The Mary Cain controversy is the latest in a series that Nike has had to deal with in the past few months.
Nike acquired Hurley from its founder Bob Hurley in 2002.
The nine-piece capsule collection will launch at Unknwn stores and online this December.
The $36.4 billion brand has weathered several controversies including the NBA-China firestorm and sexual discrimination lawsuits.
With a lifetime endorsement deal with Nike and various business ventures, James recently launched the multidimensional platform Uninterrupted.
The athlete empowerment brand also collaborated with Nike on special Nike Air Force 1s, launching in October.
“This marks our transition and our evolution into private label in the sports fashion world. It’s a great stepping stone and our first collection in a new space,” said Unknwn cofounder Frankie Walker.
Athletes know the allure of their star power.
Iris Apfel, Bethann Hardison and Kay Unger will be among the 12 speakers who will commemorate the designer’s life.
LeBron James, activist Bethann Hardison, Dapper Dan and stylist Jason Rembert will be honored at the Sept. 4 event.
Adrien Sauvage has moved his atelier from London to Los Angeles and plans to launch a sportswear collection.
Nike is “encouraging people to take the fairness and respect they see in sport and translate them off the field,” according to press materials released Sunday.
Michael Phelps, Kareem Abdul-Jabbar, Jim Brown and more also received awards.
Celebrity event planner Marcy Blum talks 30 years in business, having planned parties for the likes of LeBron James and the Rockefeller family.