Nike announced yesterday it will replace the CEO of its Converse brand. Nike sales sank 10% last year, and its Converse sales ...

Nike (NYSE: NKE) recently released its latest earnings numbers, which beat expectations and left analysts and investors ...

Nike on Thursday reported bruising quarterly earnings and raised the possibility of more layoffs, but first-year CEO Elliott Hill said in an email to employees the company is making “significant ...

Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits.

-- SALES: Nike's quarterly sales are forecast to fall about 16% to $10.73 billion. Nike most recently guided for fourth-quarter revenue to drop at a rate in the mid-teens compared with a year earlier, ...

In October 1984, after meeting at Nike's headquarters in Beaverton, Oregon, Nike signed Jordan to a five-year endorsement ...

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.

Nike’s ‘First-Ever’ MLB Team-Inspired Air Max Sneakers Are on Sale Now, and They’re Moving Fast Athlon and Yahoo may earn commission from links in this article.

Our team is ready to go, and I'm confident you will see more moments of Nike being Nike again," Chief Executive Elliott Hill said.

(Reuters) - Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first earnings report since announcing a new CEO earlier this ...

Nike had said it was spending more on this Olympics than any previous games, as it hopes to revive sales and compete with upstart rivals. CFO Matthew Friend said in June that Nike was reinvesting ...