Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates ...
Nike's stock price has been on a tear amid hopes the global shoe and athletic apparel company's leadership change could drive ...
Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...
Good morning. Nike held its Q1 2025 earnings call on Tuesday—without its outgoing CEO John Donahoe or its incoming CEO ...
Nike Inc. stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced ...
A ruinous pandemic business strategy, declining innovation, exodus of talent, and a “worst sneaker of all time” accolade has ...
In 2023, On received 63% of its revenue from wholesale sources ... as an intern at Nike in 1988, just before the company had started cementing itself as the must-own shoe brand worldwide.
Adidas has outperformed Nike recently, rebounding 82% from its 2022 low, while Nike lost 16% during the same period.
Analysts have attributed Nike’s struggles to its shift toward selling in its own stores and on its website, rather than via wholesale channels. The company’s wholesale revenue rose 5 percent ...