Nike Inc on Tuesday defeated an appeal by a renowned photographer who accused the sportswear company of ripping off his iconic photo of basketball superstar Michael Jordan, and using it to create its "Jumpman" logo.
The US athletic footwear sector grew by 2 per cent last year, generating $19.6 billion in sales, according to The NPD Group. Unit sales grew by 2 per cent and average selling price remained flat, at $58.16.
Fresh off the heels of his Superbowl halftime show performance, Justin Timberlake is opening a multi-brand pop-up shop in NY this weekend. Product will include collaborations with Levi's, Warby Parker and Jordan Brand.
The American finance giant has raised its equity stake in the Beaverton group (Nike, Jordan, Converse). With a new stake of 6.1%, it has positioned itself as the second largest stockholder after the Vanguard group.
Stuart Weitzman's Spring 2018 campaign features Gigi Hadid and Kate Moss photographed together for the first time ever by Mario Testino. The campaign is designed to speak to the brand's multi-generational consumers.