The company on Tuesday also postponed its investor day that was scheduled for Nov. 19 and CFO Matthew Friend said that ...

Behind the scenes of women’s basketball’s boom, there’s tension brewing over footwear. Entrepreneurs and researchers want ...

Nike is bringing a former executive out of retirement to be the new CEO. The company reports to Wall Street on Tuesday just how bad things are.

Hill, a Nike veteran who started as an intern decades ago, is coming out of retirement to take the top job on October 14. He ...

The efforts to manage investors' expectations came as Nike (NKE) prepares to bring aboard Elliott Hill - a roughly three-decade veteran of the company who retired in 2020 - as its CEO on Oct. 14. John ...

Nike Inc., facing one of its roughest patches in decades, moved to reset Wall Street’s expectations ahead of incoming Chief ...

Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...

"It's not that people don't want to pay $20 or $30 for shoes," O'Neal said at the Black Footwear Forum. "They don't want ...

The sneaker giant is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.

The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...

The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.

Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...