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July 10, 2014
06:42 EDTNKE, ADDYYNike ends deal with Manchester United, NY Times reports
Nike (NKE) announced that it would no longer be the primary equipment manufacturer for popular English soccer team Manchester United after the coming season, according to The New York Times. The team's jerseys this year will include the Nike logo, the newspaper stated. Adidas (ADDYY) is likely to take Nike's place, in a deal that could be worth up to GBP750M over ten years, The New York Times quoted The Financial Times as saying. Reference Link
News For NKE;ADDYY From The Last 14 Days
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July 25, 2014
11:29 EDTNKEDeckers Outdoor climbs higher after Q1 results, increased FY outlook
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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.

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