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Police arrested a 37-year-old man in connection with $5 million in stolen Nike gear found at a raid on a warehouse in Hawthorne, Commercial Crimes Division Cargo Theft Unit announced Monday.
A California man has been arrested in connection with a massive organized retail theft ring after officials found a warehouse stashed with $5 million-worth of stolen Nike merchandise.
Save Big on Nike Air Jordans for Cyber Monday "Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." We're in the midst of Black Friday and Cyber Monday deals.
The recovery rate of objects from the Pacific Ocean is typically around 2%, so rather than the 10 to 20 recoveries typically seen with a drift bottle release, the two scientists expected numbers closer to 600. They were already tracking various other spills of flotsam, including 61,000 Nike running shoes that had been lost overboard in 1990.
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
Converse (/ ˈ k ɒ n v ər s /) is an American lifestyle brand that markets, distributes, and licenses footwear, apparel, and accessories.Founded by Marquis Mills Converse in 1908 as the Converse Rubber Shoe Company in Malden, Massachusetts, it has been acquired by several companies before becoming a subsidiary of Nike, Inc. in 2003.
Nike's stock plunged after a disappointing earnings report and weak near-term outlook. What's next for the footwear and sporting goods titan? Why Nike Stock Lost 21% Last Month
Jeff Johnson, Nike's first employee, suggested calling the firm "Nike," named after the Greek winged goddess of victory, [16] and Blue Ribbon Sports was subsequently renamed Nike in 1971. [ 17 ] Nike's " swoosh " logo, now considered one of the most valuable logos in the world, was commissioned for $35 from graphic design student Carolyn ...