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Under Armour clothing is seen for sale in a store in Manhattan, New York, on February 7, 2022. - Andrew Kelly/Reuters The 15-year sponsorship deal, signed in 2016, was the largest in the history ...
Nike, Inc (NYSE: NKE) asked a federal judge to let it add counterfeiting claims and false advertising to the current trademark-infringement lawsuit against sneaker marketplace StockX, Bloomberg ...
NIKE, Inc. (NYSE: NKE) Class Period: March 19, 2021 - March 21, 2024. Lead Plaintiff Deadline: August 19, 2024. The Class Period begins on March 19, 2021, in connection with NIKE’s announcement of its financial results for the third quarter of fiscal year 2021, and related investor earnings call.
After a decade of activism, Indonesian Nike supplier PT Nikomas Gemiland repaid 4437 production workers for 600,000 hours of forced unpaid labor. [ 4 ] In September 2018, Nike and Keady were in the news again over a controversial ad campaign with Colin Kaepernick, famed football player and social justice protester.
Nike's usage of sweatshops originates to the 1970's. However, it wasn't until 1991, when a report by Jeff Ballinger was published detailing their insufficient payment of workers and the poor conditions in their Indonesian factories, that these sweatshops came under the media and human rights scrutiny that continues to today. [3]
All 666 pairs of the rapper’s Satan Shoes, listed at $1,018, sold out in under a minute. “People already demonize who I am,” Lil Nas X said in a new interview with Complex. “I’m gonna ...
In 2017, Nike released the Nike Zoom Vaporfly Elite shoe, [1] which was advertised as "ultra-lightweight, soft and capable of providing up to 85-percent energy return." These " super shoes " became the focus of claims that they were a form of technology doping and that they provided athletes an unfair advantage.
Nike announced Thursday that it has settled its lawsuit against MSCHF, the company that collaborated with Lil Nas X to produce the controversial "Satan Shoes." MSCHF will issue a voluntary recall ...