Nike shares surge as online sales increased by 82%

The FINANCIAL — On Tuesday Nike shares soared by 13 percent in extended trading as the company reported an 82 percent increase in online sales. The company offered up an outlook that calls for demand to grow through the holidays. This is…

7 mins read

Nike’s chief diversity to be replaced by Tesla’s former executive

The FINANCIAL — Nike’s first-ever chief diversity and inclusion officer, as well as 18-year veteran of Nike Kellie Leonard has stepped down. Felicia Mayo, who joined Nike last year will replace Leonard. In 2018, When Leonard was appointed as Nike’s chief diversity officer, the company…

5 mins read