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

The Story Café is a hidden brunch gem, about a five-minute walk from Bridgeport Station. Portions are generous, and despite ...

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 ...

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 ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

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

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

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

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

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

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

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