Indigenous Designers Are Driving Brands to Collaborate, Not Appropriate The fashion industry has a long history of appropriating Native art and traditions, often without giving credit to the communities from which they are derived. However, there is a shift happening as more brands are recognizing the importance of ethical collaboration with Indigenous designers. This change […]
Adidas, Puma Expected to Hike Sportswear Prices Following Nike as US Tariffs Hit
Adidas and Puma Gear Up to Follow Nike’s Lead in Sportswear Price Hikes In the wake of Nike’s recent announcement regarding the increase in prices due to the impact of US tariffs, competitors Adidas and Puma are now poised to make similar moves. The sporting goods industry has been closely watching Nike’s bold decision, with […]
Change Is Coming to the Sneaker Retail Landscape
Change Is Coming to the Sneaker Retail Landscape In a move that is set to shake up the sneaker retail industry, Dick’s Sporting Goods has made a bold acquisition by taking over Foot Locker. This strategic maneuver is poised to have far-reaching impacts, not only on these two retail giants but also on the broader […]
BoF Masterclass | How Brands Build Genuine Communities
BoF Masterclass | How Brands Build Genuine Communities In the ever-evolving landscape of business and marketing, one thing remains constant: the power of community. Building a genuine and engaged community around a brand is not only a smart business move but also a way to create lasting relationships with customers. This concept is at the […]
Felix Capital Is Backing Web3 Natives With New Funds
Felix Capital Is Backing Web3 Natives With New Funds Felix Capital, a renowned venture-capital firm, is making significant waves in the investment world with its newly doubled funds amounting to a substantial $1.2 billion. This financial boost is not just a mere expansion of their resources; it signifies a strategic move towards supporting the innovative […]
Nike Lays Off Some Workers in Shakeup of Technology Division
Nike Lays Off Some Workers in Shakeup of Technology Division Nike, the global sports apparel giant, has recently announced a round of layoffs within its technology division. These cuts come as part of a broader strategy to reset priorities and streamline operations. The management at Nike is aiming to execute a turnaround plan to drive […]
Bath & Body Works Appoints Former Nike Executive Daniel Heaf as CEO
Bath & Body Works Appoints Former Nike Executive Daniel Heaf as CEO Bath & Body Works, the renowned American retailer specializing in body care and home fragrances, has made a significant move in the corporate world. The company has recently announced the appointment of Daniel Heaf as its new Chief Executive Officer. This decision comes […]
Nike President O’Neill Out in Latest Shake-Up Under New CEO
Nike President O’Neill Out in Latest Shake-Up Under New CEO In a recent turn of events, Nike has announced the departure of its President, O’Neill, under the leadership of the new CEO, Elliott Hill. This move comes as part of Hill’s strategic efforts to reorient the sportswear giant, following a tumultuous period marked by layoffs […]
Nike Forms New Team for Secretive Brand With Kim Kardashian
Nike Forms New Team for Secretive Brand With Kim Kardashian Nike, the renowned sportswear company, has once again made headlines with its latest strategic move. The company is assembling a team of top executives and designers to collaborate on a new project with none other than Kim Kardashian. This secretive brand partnership with Skims, Kim’s […]
Nike Sued Over Closure of Crypto Business
Nike Sued Over Closure of Crypto Business Nike, the global sportswear giant, is facing legal action after purchasers of Nike-themed cryptocurrency assets reported significant losses following the sudden closure of its RTFKT unit in December. The move has sparked outrage among investors who believed in the potential of the digital assets associated with the renowned […]