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Nike NKE.N is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to ...
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits.
Nike NKE-1.05%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround. The sportswear ...
Nike (NKE) shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current quarter under the company’s turnaround plan, with new tariffs ...
Economist Peter Schiff has predicted that Nike will not establish U.S. factories to produce sneakers due to high tariffs. Schiff argues that 40% tariffs make domestic production economically ...
In a day and age that sees Nike and Jordan Brand doing more collabs than Fortnite, are we crazy to dream about an iconic fusion between Mike's retro sneakers and the most highly anticipated video ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nike shares hit a five-year low on Friday as the sportswear group warned a global trade war and consumer ...
[NEW YORK] Nike’s results surpassed analysts’ expectations as its new chief executive officer’s turnaround strategy begins to take hold. Revenue fell 9 per cent to US$11.3 billion for the quarter ...
PORTLAND, Oregon — Unredacted court documents in a recently settled lawsuit against Nike details the names of current and former Nike employees accused of sexual harassment and gender ...
During last night's win over the Bucks, Durant debuted the Nike KD 18 in the "El Valle" colorway. The mesmerizing colorway sported a purple upper, black accents, and hints of orange and teal.