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

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 ...

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.

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 ...

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 ...

Instead of selling more retro sneakers, Nike is focused on developing new products, turning its attention back to sports and ...

In preparation for the upcoming season, Booker will release his latest Nike Book sneakers in a “Python” colorway. Check our Sneakers news for more upcoming releases and breaking content!