Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Bessent Says U.S. Must Strengthen Supply Chains and Economic Security 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Trip.com Shares Tumble After Q1 Profit Drops and Weak Revenue Growth Outlook 
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
Nissan Halts Electric Qashqai Development Amid EV Market Challenges 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy 
Nike, the American footwear manufacturing company, announced a new partnership with a known designer as it prepares for its next runway show. On Monday, May 16, the company announced it has teamed up with French designer Simon Porte Jacquemus to produce exciting new apparel for its new collection.
It was noted that Nike has been tapping some of the popular designers, with a good track record, for its new sportswear items. And this week, Jacquemus has been picked to be its latest partner.
As per Vogue Business, Nike has joined forces with Jacquemus to debut a minimalist-inspired line of womenswear for one of the company’s brand’s Humara trail shoes. It was said that the new collection is set to be unveiled on June 28 through the Nike stores and the French designer’s own e-commerce website.
It was added that the collection would also be featured at Nike’s upcoming runway show, where the apparel is set to officially debut. This event is taking place in Paris next month and before the items are released in the Nike stores around the world.
The new Nike and Jacquemus collaborative collection is consist of 15 pieces of footwear, apparel, and accessories. All of them will be available for purchase in the last week of June.
“For this collaboration with Nike, I wanted to create a collection that reinterprets athletic women’s sportswear in a minimal way. I have always been inspired by vintage ACG pieces and Nike campaigns from the ’90s,” Simon Porte Jacquemus stated in a blog post that was published on Nike’s website. “Having this imagery in mind, we designed women’s athletic wear with sensuous details and neutral colors, along with my own interpretation of the Humara, my favorite Nike shoe. It was important for the collection to be accessible for all bodies, and to be a natural blend of Jacquemus style and Nike performance.”
Finally, it was revealed that Nike have first worked with the designer on the Jean-Paul Goude-shot Nike campaign in 2018. Apparently, their collaboration has continued through the years while the design trends evolve.
