Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

After several quarters of underwhelming results, Nike is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the news, sending the stock 7.6% higher ...

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been lagging over ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...

CEO John Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan. 31. He will be ...

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...

Marlies Hersbach moves up at Mango while H&M alum Fredrik Olsson becomes PVH’s CEO of the EMEA region. A new report from data and analytics company GlobalData reveals how demographic shifts will ...

New York (CNN) — 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 ...

Nike’s stock rose 9% during after-hours trading Thursday, a sign Wall Street was eager for a CEO change. Nike’s stock has dropped 24% so far this year. Nike faces a consumer slowdown and tough ...