As Nike (NKE) gears up for a pivotal leadership transition, the iconic brand faces a challenging road ahead in an ...
It is never easy for a top performer like Nike to lower the bar, but it will be much easier to do so with a new leader. The ...
Given how Nike has struggled with sluggish sales growth over the past couple of years, Wall Street has set a fairly low bar ...
Nike Inc.’s newly appointed Chief Executive Officer Elliott Hill is about to find out the full extent of the problems he’s ...
(Reuters) -Nike shares dropped 6% after hours on Tuesday as the company withdrew its annual revenue forecast and postponed ...
The sneaker giant is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
NEW YORK (AP) — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' ...
Dan Coatsworth, investment analyst at AJ Bell, said: “Nike is now paying the price for taking its eyes off the ball. Rivals ...
With a new CEO set to take over in a few weeks, the sportswear giant pulled its guidance for the year and stressed the actions it’s already taking to reset the business.
Nike is withdrawing its guidance for the year and postponing its first investor day in seven years to evaluate the direction of the company following the appointment of Elliott Hill as chief executive ...