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

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

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...

Nike rival that boomed during the pandemic shuts 14 storesNike has announced the retirement of its president and CEO after ...