Nike tries to rip off the band-aid for investors. Its stock price is feeling the sting
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's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is stepping down on Oct. 13. ...
Nike’s Sales Fall 10%. It’s Working Off a Jordan Hangover.
The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
Nike reports weak results ahead of CEO switch; US labor market remains resilient
The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.
How Caitlin Clark’s WNBA spark is akin to the ‘Be Like Mike’ impact of Jordan in the NBA
Start with the shoes. Before Michael Jordan had ever played in an official NBA game, his sneakers generated conversation and ...
13-year-old girl missing from Quincy
Police in Quincy, Massachusetts, are asking the public to keep an eye out for a missing 13-year-old girl. Quincy police say ...
A Look Back at Dikembe Mutombo’s Adidas Sneakers
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 ...
Lonzo Ball Wears Safe Sneakers to Chicago Bulls Media Day
Yesterday was the Chicago Bulls Media Day, and all eyes were on Lonzo Ball's lower body. The former No. 2 Draft pick touted ...
Greek City Times8h
Sneakerness: The great celebration of sneakers arrives for the first time in Greece
The Nike Air that Michael Jordan advertised to the entire planet made sneakers an industry with a turnover of more than 85 ...
First Look at the Air Jordan 6 "Doernbecher"
Expect this Air Jordan 6 and the rest of the 2024 Doernbecher Freestyle collection, namely an Air Max Sunder, Air 180, two ...
Will Nike Sales Miss the Mark Again?
Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut ...
In With the New: Is Nike Stock a Buy After CEO Change?
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 ...