Nike is bracing for a staggering $1 billion cost increase due to tariffs from Trump's trade war, prompting price hikes and a shift in manufacturing. As revenues plunge, can Nike turn things around?
Henrik Werdelin's new venture, Audos, aims to democratize entrepreneurship by providing AI tools to everyday entrepreneurs, helping them launch successful businesses without technical skills.
Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?
New Balance is shaking up the sports industry by signing rising stars like Cooper Flagg and Coco Gauff. Discover how the brand is transforming its image and revenue strategy to compete with giants like Nike and Adidas!
In a surprising move, Texas Governor Greg Abbott vetoed a bill that would have banned all THC consumables, allowing the thriving market of THC-infused products to continue flourishing in the state. This decision protects jobs and revenue while highlighting ongoing debates about marijuana regulation.
Chime, the neobank, successfully raised $864 million in its IPO, overcoming significant early struggles and regulatory hurdles. With impressive financial results, the company's shares surged in trading, marking a remarkable turnaround.
A group of eight women athletes has filed an appeal against the NCAA's $2.8 billion settlement, claiming it violates Title IX by favoring male athletes in revenue distribution. This landmark case could reshape gender equity in college sports.
The NCAA is back with new rules to manage college sports after a brief NIL era. But will these changes actually prevent cheating or just repeat past mistakes? Experts weigh in on the potential chaos ahead.
In a bid to address a projected $27 million budget deficit, the University of Michigan's athletic department will reduce staff by 10% while allocating funds to pay student-athletes. Athletic director Warde Manuel outlined cost-cutting measures and new revenue strategies in a letter to supporters.
This weekend's approval of the House settlement raises critical questions about the future of college football. With elite quarterbacks commanding millions, can non-revenue sports survive? Explore the implications for teams like Alabama and Florida State.
