Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

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 ...

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

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 ...