Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And with their 40th anniversary coming up in 2025, the sports apparel company has ...

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

The best online outlet stores include clearance sections ... “By far, the best outlet store is the Nike Outlet,” says Carrie Winans, vice president of public relations firm Hill+Knowlton ...

Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...

Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

After several quarters of underwhelming results, Nike is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the news, sending the stock 7.6% higher ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.