Watch: Basketball star Zion Williamson's shoe malfunction puts Nike in spotlight

Reuters
Paris, France Updated: Feb 21, 2019, 06:43 PM(IST)

The logo of Nike (NKE) is seen in Los Angeles, California, United States Photograph:( Reuters )

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Williamson was injured when his Nike sneaker split during a game.

Nike's shares were set to come under pressure on Thursday after emerging basketball star Zion Williamson was injured when his Nike sneaker split during a game.

US TV sports broadcasts zoomed in on the incident in the college basketball game between Williamson's Duke team and North Carolina. Williamson appeared to suffer a knee injury.

"We are obviously concerned and want to wish Zion a speedy recovery," Nike said in a statement.

"The quality and performance of our products are of utmost importance. While this is an isolated occurrence, we are working to identify the issue."

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While Nike shares were not yet open for formal trading on the New York stock market, its relatively thinly-traded shares on the Frankfurt market fell around 1per centt, while shares in rivals Adidas and Puma edged up.

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