The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...

Nike Chief Executive John Donahoe is leaving the sneaker company ... But its stock has stumbled this year, weighed down by its decision to coast on popular shoe lines instead of innovating. Inflated ...

Kitting yourself out with activewear and running shoes for a new season (or sport) can be an expensive proposition, but Nike’s making it way easier with its 20% off code. Right now, take 20% off ...