Tag Archives: Nike

Bloomberg Law reports: Michael Avenatti was convicted of trying to extort millions of dollars from Nike Inc. and defrauding a client in the process, completing a steep fall for a celebrity lawyer who shot to national attention by styling himself as a foil for President Donald Trump. Jurors in Manhattan found Avenatti guilty of all three criminal counts. The verdict …

NBC News reports: Arizona Gov. Doug Ducey is ready to just do it: Change his mind and welcome Nike with open arms. Ducey initially tweeted last week that he was ordering the state’s commerce authority to “withdraw all financial incentive dollars” for Nike to build a plant in the city of Goodyear. His decision followed the sneaker company’s announcement that …

Business Insider reports: Nike put out a brand new commercial celebrating the accomplishments of the United States Women’s National Team both on and off the field. The United States Women’s National Team won their second straight World Cup on Sunday, dominating Netherlands 2-0 in the final. Second after securing the trophy, Nike released an inspiring new commercial celebrating the team’s …

The Lexington Courier-Journal reports: Sen. Mitch McConnell will be rocking Nikes in 2019 if the company reverses course and releases its Betsy Ross flag-themed shoes. McConnell rejected the idea that the flag, which is generally not viewed as a symbol for hate groups but has been used at times by groups like the Ku Klux Klan and was also prominent …

ABC News reports: In a series of tweets early Tuesday, Arizona Governor Doug Ducey announced that he has ordered the Arizona Commerce Authority to withdraw all financial incentive dollars to encourage Nike to add a manufacturing plant in the Valley. Ducey’s decision stems from a Wall Street Journal report that said former NFL quarterback-turned-social justice activist Colin Kaepernick convinced Nike …

The Associated Press report: Federal prosecutors said Thursday that attorney Michael Avenatti has been charged in a 36-count federal indictment in Southern California. Details of the case were scheduled to be made public at a midmorning news conference by U.S. Attorney Nick Hanna and the Internal Revenue Service, Hanna’s office said in a statement to news outlets. The indictment alleges …

CNBC reports: Celebrity attorney Michael Avenatti denied on Tuesday that he had tried to shake down Nike, and he accused the sports apparel giant of committing a “crime and coverup.” Avenatti tweeted his denial a day after he was arrested on federal charges, including trying to extort up to $25 million from the sports apparel company by threatening to reveal …

The Hill reports: Adult-film star Stormy Daniels said Monday that she was “saddened but not shocked” at charges brought against her former attorney, Michael Avenatti. “Knowing what I know now about Michael Avenatti, I am saddened but not shocked by news reports that he has been criminally charged today,” Daniels said in a statement. “I made the decision more than …

CNBC reports: Celebrity lawyer Michael Avenattii has been arrested on charges related to an alleged $20 million extortion of the athletic apparel company Nike, federal authorities said Monday. A press conference is scheduled to discuss the charges against Avenatti in Los Angeles on Monday afternoon. Avenatti had represented porn star Stormy Daniels in her lawsuit against President Donald Trump and …

CBS News reports: The heat Nike has taken over its controversial advertising campaign featuring former NFL start Colin Kaepernick seems to have had another effect: burnishing the iconic brand’s appeal to investors. Nike shares have surged 36 percent on the year, making the company the top performer on the Dow’s index of 30 blue-chip stocks. The run-up includes a nearly …

Bloomberg News reports: Ten days after Nike’s new Colin Kaepernick ad provoked calls for boycotts, shares hit an all-time high, closing at $83.47 Thursday. It will likely be months, if not longer, until anyone can fully measure the business impact of Nike Inc.’s controversial partnership with quarterback-turned-activist Colin Kaepernick, but early data from Edison Trends show sales tracking well above …

The Birmingham Herald reports: The Rev. Mack Morris took a hold of an old Nike headband and a wristband, held them both up before a packed church, and cut them. “I ain’t using that no more,” said Morris, the senior pastor at Woodridge Baptist Church in west Mobile during his weekly Sunday sermon. “I’ve bought my last pair of Nike …

Mediaite reports: It’s hard to out-crazy Kurt Schlichter, author of Second Civil War erotica. But his fellow guest on Fox Business Network Friday night came pretty close. Eric Schiffer, an entrepreneur, was asked to respond to Nike’s new ad campaign featuring Colin Kaepernick. Schiffer was furious. Of Nike, he told Fox host Liz MacDonald: “Their phrase ‘Just Do It’ means …

Fortune Magazine reports: Nike’s selection of Colin Kaepernick as one of the new faces of the company has certainly brought media attention and controversy, but it’s also having a noticeable effect on the bottom line. A new report from Edison Trends says Nike’s online sales grew 31% from Sunday through Tuesday of Labor Day weekend this year. “There was speculation …

Ad Age reports: Nike is not backing off its polarizing Colin Kaepernick campaign. The company is amping it up with a new call-to-action spot that will air during the NFL opener Thursday night on NBC. The sportswear giant today released a two-minute-long video “Dream Crazy” narrated by Kaepernick as part of its controversial effort. In addition to running during this …

Just in from One Millions Moms leader Monica Cole: Nike announced on Monday it would make former NFL quarterback Colin Kaepernick the face of its “Believe in something, even if it means sacrificing everything. #JustDoIt” ad campaign. This is unbelievable! Kaepernick is the person who started the kneeling protests during the national anthem during the 2016 season, which lasted into …

Business Insider reports: President Donald Trump has once again weighed in on Nike’s polarizing new ad featuring Colin Kaepernick. It’s true that Nike has been the target of anger from certain customers, with many on social media supporting a boycott and burning their Nike apparel in protest. Whether that anger is outweighed by the positive reaction for others will remain …

From his interview with the Daily Caller: President Donald Trump said Tuesday that Nike sent a “terrible message” this week by making former NFL quarterback Colin Kaepernick one of the faces representing the 30th anniversary of the company’s “Just Do It” campaign. “I think it’s a terrible message. Nike is a tenant of mine. They pay a lot of rent,” …

“I am no longer astonished by the tone deafness of so much of corporate America. It looks like Nike wants to follow in the NFL’s footsteps and alienate half of its consumer base. There are so many people across this country who feel very deeply that we should stand for the flag and kneel for our god and the fallen. …

“This disingenuous idea that this is just ‘Oh, Colin Kaepernick is just trying to make a statement’ is total baloney.  He is targeting us. He knows what this means to us. He knows how insulting it is. He knows how disrespectful it is and Nike is empowering it. I don’t buy it. “This is scummy, this is lousy, this is …