Pam Danziger reports on retail, focused on the luxury consumer market. Nike CEO Elliott Hill reshuffles leadership after six months, promoting Amy Montagne to president and splitting ...

Sometimes, you need to fight fire with fire. Or, in the case of Nike, cushion with cushion. It’s no secret that Nike has struggled with slumping sales. And while it remains the largest shoemaker in ...

(Reuters) -Sportswear retailer Nike is laying off some of its employees in its technology division, a company representative told Reuters on Monday. Nike will shift some of that work to third ...

Revenues and stocks are down at Nike to begin the new year, and the company is making a change at the top of its leadership pyramid. CEO Elliott Hill is replacing Nike president Heidi O’Neill ...

Nike’s City Connect series was supposed to be about storytelling, surprise, and turning heads. Instead, it’s turned into one extended spoiler alert. The Red Sox were the final act, and even ...

Bill Ackman said that the chief executive of Nike apologized over a billboard that “made light of the Holocaust” by using the slogan “Never again” — though the apparel giant has not ...

Scottie Scheffler won the 2025 PGA Championship, securing his third major title. Scheffler wore Nike apparel, including the Victory Pro 4 golf shoes, a Midnight Navy Dri-Fit polo, Repel Flex golf ...

Just last week, 13-F filings unveiled that Ackman had sold out of his position in footwear giant Nike (NYSE:NKE) while pouring nearly 19% of his fund’s capital into ride-hailing firm Uber ...

Nike came under fire on Monday for a billboard that was shown at the end of the London Marathon. The sign read "Never Again. Until Next Year." It featured black lettering on top of a read ...

Nike is about to drop a second collaboration with Memphis Grizzlies Point Guard Ja Morant, and it’ll make you say “Oh, yeah!” Nike’s refreshing collaboration combines Morant’s favorite ...

Nike may have just turned a corner. After a tough year of declining revenue and retailer fallout, the company finally has something to celebrate: WNBA superstar A’ja Wilson’s first signature ...

Over the past month, sportswear companies have begun rolling out their on-court kits. Nike is the most recent brand to show off their upcoming looks. The 2025 Nike Paris Collection has appeared ...