Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.

Shoppers are backing off the brand, and it’s up to new leadership to reinvigorate the product lines.

Nike (NKE) sees sales drop in FQ1, but analysts remain optimistic about the company's turnaround under new leadership.

"Nike is deep in the abyss of the turnaround," Bernstein Societe Generale analysts wrote in a note. "Early signs of market ...

With a new CEO set to take over in a few weeks, the sportswear giant pulled its guidance for the year and stressed the actions it’s already taking to reset the business.

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

Nike has not had an extremely promising fiscal year. According to reports, Nike's quarterly sales and profits are in a slump. Shoppers do not seem to be very intrigued by the sportswear and equipment ...

Nike stock is tumbling Wednesday after the retailer reported mixed earnings results and withdrew its full-year guidance.

Levi Strauss & Co said on Wednesday it was also announcing a strategic review of its Dockers brand including a sale. The ...

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Fortnite leaks suggest Shaq (Shaquille O'Neal) collaboration coming soon ...