In reaching the billionaires' club at age 36, James achieved something even Michael Jordan didn't do during his playing career.
The 22-year-old went viral on TikTok this week making light of the trademark infringement lawsuit over the controversial shoes in a series of videos.
The celebrity lawyer was found guilty in a jury trial of extortion, transmission of interstate communications with intent to extort and wire fraud.
"Nike is a brand that is of China and for China," said Nike CEO John Donahoe.
Michael Avenatti's lawyers told a judge on Wednesday they felt six months behind bars would be a sufficient sentence after his "epic fall" led to public ridicule.
The shoes pay tribute to the brand's namesake, the Greek Goddess of Victory, but Nike has spelled her name—and its own—wrongly.
Chinese state media attacked foreign brands in March following accusations by governments and human rights groups that Beijing uses forced labor in Xinjiang in northwest China.
Tuesday's warning is the latest blow from China to global brands that have faced growing calls from Chinese shoppers to boycott companies that are refusing to use cotton grown in Xinjiang province.
"Nike was deeply disturbed by sexual assault allegations made by one of our own employees against Neymar Jr.," a Nike spokesperson said on Thursday.
The footwear giant sued an art collective over the modified Nike sneakers released alongside the singer's new track.
The rapper, portrayed by Chris Redd, was one of the guests on a fictitious talk show called "Oops, You Did It Again."
China is using its large economic power to discourage American companies like Nike and Coca-Cola from speaking out against their genocide against the Uighurs, Waltz added.
Nike is suing MSCHF Product Studio for trademark infringement over the 666 pairs of modified Nike sneakers released in collaboration with Lil Nas X.
Lil Nas X shared the viral clip on Twitter and said: "We are in a pandemic and there is a mass shooting every week but y'all are gathering in church to discuss shoes lmaooo."
The iconic sportswear company claims that the shoes, made using Nike Air Max 97 sneakers, are harming Nike's reputation.
While many were outraged by the most recent shoe design, this is not the first time MSCHF has stirred up controversy with their custom designs.
The Grammy-winning artist has caught heat from conservatives recently, but fans eagerly snatched up the human blood-contained Nikes he has endorsed.
Lil Nas X announced the shoes would go on sale days after his controversial music video "Montero (Call Me By Your Name)" was released.
Chinese celebrities have cut ties with Nike and H&M, while state media outlets are leading calls for other U.S. and European brands to be boycotted over their statements on Xinjiang cotton.
The viral "Commercial VO Challenge" asks TikTokers to race through four pieces of ad copy in their most persuasive voices.
During this federal holiday many organizations close, but luckily not most retailers.
Kaepernick hasn't played in the NFL since he left the San Francisco 49ers to become a free agent at the end of the 2016 season.
A deep dive into the Jordan Brand, its rich history, and its eventual ascension to sneaker greatness,
The move follows Walmart and Nike removing Redskins merchandise as the NFL team continues getting pressured to change its nickname that many call offensive and racist.
Snyder owns the majority of the team, and the other three co-owners are "not happy being a partner." The Washington Redskins are worth about $3.4 billion.
One day after investors demanded action from big-time corporate sponsors to force Washington to change its Redskins name, two major sponsors took action.
The highly coveted sneakers debuted on July 1 and sold out quickly on the luxury department store's website.
Nike, Twitter, Postdates, and more have all announced that the companies would recognize Juneteenth as a paid holiday.