Serena Williams says Nike has learned from its mistake after the sporstwear gian...
PARIS - Serena Williams says Nike has learned from its mistake after the sporstwear giant changed its policy having faced criticism for freezing sponsorship payments to several pregnant athletes.
Sponsorship agreements with athletes typically include clauses that reduce payments if they do not reach performance-based targets. “That’s what it’s about. It’s about learning from mistakes and doing better,” added Williams, one of Nike’s leading athletes. “We have to look at old policies and change them. And I think that Nike wanted to do that, and they started doing that.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Congresswomen press Nike about its treatment of pregnant athletesMembers of Congress are asking Nike executives for details on the company’s treatment of female athletes following reports that company stopped paying some athletes while they were pregnant.
Read more »
Nike, other U.S. footwear makers plead with Trump to drop China tariffNearly 200 American footwear companies are pleading with President Donald Trump to call off potential 25% tariffs on footwear.
Read more »
Michael Avenatti Indicted for Defrauding Stormy Daniels, Attempting To Extort NikeOnce a media darling, celebrity attorney Michael Avenatti faces prison time if convicted.
Read more »
Michael Avenatti Indicted for Defrauding Stormy Daniels, Attempting To Extort NikeOnce a media darling, celebrity attorney Michael Avenatti faces prison time if convicted.
Read more »
Michael Avenatti Indicted for Defrauding Stormy Daniels, Attempting To Extort NikeCelebrity lawyer Michael Avenatti was indicted for defrauding former client Stormy Daniels and attempting to extort sportswear company Nike
Read more »
Michael Avenatti, former lawyer for porn star Stormy Daniels, indicted for alleged extortion attempt against NikeControversial lawyer Michael Avenatti was indicted on charges of trying to extort athletic shoe giant Nike out of tens of millions of dollars by threatening to go public with embarassing information about the company, according to federal court documents unsealed in New York City on Wednesday.
Read more »
Nike warns price of sneakers could skyrocket if Trump imposes tariffs on ChinaThe Swoosh brand, along with other heavy hitters of the footwear industry, has written a letter urging the president not to impose the increased levies on China.
Read more »
Nike and Adidas to Trump: Tariffs on shoes would be 'catastrophic'Proposed tariffs on imported shoes from China 'will have an immediate and long-lasting effect' on Americans, a coalition of more than 170 footwear companies including Nike, Adidas, Under Armour and Foot Locker said in a letter to President Trump
Read more »
Nike to end financial penalties for pregnant athletes - reportNike decides to change its maternity policy after coming under fire for financially penalizing sponsored athletes who become pregnant - report
Read more »