to gain access to a facility, though it did not do so. From March 26 to May 12, the agency received 201 complaints among various businesses in the county. The Nike facility was the only facility that had turned a county inspector away, according to the report.

“We don’t just automatically get law enforcement involved simply because the first time we show up, some security and management person refuses to allow us access,” he said.

A Nike spokesperson told the outlet the company had expanded social distancing in doorways, breakrooms, on the warehouse floor, and other areas from 3 feet to 6 feet at the beginning of April. The company said it uses plexiglass to separate workstations and placed markings on tables to tell workers where to sit to maintain an appropriate distance. It is also checking the temperatures of workers and visitors, according to the report.

Willie Gregory, Nike’s director of global community impact, told ProPublica that the health department should have been let into the facility.

“If you’re doing the right thing, you should give admittance to those people,” Gregory said.

According to ProPublica, at least 21 workers at Nike’s five Memphis warehouse and distribution centre locations have tested positive for COVID-19 as of May 18.

Neither Nike nor the Shelby County Health Department returned a Business Insider request for comment on Saturday.

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Michael Jordan Nike sneakers reach record price at auction


A pair of Michael Jordan’s game-worn sneakers sold for $860,000 ($US615k), Christie’s auction house has announced in a sale that’s shattered the previous NBA sneaker merchandise price set earlier this year.

The sneakers were a pair of Air Jordan 1 Highs that the NBA megastar wore during a 1985 exhibition match in Italy when he dunked the ball so hard it shattered the glass backboard.

“This is the original shoe with an actual piece of the backboard, a piece of glass, in the sole of the shoe,” said Caitlin Donovan, head of handbag and sneaker sales at Christie’s — which organised the auction with Stadium Goods.

The shoes were described by merchandise experts as the “rarest of rare”.

Jordan racked up 30 points while wearing the size 13.5 shoes, which are in the red and black colours of his Chicago Bulls team.

Though the sale broke the record set in May when a pair of Air Jordan 1’s sold for $US560,000, the new auction landed below the range of more than $1.1 million experts predicted at the start of the auction.

It was just one of several items to be sold for more than $100k. Among the highest profile merchandise sales were a pair of the Air Jordan 7 “Olympic” shoes worn by the Bulls legend during his 1992 gold medal-winning campaign with the US Dream Team at the Barcelona Games, selling for more than $150,000.

A pair of Nike baseball cleats used by Jordan during his brief cameo with the Chicago White Sox in 1994 also went under the hammer, selling for more than $12,000.

The record setting sales highlight the soaring market value of objects identified with the retired basketball superstar since the release of “The Last Dance,” an ESPN/Netflix documentary that chronicles the saga of Jordan and his Chicago Bulls.

The sale also confirms that the lowly sneaker now has a place of pride in the world of wealthy collectors alongside more traditional collectibles.

Upon its release 35 years ago, sneaker connoisseur Bobbito Garcia described the Air Jordan design as “garbage”, but it quickly became a cultural phenomenon.

In episode five of The Last Dance, Jordan’s former agent David Falk spoke about the early success of the brand during the 1980s.

“Nike had just come out with this new technology for their running shoes called ‘air soles’, and obviously Michael played in the air. So it got called Air Jordans,” Falk said.

“Nike’s expectation when we signed the deal was at the end of year four, they hoped to sell $3 million worth of Air Jordans. In year one, we sold $126 million.”

It was revealed in the popular documentary earlier this year that Jordan’s iconic partnership with Nike almost never eventuated.

At the end of the last financial year the famed Jordan Brand, under the Nike umbrella, was worth $3.14 billion, up 10 per cent from the year prior, according to Forbes.

But the biggest shoe deal on the planet almost never eventuated with Jordan not even wanting to meet with Nike ahead of his NBA career getting underway.

Back in 1984 Converse was the shoe of choice for NBA stars, the brand boasting Celtics icon Larry Bird and LA Lakers pin-up Magic Johnson among a host of others on their books. And as Jordan recalls, it was one meeting with the company that persuaded arguably the game’s greatest player to look elsewhere.

“Converse had big players and told me, ‘We cannot envision you being put ahead of them’,” Jordan says on The Last Dance.

It was to prove a costly mistake.

Jordan’s agent David Falk and his firm, ProServ, had a host of high-profile tennis players and it was Falk’s vision to treat Jordan the same way.

Nike executive Howard White said the company blew rival sneaker companies out of the water with a gamble worth $250,000 on an unproven Jordan.

It ended up being the best money Nike ever spent.



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Nike Says “Don’t Do It” On Racism


Nike has taken a stand against racism with a “Don’t do it” campaign, a twist on its famous catch phrase, as protests against police brutality spread across the United States.

“For once, Don’t Do It… Don’t pretend there’s not a problem in America,” the US sports apparel giant said in a video posted to Twitter late Friday.

The message came as protesters across the United States took to the streets against the treatment of George Floyd, an African American who died in the hands of police in Minneapolis earlier this week.

In a rare sign of solidarity, competitor Adidas retweeted the video, with a message stating: “Together is how we move forward. Together is how we make change.”

Floyd’s death on Monday was captured in a horrifying cellphone video now seen around the world, in which a white police officer pressed his knee on Floyd’s neck for nearly nine minutes until well after he went motionless, while three other officers stood by.

“Don’t turn your back on racism. Don’t accept innocent lives being taken from us. Don’t make any more excuses. Don’t think this doesn’t affect you,” Nike said in the video, in which white words appear across a black background.

The campaign hardly marks the first time Nike, whose “Just Do It” slogan is known worldwide, has waded into US social justice issues.

In September 2018, Nike made waves when it released an advertising campaign featuring US football player and activist Colin Kaepernick, criticized for kneeling during the US national anthem at games in protest at racism.





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