Photo by Erin
ADWeek broke the news:
“On Friday, three separate letters signed by 87 investment firms and shareholders worth a collective $620 billion asked Nike, FedEx and PepsiCo to terminate their business relationships with the NFL’s Washington Redskins unless the team agrees to change its controversial name.”
The Washington Post reports:
“FedEx on Thursday became the first major corporate backer of the Washington Redskins to call on the team to change its name, the most significant development yet amid mounting financial and political pressure on team owner Daniel Snyder in the long-running controversy.
Late Thursday evening, without making an immediate public statement, Nike appeared to remove all Redskins apparel for sale from its website.”