Breaking News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Nike Unveils New NFL Uniforms

RELATED NEWS
Trade NKE now with 
4/4/2012 2:44 AM ET

Sports goods giant Nike Inc. (NKE: Quote) on Tuesday unveiled its Nike Elite 51 football uniforms for the 2012 NFL season.

According to the company, the baselayer, padding, jersey and pant work are in concert in the new uniform. Lightweight padding is also integrated directly into the "hit zones" in the baselayer.

Innovations include integrating Flywire technology into the neckline to reduce weight and provide lockdown fit over pads, increasing sleeve articulation for better range of motion. It also integrates new four-way stretch fabrication to provide a streamlined shrink-wrap fit.

Nike has rights to be the official uniform supplier of the NFL for on field, baselayer, sideline and practice wear. Product for the 32 team uniforms is scheduled for pre-sale from April 15 on nikestore.com, NFLShop.com and individual team websites.

Fans can buy jerseys through their team stores from April 26 and through retailers from April 27.

NFL players Victor Cruz, Ndamukong Suh, Larry Fitzgerald, Brian Urlacher, Ben Roethlisberger, Champ Bailey and Ray Rice joined Nike President & CEO Mark Parker, Nike Brand President Charlie Denson and NFL Commissioner Roger Goodell to unveil the new uniforms.

Parker said, "The NFL is one of the greatest sporting leagues in the world. We know football demands the best and we look forward to delivering performance innovation and style on the field, in the stands and on the street."

NKE closed on Tuesday at $109.87, up $0.85 or 0.78 percent, on 2.21 million shares.

Register
To receive FREE breaking news email alerts for Nike Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.