Nike has teamed up with Good360 to donate 32,500 pairs of its Air Zoom Pulse shoes, specifically designed for healthcare workers, across the U.S. and in parts of Europe.
Jorge Casimiro, Nike's chief social and community impact officer, told Cheddar Monday that Nike athletes are leading the effort to show their appreciation for frontline workers taking on the coronavirus pandemic.
"Together, with these great Nike athletes what we want to do is show that appreciation by donating our most innovative footwear for the healthcare athlete, the Air Zoom Pulse," Casimiro said.
Along with the sneakers, the sportswear giant is also donating over 140,000 pieces of footwear, apparel, and equipment globally. Casimiro also said they are reaching out to local communities to find out the needs of those on the front line so they can provide them with the right gear.
"We have teams on the ground. These are cities that are important for our employees, for our consumers, where we have deep relationships, and we listen to their needs," he said
Nike also committed more than $25 million in products and funding to COVID-19 response efforts, including $2 million in employee donations. The company says it has invested in providing personal protective equipment (PPE) for healthcare workers, and Casimiro said the company intends to continue to listen to medical professionals on the frontlines to fill their needs.
ReturnPro CEO Sender Shamiss to discuss how his company is changing the way we make returns and how Trump's tariffs are affecting the return business. Watch!
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
