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 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 shares dropped by as much as 8.3% after the company withdrew its annual revenue target, leaving investors uncertain about the timeline for the company’s turnaround.

Dave Portnoy has gushed over Caitlin Clark regularly over the last year, with his latest compliment calling the Indiana Fever ...

Analysts appear largely confident in Elliott Hill’s ability to spark a revival at Nike, but many also see a stock in limbo ...

USA Fencing and sports apparel maker Macron have signed a 10-year partnership that is the longest and richest ever for ...

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.

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 ...

"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 ...

Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products. The ...