News about Phil Knight

As the sportswear giant continues to lower costs as demand for its shoes and sneakers increase, Nike plans to cut 22% of its total workforce, or more than 1,600 jobs. President and CEO John Donahoe revealed the layoffs in a memo late Thursday, meaning that the first rounds of layoffs would begin on Friday at the company's Beaverton, Oregon headquarters. 'This is a painful reality and not one that I take seriously,' Donahoe wrote in the email, according to Willamette Week. We are certainly not doing our best, and I eventually hold myself and my leadership team accountable.'

With layoffs totaling $2 billion for the second quarter, Nike has introduced new steps to'streamline' its company. Officials did not specify whether layoffs would be included in the cost-cutting campaign, but did predict that it would cost more than a billion from mainly severance expenses, which was more than double what it estimated before. Those fires, 700 of them, occurred in the midst of the pandemic outbreak in 2020, and they were also characterized as a'streamlining' effort. Now, Nike is in the middle of a downturn, as the company's once-famous stranglehold on the market begins to dwindle. Those who prefer convenience and breaking footholds among runners and those that prefer comfort, while others that prefer convenience and comfort, and companies like Adidas and New Balance have criticized the decline by bringing back older models.

According to a Title IX lawsuit brought by 32 female Ducks athletes in federal court, Oregon's athletic department has failed to adhere to federal law banning sex discrimination in education. The women, who were represented by well-known Title IX lawyer Arthur Bryant of Bailey Glasser LLP, are arguing that they have been denied equal treatment and rights relative to their male counterparts. The plaintiffs are largely made up of Oregon's varsity beach volleyball team and its club rowing crew. According to the complaint, the beach volleyball team does not have its own facility and is compelled to exercise in a public park, where bathrooms are often locked to discourage drug users.

Alan Smolinisky, the Knight and part-owner of the Los Angeles Dodgers who earned his fortune by establishing a student housing empire in the United States, sold the franchise in June 2022 for more than $2 billion. According to The Wall Street Journal, the bid was turned down as a counteroffer but not so much as a counteroffer. Jody Allen inherited her brother's $20 billion fortune after his brother's death from septic shock related to cancer in October 2018.

Caitlyn Jenner is going after “woke” Nike because they dared to… pick a transgender influencer to promote their sports bras… Yes, transgender celeb Caitlyn Jenner, who herself bravely transitioned nearly a decade ago now — and is in fact maybe the most famous trans woman in the world — is slamming the sports apparel company for backing transgender influencer Dylan Mulvaney with a new set of promos!WTF?!?!

Chantel Jeffries put on a leggy appearance as she stunned in an edgy fashion while strolling in LA on Sunday. The DJ, 30, was a vision when she wore a pinstripe black co-ord with a strapless corset and a mini skirt, showcasing her toned physique. Plenty of studs on the corset and a zip were included, as well as a small chain belt on her mini skirt, as shown by the edgy ensemble.

Michael Jordan and Nike's fledgling basketball division, as well as a cast studded cast, are the subject of the film, which is set to be released in the United Kingdom on April 7. Nike founder Phil Knight, played by Affleck, tells sports executive Sonny Vaccaro that a new shoe should be pitched, leading him to believe in creating a brand around the up-and-coming star Michael Jordan. The prospect of signing Jordan seemed far-fetched at the time, but after it solidified, it changed trainer and basketball culture drastically. MailOnline looks at the authentic people based on the forthcoming film.

On Monday night, Ben Affleck was cheeky at the star-studded AIR premiere in Los Angeles. At the Regency Village Theatre, the actor, 50, decided to photobomb co-star Jason Bateman and his partner Amanda Anka. Ben, who also stars Phil Knight, the co-founder of Nike, directs Air, which tells the tale of the rise of sneaker brand Air Jordan.

Ben Affleck discovered it was a 'lovely' experience working with Matt Damon. The 50-year-old actor joined up with his longtime buddy to create the biographical sports drama Air. And Ben has admitted that he loved working with Matt, 52, for the first time. "I love and rely on Matt so much,' Ben, who also plays Phil Knight, the co-founder of Nike, told IndieWire: It was so wonderful to work together.' "It was kind of like a feeling of, I want the other actors to feel [this also].

Here is a Hollywood celebrity in his first appearance: a shell suit, mirrored shades, and what seems to be a perm. In this first picture from the film Air, the actor comes as Nike CEO Phil Knight. It will tell the story of how the (then) unfashionable sportswear company staked everything on winning a contract with basketball rookie Michael Jordan in 1984.

IAN HERBERT: He was the white-haired man in the crowd, hands in his lap, and watching with his own eyes as LeBron James broke the NBA scoring record. Phil Knight, on the other hand, is no bystander. He didn't need a smart phone and Instagram because he, as much as anyone, assembled the piece of history. It would have amused him that he has gone viral as a bystander to it. Knight co-founded and built the Nike Corporation, but as with others in business, he spit out a slew of innovative ideas, some of which were duds along the way.

