Nike Inc. named a recently returned executive to oversee North America ahead of the arrival of new Chief Executive Officer ...
Norristown-based Ephraim Nathan's Lontex won a 2021 trademark-infringement verdict against sports-gear giant Nike; Jane ...
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be ...
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...
Good morning. Nike held its Q1 2025 earnings call on Tuesday—without its outgoing CEO John Donahoe or its incoming CEO Elliott Hill participating. But the sneaker giant’s CFO, Matthew Friend ...
Nike just reported a 10% decline in revenue, with earnings per share falling by 26%. It also pulled its guidance as it awaits a CEO transition. The company is seeing some promising signs ...
Shares of Nike (NYSE: NKE) jumped after the company announced that its CEO was stepping down and it is bringing back a former longtime exec to run the company. Outgoing CEO John Donahoe's tenure ...
Sportswear giant Nike has postponed an investor day scheduled for November and withdrawn its financial guidance, as it waits for its new chief executive officer (CEO) Elliott Hill to take over on ...
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NEW YORK (AP) — 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. NEW YORK (AP ...