Bloomberg
Nike Global Sales Rise, But Earnings Miss Mark
Sep.23 -- Nike Inc. posted first-quarter sales that missed Wall Street estimates as lockdown related production delays hobbled the company’s efforts to meet strong demand for shoes and athleticwear. Poonam Goyal of Bloomberg Intelligence...
AFP News Agency
CLEAN : Wikipedia creator's computer and NFT auctioned for almost $1 mn
An NFT memorializing Wikipedia founder Jimmy Wales's first edit on the online reference resource 20 years ago and the computer he used when programming the platform sold for a total of almost $1 million at auction Wednesday (Footage by...
Bloomberg
Best of Bloomberg Intelligence (03/18/2022)
Best of Bloomberg Intelligence delivers in-depth analysis and data sets on industries and companies, government, credit, litigation and economic factors. Catch it daily on Bloomberg Markets: The Close.
Bloomberg
What's Behind Foot Locker's Big Earnings Beat?
Aug.20 -- Foot Locker CEO Richard Johnson joins "Bloomberg Technology" to talk consumer trends in the apparel and footwear industry, new acquisitions and the supply chain issues impacting the sneaker ecosystem.
Bloomberg
Reid Hoffman on Diversifying Tech
Reid Hoffman, Co-Founder, LinkedIn and Partner, Greylock Partners discusses how tech leaders can promote inclusivity with Bloomberg’s Emily Chang at the Bloomberg Equality summit.
Bloomberg
Nike to Cut Jobs Amid Struggle Against Adidas
Jun.15 -- Â Nike Inc. is cutting about 2 percent of its workforce as the athletic brand revamps global operations, part of a bid to move faster and ward off competition from Adidas AG and Under Armour Inc. Bloomberg's Chen Grazutis has...
Bloomberg
Converse CEO Wants Company to Advance Culture and Be More Inclusive
Jun.30 -- Scott Uzzell, chief executive officer of Converse, talks about the push to become more diverse and how the sneaker maker is seeing a rise in demand. He speaks with Emily Chang on "Bloomberg Technology Boston: The Road to...
Bloomberg
StockX CEO Sees Scarce Products as Hot Commodity
Apr.08 -- StockX, a company that mimics the stock market selling scarce products such as sneakers, is looking to go public. Scott Cutler, CEO of StockX, speaks with Emily Chang on "Bloomberg Technology."
AFP News Agency
CLEAN : Michael Jordan's sneakers sell for $615,000, new record
A pair of Michael Jordan's game-worn sneakers sold for $615,000, Christie's auction house announced on Thursday, shattering a record set just months ago by the sale of another pair of the basketball legend's shoes (Footage by AFPTV via...
Bloomberg
The $10K Derek Jeter Sneakers
Sept. 25 -- Now everyone has heard about Derek Jeter's socks going for a reported $410 on Steiner Sports but the auction is more than just socks. Brandon Steiner, CEO of Steiner Sports, spoke with Pimm Fox about the other Derek Jeter...
Bloomberg
Adidas, Infineon Are Hit by Supply Chain Woes
Adidas AG and chipmaker Infineon Technologies AG are the latest firms to be hit by global supply chain woes. Lizzy Burden reports on "Bloomberg Surveillance Early Edition."
Bloomberg
Why Nike Is Handing the CEO Reins to EBay Veteran John Donahoe
Oct.22 -- Nike Inc. Chief Executive Officer Mark Parker will hand the reins to former EBay Inc. head John Donahoe next year, with the athletic brand looking to a tech veteran to maintain growth in the e-commerce era. Bloomberg...
Bloomberg
Nike Grapples With Competition as Sales Target Falls Flat
Oct.24 -- Increased competition, led by Adidas AG, has knocked Nike, the world’s largest sports brand, off course and muddied its outlook. Bloomberg's Matt Townsend has more on "Bloomberg Markets."
AFP News Agency
CLEAN : Michael Jordan's game-worn sneakers up for auction at Christie's
Christie's is auctioning off 11 pairs of NBA legend Michael Jordan's rarest game-worn sneakers (Footage by AFPTV via Getty Images)
AFP News Agency
CLEAN : Detroit boasts world's 1st sneaker exchange: StockX
Detroit remains synonymous with cars but Motor City is also home to a virtual marketplace for a much smaller consumer item: sneakers
Bloomberg
Ebay CEO on Third-Quarter, Seller Expansion, Gen-Z
Oct.29 -- EBay Inc. President and Chief Executive Officer Jamie Iannone discusses third-quarter results, merchandise authentication programs, and efforts to reach a younger consumer. He speaks on "Bloomberg Markets: The Close."
AFP News Agency
CLEAN : Sole searching: Rare sneakers on show in Melbourne
The "Mona Lisa of sneakers" went on display in Melbourne on Friday, with Michael Jordan's old high-tops and around 100 other rare shoes offering a glimpse into a lucrative market driven by die-hard "sneakerheads" and eager investors...
Bloomberg
StockX CEO on Nike Lawsuit, IPO Window
StockX CEO Scott Cutler speaks with Emily Chang about a new report from StockX on counterfeit goods, Nike's lawsuit, and the role of NFT's in StockX business.
Bloomberg
La zapatilla Nike inspirada en un edificio de París
Apr.23-- Behind de Design es una serie de videos simples y concisos sobre el diseño de objetos de uso diario que no valoramos. Este episodio cuenta la historia de cómo una arquitectura radical le dio una idea al diseñador de las...
Bloomberg
China’s Sneakerheads Chase 6,600% Returns Flipping Air Jordans
Oct.22 -- One of the hottest commodities in China right now is a pair of sneakers. The SoleFly x Air Jordan 1 in black patent leather rocketed in value by 6,600% to a high of 75,999 yuan ($10,730) on the online marketplace Nice after its...
Bloomberg
What to Look for in Nike's Earnings Report
Jun.28 -- On today's "The Numbers Don't Lie," Bloomberg's Julia Chatterley takes a look at Nike Inc. ahead of earnings. She speaks on "What'd You Miss?"
Bloomberg
Why Adidas Is Crushing the Competition
Aug.03 -- A week after raising its full-year forecasts, Adidas AG showed how increased followings in North America and China are helping it sprint clear of the sporting-goods field. Bloomberg Intelligence's Chen Grazutis has more on...
Bloomberg
FBI, NCAA and the Line Between Deals and Bribes
Sep.27 -- An FBI investigation has revealed the flow of money from corporations to NCAA basketball players. Bloomberg View columnist Joe Nocera and Bloomberg's Eben Novy-Williams report on "Bloomberg Daybreak: Americas." (Nocera is a...
Bloomberg
FDRA President Says No Response Yet From Trump on Plea to Drop Tariffs
May.21 -- Matt Priest, Footwear Distributors & Retailers of America president and chief executive officer, discusses the letter sent to President Donald Trump by footwear manufacturers that asks him to reconsider tariffs on shoes made by...