Michael Jordan's influence on fashion is evident now, with everyone from Mark Wahlberg to Rihanna rocking a pair of Jordans, but it was a major gamble for everybody concerned when Nike announced the agreement with the all-star actor to produce the shoes. The tale of how it happened is now being told in a new film directed by Ben Affleck titled "Air." Affleck also plays Phil Knight, with his best friend Matt Damon playing marketing executive Sonny Vaccaro and recently minted EGOT winner Viola Davis portraying Michael's mother, Deloris Jordan. This spring, Amazon Studios' "air" will be released around the world. "Air" represents the "incredible game-changing collaboration between a then-rookie Michael Jordan and Nike's fledgling basketball division, which has changed the face of sports and contemporary culture with the Air Jordan brand," a source tells Amazon. Knight, Vaccaro, and the remainder of Nike are described as "unconventional team with everything on the line" and Deloris as having "the uncompromising vision of a mother who knows the worth of her son's immense talent."

Enes Kanter Freedom has launched a stinging assault on LeBron James amid a wave of adulation following the Lakers star's triumph on Tuesday night. On social media after he climbed to the top of the NBA's all-time scoring charts, beating Kareem Abdul-Jabbar by 38 points. '38,388 Points 0 Morals 0 Values 0 Principles 0 Principles 0 Empathy 0 Principles 0 Values 0 Principles 0 Empathy 1 Bow Down to #China.' Freedom tweeted Wednesday morning to @KingJames.'

Since a snippet from Prince Harry's memoir appears to have been misattributed to him, a former palace staffer has requested a public apology. Dickie Arbiter, 82, was press secretary to late Queen Elizabeth, but he was not identified in the Duke of Sussex's Spare. However, he claims that a quote in the book could be mistook for him if it was from him and that the publisher should apologise.

Bombshell excerpts from Prince Harry's forthcoming book, "Spare," have leaked, including insights into a physical altercation with his brother Prince William and advice on how Harry coped with his mother's tragic death. Although readers have Harry to thank for retelling these gruesome stories, J.R. Moehringer, a celebrity ghostwriter, deserves praise for getting the fiery words down on the page. Read on for everything we know about the award-winning American novelist (spoiler alert: he's George Clooney approved! (Bothoes) is a student at the University of On the other hand, there was a woman who was blindsided by the war. Moehringer was born in New York and raised in Manhasset, New York, and Scottsdale, Arizona. He went on to study at Yale University before accepting a New York Times job as a news assistant. The 58-year-old's journalism career led him to the Los Angeles Times in 1998, where he was nominated for a Pulitzer Prize in Feature Writing for his column "Crossing Over" in 2000.

In an apparent gesture of love for Kyrie Irving, the Brooklyn Nets star who has been suspended by his team for posting an anti-Semitic video on social media, Boston Celtics star Jaylen Brown has taken a public dig at Nike. Phil Knight, a Nike co-founder, said on Thursday that the company's relationship with Irving' is "probably over" due to the guard who referred to the 2018 film 'Hebrews to Negroes: Wake Up Black America. Brown, retweeting a reporter quoting Knight's remarks on Twitter, simply said: 'Since when did Nike care about ethics?'

On Thursday evening, Christine Drazan lost her bid to become Oregon's first Republican elected governor for 40 years, after losing to opponent Tina Kotek in a close contest. Drazan had a fighting chance of victory thanks to his support from Nike founder Phil Knight and the consequences of a former Democratic presidential candidate running as an outsider. But with 86 percent of the vote counted, the Associated Press named Kotek the winner, the second openly gay woman elected governor in the midterms.

Kyrie Irving, the disgraced Brooklyn Nets co-founder and chairman of the sportswear behemoth,'s relationship with Nike is'definitely over,' according to Phil Knight, co-founder and chairman. Last week, Nike withdrew its relationship with the guard despite the backlash against Irving's posting a link to a film based on a book named as "anti-Semitic" on the Amazon web. The brand's co-founder, billionaire, has since revealed that it will not return to the company's relationship with the NBA superstar.

In the race for Oregon governor, a recent Nelson Research poll shows Republican Christine Drazen leading Democrat Tina Kote 44 to 41. Betsy Johnson, a Democrat-turned-independence, has been described as a "spoiler," according to the new poll, who earns 51%. Since 1982, no Republican has been elected governor of Oregon.

Oregon's richest man said he would do whatever he could to end Democrats' 40-year hold on the state and prevent its nominee Tina Kotek from winning the race for governor. After financing the campaign of an independent who has turned the election into a toss-up this week, Nike co-founder Phil Knight donated $1 million to Republican nominee Christine Drazan this week. Knight, 84, said in a rare interview, he would do whatever it took to break the Democrats' stranglehold on power and referred to himself as a "anti-Tina person."

As Ben Affleck kicked off another tumultuous Friday in Los Angeles, he needed a lift. In swanky Santa Monica, the actor made a pitstop at Dunkin' Donuts, his go-to-coffee chain. The two-time Oscar winner arrived dressed in a blue suit that was matched with a light blue dress shirt and brown suede shoes.