Tag #Nike

Showing 1 to 12 of 19 results

elpais.com
🌐 85% Global Worthiness
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Knights Donate $2 Billion to Oregon Health & Science University

Phil and Penny Knight donated $2 billion to Oregon Health & Science University's Knight Cancer Institute, the largest individual university donation in US history, to double its size and enhance cancer research and treatment, exceeding Michael Bloomberg's 2018 $1.8 billion donation to Johns Hopkins.

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32% Bias Score

Good Health and Well-being
es.euronews.com
🌐 75% Global Worthiness
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Nike Reports Steep Revenue and Profit Decline Amidst Tariff Challenges

Nike reported a significant financial downturn in fiscal year 2025, with a 10% revenue decrease to $46.3 billion and a 44% drop in net income, primarily due to increased tariffs on US imports from China, prompting a strategic shift in manufacturing.

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32% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Nike to Shift Production from China Due to Trump Tariffs

Nike projects a \$1 billion cost increase due to President Trump's tariffs and plans to reduce its reliance on Chinese manufacturing to a high single-digit percentage range by 2026, following a recent price hike on some US products and despite exceeding analysts' expectations for its last quarter.

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36% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Nike Shows Signs of Recovery, Stock Surges 11%

Nike reported a net income of \$3.219 billion for its fiscal year ending May 2024, despite a 10% revenue decline, marking a significant improvement and positive investor reaction; the company's CEO attributes the recovery to improved retail partnerships and product development.

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44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Kipyegon Aims for Sub-Four-Minute Mile with Nike's Innovative Technology

Three-time Olympic champion Faith Kipyegon will attempt to break the four-minute mile barrier on June 26th in Paris, aided by Nike's custom-designed footwear (Nike Victory Elite FK) and apparel featuring aeronodes for improved aerodynamics.

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24% Bias Score

bbc.com
🌐 75% Global Worthiness
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Nike to Raise Prices on Select Products Starting June 1st

Nike will raise prices on select shoes and apparel from June 1st due to seasonal planning, impacting products over $100 by up to $10, while simultaneously returning to sales on Amazon after a six-year hiatus.

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40% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Major Sportswear Brands Struggle Amidst Fitness Boom

Major sportswear brands like Nike and Puma are experiencing stock market declines due to decreased sales and profit margins in a post-pandemic market, despite a surge in global fitness; Adidas is an exception due to product innovation and disciplined management.

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56% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Nike Faces $1 Billion Tariff Hit, Plans Price Increases

Nike projects a $1 billion cost increase from US tariffs, prompting price hikes in the US and production diversification away from China amid a 12% revenue drop in the last quarter.

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52% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 75% Global Worthiness
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Nike Reports Sharp Revenue Decline Amidst Tariff Uncertainty

Nike reported a 10% revenue drop to \$46.3 billion and a 44% net income fall to \$3.2 billion in fiscal year 2025, driven by geopolitical instability and 55% tariffs on US imports from China, which the company plans to mitigate by shifting production elsewhere, incurring an estimated \$1 billion cos...

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28% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 90% Global Worthiness
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Kipyegon Aims for Sub-Four-Minute Mile

Kenyan athlete Faith Kipyegon will attempt to break the four-minute mile barrier for women on June 26th in Paris, using a Nike aerodynamic suit and male pacemakers to overcome physiological limitations and inspire future generations.

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68% Bias Score

Gender Equality
forbes.com
🌐 85% Global Worthiness
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Trump's Tariffs Hike Sneaker Prices, Impacting Nike and Resale Market

Trump's tariffs on imported footwear are significantly increasing sneaker prices, impacting major brands like Nike, which faces up to \$3 billion in additional annual taxes and has implemented price hikes; the global resale market, estimated at \$10.6 billion in 2022, is also affected.

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40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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US Tariffs Expected to Raise Nike Shoe Prices by 10-15%

The US tariffs on goods from Vietnam, Indonesia, and China, where Nike manufactures nearly all of its shoes, are projected to raise Nike's prices by 10-15%, according to analysts. The extent of price increase depends on tariff duration and Nike's evaluation of consumer reaction.

Progress

40% Bias Score

Responsible Consumption and Production

Showing 1 to 12 of 19 results