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April 28, 2014
07:48 EDTNKE, ADDYYNike, Adidas supplier counts expense of China shoe strike, Reuters says
Yue Yuen said that more than 80% of the employees at its Dongguan factory returned to work after staging a two-week long strike and the company estimated the strike will cost it nearly $27M, according to Reuters, citing a statement from the company. Yue Yuen is a $5.6B footwear manufacturer for companies like Nike (NKE) and Adidas (ADDYY). Reference Link
News For NKE;ADDYY From The Last 14 Days
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July 15, 2014
09:29 EDTNKECorning names Nike CFO Donald Blair to board
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July 14, 2014
08:01 EDTADDYY, NKEManchester United reaches agreement with Adidas
Manchester United (MANU) has reached a ten year agreement with Adidas (ADDYY) for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of GBP750M, subject to certain adjustments, beginning with the 2015-2016 campaign. For the 2014-2015 season, Nike (NKE) will continue in its role of technical sponsor and trademark licensee.
July 10, 2014
08:10 EDTNKEMorgan Stanley's Vintage Values 2015 list selected
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06:42 EDTADDYY, NKENike ends deal with Manchester United, NY Times reports
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July 9, 2014
06:58 EDTNKEApple hires two Nike FuelBand engineers, Apple Insider erports
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