Nike’s stock continues to trend downward as reports of slow consumer recovery in China and merchandise stockpiles impact profitability. Since August 9, 2023, Nike’s stock
Nike’s Q4 sales topped Wall Street’s estimates, but its profit margins were lower than expected for the first time in the past three years, resulting
Designer Brands is hoping to revive its business with its latest partnership with Nike as it continues to struggle with declining sales. Just last week,
Nike has appointed Jared Carver as the new president and CEO of Converse. Carver, who has been serving as the vice president and general manager
Nike has revealed a series of senior leadership changes aimed at sustaining its current momentum and reinforcing the company’s effort to foster greater integration across
Nike will stop using kangaroo skin in making its shoes, ending a controversial practice that has long drawn criticism from its customers and animal rights
Nike has sued Japanese footwear brand Bape for trademark infringement and accused it of building a business that revolves around copying its designs. The sportswear
Nike has officially teased an upcoming collaboration for Tiffany & Co. x Nike Air Force 1 Low on Instagram. The sportswear giant shared a preview
Sportswear giant Nike saw its shares surge 13% in after-hours trading after the company reported its best quarterly revenue growth in more than a decade,
Nike’s diversity and inclusion chief, Jarvis Sam, has stepped down from his role, becoming the third person to leave the position in the last two
