Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And ...

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been lagging over ...

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

Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...

Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp ...

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

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