The stock has tumbled 25% this year as the sneaker giant struggles with falling sales and customer defections to upstart ...

Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.

Saudi Arabia’s Fashion Commission signed a memorandum of understanding with adidas to support young Saudi designers and ...

Nike stock was soaring after the company announced that it’s CEO would retire. CEO John Donahoe will be stepping down Oct. 13 ...

A sportswear giant announced the retirement of its president and CEO on Tuesday after nearly five years behind the wheel.

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...

Elliott Hill, 60, originally joined Nike in 1988 and served as president of consumer and marketplace before he retired in ...

(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as ...

After a year of testing, we've identified 12 marathon shoes that will boost your performance and make the race more enjoyable ...

Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...

New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...