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☆ Fact Check-Nike paid $35 for its logo but later gave the designer shares and a ring
  + stars: | 2023-06-29 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +3 min
The author of a 2011 Oregonian article, Allan Brettman, interviewed Davidson, who also would not say how many shares she was given. The article quotes Knight as having told a 2010 shareholders’ meeting that Davidson was given 500 shares in 1983. Nike stock closed at 25 cents per share on Sept. 15, 1983 (shorturl.at/bgFK4), making the value of 500 shares on that day approximately $125. On June 28, 2023, the closing share price of Nike stock was $113.03 (here), making 32,000 shares worth $3,616,960 on that date. Nike paid designer Carolyn Davidson $35 for its “swoosh” logo, but she was also given a gold ring and shares in the company years later.
Persons: ” Carol Davidson, Darren Rovell, ” Davidson, Bob Woodell, Phil Knight, Davidson, Knight, Allan Brettman, Brettman, Counterkicks, Rovell, “, haven’t, Carolyn Davidson, Read Organizations: Nike, “, Twitter, YouTube, Oregonian, ’, New York Stock Exchange, Reuters
☆ Nike faces 3 obstacles that could threaten its dominance
  + stars: | 2023-01-14 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +4 min
New Adidas CEO Bjørn Gulden could reinvigorate the rivalry with Nike. Top of mind with stock pickers: Nike needs to shed inventory and get sales growing more in China. Where is the next leg of growth going to come from? Before the December earnings report, Simeon Siegel, managing director for equity research at BMO Capital Markets, told Insider Nike appeared to be turning a corner in China. Analysts also think new Adidas CEO Bjørn Gulden, who previously worked as CEO of Puma, could reinvigorate the rivalry with Nike.
☆ 3 things that should be worrying Nike
  + stars: | 2022-12-26 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +4 min
New Adidas CEO Bjørn Gulden could reinvigorate the rivalry with Nike. Top of mind with stock pickers: Nike needs to shed inventory and get sales growing more in China. Analysts are also wondering how much competition Nike will face from Adidas under its new CEO Bjørn Gulden. Before the December earnings report, Simeon Siegel, managing director for equity research at BMO Capital Markets, told Insider Nike appeared to be turning a corner in China. Analysts also think new Adidas CEO Bjørn Gulden, who previously worked as CEO of Puma, could reinvigorate the rivalry with Nike.
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