Adidas

Covid-19 Spread In China Hits Nike, Adidas Supplier; Billionaire Chairman’s Fortune Shrinks

Supply chain disruptions have challenged global suppliers and their customers during the Covid … [+] pandemic. Photographer: David Paul Morris/Bloomberg © 2021 Bloomberg Finance LP Shenzhou International Group, a supplier of sports apparel to global brands such as Nike, Uniqlo and Adidas, managed to avoid heavy fallout from Covid-19 disruptions at its Southeast Asia plants …

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Nike Moves Deeper Into The Metaverse By Acquiring Virtual Sneaker Designer RTFKT

Nike has acquired RTFKT Studios, adding the virtual sneaker startup\’s logo next to those of Nike, … [+] Jordan Brand and Converse. Nike Nike is taking another step into the metaverse by acquiring RTFKT Studios, a virtual sneaker and collectibles startup. While the deal is already being seen by many as Nike’s way of saying …

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