• Loading stock data...
Sunday, July 6, 2025
Law

Nike Shareholders Seek Racial Equity Data

  • Nike shareholders will vote in October on a resolution calling for the company to release data on pay and hiring by race and gender.
  • Activist groups have targeted a number of other companies with similar proposals.
Nike/Design: Alex Brooks

Arjuna Capital and advocacy group As You Sow have brought shareholder resolutions to companies that made public racial justice and diversity commitments last year, demanding they produce data on pay, hiring, retention, and promotion — broken down by race and gender.

Nike has been vocal in its support of Black Lives Matter, but according to As You Sow, is attempting to block a shareholder resolution requiring it to release demographic data.

The company has around 75,400 employees. It earned $44.5 billion in the fiscal year ending May 31, up 19% from the previous year.

The activist groups have sought similar data from numerous companies.

  • Amazon shareholders blocked resolutions related to disclosing hiring and pay demographic data in May.
  • In February, the SEC allowed Comcast to block a similar resolution brought by As You Sow without a vote.
  • Foot Locker and Monster both agreed to release certain demographic data, prompting advocates to withdraw resolutions calling for disclosure.

Nike shareholders vote on a resolution calling on the company to release demographic data on Oct. 6. Earlier this month, the SEC rejected the company’s request to skip the vote.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

A Lululemon store at Freehold Raceway Mall in Freehold Township, New Jersey on Nov. 30, 2023

Sportswear Stocks Rise as Trump Touts Vietnam Trade Deal

Tariffs on Vietnam imports will be 20%, down from a prior threat of 46%.
From vintage to unique collaborations, various Nike and Jordan shoes are displayed on a wall at Saved Soles inside West Ridge Mall.

Nike Stumbles Less Than Expected, Giving Wall Street Hope

The sports apparel and footwear giant beats Wall Street expectations.
Faith Kipyegon

Nike’s Sub-4:00 Stunt Falls Short With Fastest Women’s Mile Ever

Male pacers and cutting-edge tech helped Kipyegon shave off one second.

Featured Today

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
Wimbledon
June 25, 2025

Players Suing Tennis Begin Negotiations With Grand Slams

They may add the Slams as defendants if talks fail in 90 days.
Wander Franco
June 26, 2025

Wander Franco Convicted of Child Sex Abuse, Receives 2-Year Suspended Sentence

Franco can avoid jail time but is unlikely to return to MLB.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Dec 24, 2022; Cleveland, Ohio, USA; Cleveland Browns quarterback Deshaun Watson (4) warms up before the game between the Browns and the New Orleans Saints at FirstEnergy Stadium
June 24, 2025

Unearthed NFL Arbitration Ruling Raises More Questions Than Answers

The NFL was cleared of collusion, but new questions have emerged.
Apr 24, 2025; Inglewood, California, USA; Los Angeles Clippers guard James Harden (1) controls the ball against the Denver Nuggets during the second half of game three in the first round for the 2024 NBA Playoffs at Intuit Dome.
June 24, 2025

James Harden Sued for Negligence in Sexual Assault Case

Harden hosted the party where the alleged incident happened.
Jun 23, 2025; San Diego, California, USA; San Diego Padres right fielder Fernando Tatis Jr. (23) rounds the bases after hitting a solo home run during the ninth inning against the Washington Nationals at Petco Park.
June 24, 2025

Tatis Sues Big League Advance for ‘Predatory’ Future Earnings Deal

Tatis would owe $34 million from his current deal alone.
Jul 7, 2023; Bronx, New York, USA; New York Yankees third baseman Josh Donaldson (28) react after striking out during the fifth inning against the Chicago Cubs at Yankee Stadium.
June 23, 2025

Former Yankee Josh Donaldson Wins $222K in Lawsuit Against Landlord

Donaldson played the 2022 and 2023 seasons for the Yankees.