Nike Looks to Reinvent the Loafer With Step-In-Shoe Investment

Photographer: Mark Abramson/Bloomberg
This article is for subscribers only.

Hate tying your shoes? Nike Inc. is continuing its effort to save you the trouble.

After announcing a high-tech self-lacing shoe in January, the sportswear giant said Tuesday it’s investing in a company that makes hands-free footwear -- essentially loafers that go on and off without a lot of fumbling.