Nike Swindled by Black Market Sneaker Scheme?

Nike Swindled by Black Market Sneaker Scheme?

Nike, according to federal investigators, was swindled by a black market sneaker scheme that was being run out of their Oregon headquarters. The scheme, revealed by a federal investigation, involved the theft of thousands of pairs of pre-production Nike shoes called “Look See” models, that were sold around the United States for as much as […]

Nike to Drop Out of Wearable Technology

Nike to Drop Out of Wearable Technology

For those athletic fans of Nike out there, grab a Fuelband while you can, since the Oregon company has appeared to drop out of this wearable technology market segment. Job cuts at Nike took place on April 17 and took away a great portion of the Fueband department. With about 70 percent of the Fuelband […]