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

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a ...

Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be ...

Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...