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

Nike Inc. withdrew its full-year guidance after sales missed estimates, underscoring the challenge that incoming Chief ...

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

The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.

Consumer companies ticked down ahead of jobs data. Nike shares fell in late trading after it posted a decline in quarterly revenue, amid oversupplies of its Air Force 1 and Air Jordan sneakers and ...

Start with the shoes. Before Michael Jordan had ever played in an official NBA game, his sneakers generated conversation and ...

The business mogul recently appeared on Shannon Sharpe's "Club Shay Shay" podcast and discussed a wide range of topics. Cuban and Sharpe touched on the success of Mavericks guard Kyrie Irving's ...

At 7 feet 2 inches, Mutombo held down the paint as one of the league’s best-ever defenders and shot blockers. As an Adidas ...

Yesterday was the Chicago Bulls Media Day, and all eyes were on Lonzo Ball's lower body. The former No. 2 Draft pick touted ...

Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut ...

Nike has grown concerned enough that it ousted CEO John Donahoe to bring back former executive Elliott Hill to lead the company's turnaround.The stock bounced on the news, but remains 50% below its ...