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

As Nike (NKE) gears up for a pivotal leadership transition, the iconic brand faces a challenging road ahead in an ...

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

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 ...

Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand ...

Nike has withdrawn its annual revenue forecast as it struggles to prevent sales from sliding.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

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

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.

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 ...

The company is postponing its investor day, scheduled for November, as it is in the midst of a CEO transition.

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