Nike CEO highlights direct-to-consumer strategy the day after the company's big Foot Locker announcement

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John Donahoe
Nike CEO John Donahoe touted the company's direct-to-consumer efforts ahead of its earnings call.

Nadine Rupp/Stringer/Getty Images

Foot Locker to close 400 mall stores as it shifts focus to niche shops for sneakerheads, kids, and higher-income shoppers

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A Foot Locker store in a mall
Foot Locker plans to close more than 400 stores.

Creative Touch Imaging Ltd./NurPhoto via Getty Images

Foot Locker touts a renewed partnership with Nike — but it still won't get the hottest sneaker releases

Tech Insider : Sports
Outside of a Foot Locker store in Miami
Foot Locker expects to grow revenue from Nike sales to be between 55% and 60% of total revenue by 2026.

Universal Images Group Editorial

All the latest Nike organization changes as the company shakes up its technology, diversity, Asia, and women’s departments

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Nike has named new leaders of several business areas, including its women's business.
Nike has named new leaders of several business areas, including its women's business.

Jakub Porzycki/NurPhoto/Getty Images

Nike and Lululemon are obliterating the competition when it comes to drawing customers to stores

Tech Insider : Sports
Foot traffic at Lululemon stores increased 11% in February, according to a new report.
Foot traffic at Lululemon stores increased 11% in February, according to a new report.

Budrul Chukrut/SOPA Images/LightRocket/Getty Images

Michael Jordan’s ‘Last Dance’ sneakers are being auctioned off. They could go for millions, and become the most expensive sneakers ever sold.

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Michael Jordan of the Chicago Bulls walks on the court during game five of the NBA Finals against the Utah Jazz in 1997.
Michael Jordan of the Chicago Bulls walks on the court during game five of the NBA Finals against the Utah Jazz in 1997.

Brian Bahr /Allsport/Getty Images

Nike is facing a PR nightmare as Kyrie Irving, Ja Morant, and now Tom Sachs face scandals – but experts say partnerships with celebs and athletes will never go away

Tech Insider : Sports
Tom Sachs on the orange Nike carpet
Tom Sachs (center) at the Nike Maxim Awards Show in 2022

Tom Hauck/Getty Images for NIKE

Forget Yeezys. Adidas' new CEO says Sambas and Gazelles are the 'hottest shoe in the market'

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Adidas samba sneaker
Adidas CEO Bjørn Gulden views Samba, Gazelle, and Spezial sneakers as the brand's next "franchise."

Edward Berthelot/Getty Images

This startup is one step closer to cracking the code on 3D printing shoes with a $3 million investment led by former Nike executives

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Hilos, which makes 3D-printed footwear, has raised $3 million from investors.
Hilos, which makes 3D-printed footwear, has raised $3 million from investors.

Nicholas Peter Wilson/Hilos

How this former Adidas executive is tackling the biggest problem in footwear with biodegradable sneakers

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Unless Collective's
Unless Collective's "Degenerate" sneaker, which biodegrades

Courtesy Unless Collective

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