A long list of companies, including Adidas and Lululemon, have pulled advertising from Facebook in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.
Nike Inc's quarterly revenue and profit blew past Wall Street expectations on Thursday on strong sales in China, but lower-than-expected growth in North America, its biggest market, overshadowed the beat.
The US brand no longer wants to be identified with the Yellow Boots alone, and has worked on a lifestyle range for many years. Its apparel design director introduced FashionNetwork to the brand’s new line segmentation.
Following the spin-off of its denim business earlier this year, the Denver, Colorado-based apparel and footwear company has announced a new strategic growth plan, as well as an updated logo and corporate identity.