The athletic gear maker hasn’t had a good run lately and has been steadily losing market share to competitors.

Nike has withdrawn its annual revenue forecast as it struggles to prevent sales from sliding. It had earlier forecast an ...

Shaking up their management teams, Nike NKE and Starbucks SBUX hope to return to glory after experiencing slower growth in recent years. Nike recently announced its CEO John Donahoe will retire on ...

Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that ...

With a new CEO set to take over, the sportswear giant pulled its guidance for the year and stressed the actions it’s already ...

Nike beats earnings expectations but withdraws its full-year forecast, citing leadership transition and moderated revenue ...

Nike Inc.’s newly appointed Chief Executive Officer Elliott Hill is about to find out the full extent of the problems he’s inherited.

The sneaker giant is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.

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 ...

NEW YORK (AP) — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' ...

Nike has grown concerned enough that it ousted CEO John Donahoe to bring back former executive Elliott Hill to lead the ...

The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill certainly doesn't have the same fanfare, having never been the CEO of a major ...