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, ...

Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...

Shares of Nike Inc. were rallying Friday, with the sneaker and sportswear giant climbing more than 6% in afternoon trading. That made Nike the top-performing stock in the Dow Jones Industrial Average ...

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 ...

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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 ...