Aug 11, 2018 - Adidas reported successful earnings results for Q2, as all of its major metrics were up Y/Y. At the moment, Adidas has one of the best gross margins in the sportswear industry among large-cap companie
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Aug 10, 2018 - A pay and gender discrimination lawsuit filed Thursday against Nike Inc. made international headlines. But it could be months before it moves ahead.
Four law firms filed the lawsuit on behalf of four former Nike employees who portrayed the company as a place that "devalues and demeans its female employees."
Nike declined comment on the lawsuit, but said in a statement it "opposes discrimination of any type and has a long-standing commitment to diversity and inclusion."
It could be several months…
Aug 10, 2018 - A federal lawsuit filed against Nike Inc. late Thursday gives the fullest picture yet of the toxic workplace behavior that is threatening to become the company's biggest scandal since it repeatedly batted away sweatshop criticisms in the 1990s.
The lawsuit, which seeks class action status, alleges "women's careers (at Nike) are blunted because they are marginalized and passed over for promotions."
"Nike judges women more harshly than men, which means lower salaries, smaller bonuses, and fewer…
Aug 10, 2018 - Two women who worked for the company say they were discriminated against for pay and promotions.
Aug 10, 2018 - Two women have filed a federal lawsuit seeking class action status, claiming a culture of sexual harassment and gender bias at the sports apparel company.
Aug 10, 2018 - A pair of former Nike Inc. employees have filed suit accusing the footwear and apparel giant of pay inequity and gender discrimination.
Kelly Cahill and Sara Renee Johnson filed the suit in Oregon's U.S. District Court. The Portland firm Markowitz Herbold PC is working on the matter with three other firms.
At the heart of the matter is Nike's corporate culture, which the plaintiffs say "devalues and demeans its female employees." The suit charges that Nike has "perpetuated gender-based pay disparities"…
Aug 10, 2018 - A group of female former employees at Nike are suing the company over allegations that it "intentionally and willfully discriminated against [women] with respect to pay, promotions, and conditions of employment," according to the lawsuit.
Aug 09, 2018 - The stock market has not priced in an escalation of trade tensions, which would slam some companies more than others, bite into earnings growth, and force price increases and spending cuts, according to UBS.
Aug 09, 2018 - Party City will offer an assortment of items on Amazon to start, but with a big focus on Halloween costumes.