The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...
In a report released today, Alexandra Straton from Morgan Stanley maintained a Hold rating on Nike (NKE – Research Report), with a price ...
Nike Inc., facing one of its roughest patches in decades, moved to reset Wall Street’s expectations ahead of new Chief ...
Target is introducing a new line of sneakers with a clever design that allows them to grow alongside the wearer, extending ...
Analyst Lorraine Hutchinson of Bank of America Securities reiterated a Buy rating on Nike (NKE – Research Report), reducing the price ...
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...
Nike shares skidded after the sportwear company withdrew its annual financial guidance and postponed its first investor day in seven years. Shares (NKE) stood 5.5% lower at $84.21 in recent premarket ...
Nike Inc.’s newly appointed Chief Executive Officer Elliott Hill is about to find out the full extent of the problems he’s inherited.
Nike Inc. withdrew its full-year guidance after sales missed estimates, underscoring the challenge that incoming Chief Executive Officer Elliott Hill will face when he takes the reins later this month ...
Trae Young took to the court Tuesday for the Atlanta Hawks’ first day of practice not in his own signature sneaker from ...
The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.