Nike Inc. (NKE) held its 34th Annual General Meeting yesterday, in which the company's Chief Executive Officer (CEO) Mark Parker shed light on what investors could expect from the sports apparel giant in the coming weeks.
Two days ago, Nike Inc (NKE) unveiled a new pair of basketball shoes under the LeBron James collection. �The LeBron 12� was revealed at the company's headquarters in Beaverton, Oregon, and the basketball star himself was there to promote it.
The market is not sure what to make of Nike, Inc. (NKE), the sports-apparel and accessories giant. When the company reported stronger-than-expected results for the last quarter, it resulted in elevated investor confidence.
The global beverage and brewing company is not satisfied with the way the football league has handled the issue. The company said such behavior is against the very fundamentals of its corporate culture, moral and ethical code.
Since 1964, Nike (NYSE: NKE ) has steadily built a massive global empire in the sports apparel and footwear markets. Last fiscal year, for example, Nike became one of the latest components of the Dow Jones Industrial Average, grew revenue 10% to $27.8 ...