"Nike To Drop Use Of Kangaroo Skins For Its Shoes In 2023"

"Nike said it will stop using kangaroo skins for its shoes this year, weeks after a similar step from German rival Puma, which would end a highly controversial practice that has drawn ire from consumers and animal rights activists.

Sportswear giant Nike Inc (NKE.N) in a statement issued on Monday said it would debut a new line of Tiempo football boots, called the Tiempo Legend Elite, with a proprietary synthetic material that replaces the use of kangaroo leather.

The Tiempo Premier line of football boots, which is set to launch this summer, will also forego kangaroo skin, Nike said. The company ended its partnership with its only kangaroo leather supplier in 2021, it added."

Deborah Sophia reports for Reuters March 15, 2023.

Source: Reuters, 03/15/2023