Nike's incoming CEO is an old face at the firm, having joined as an intern in 1988. Over the course of more than 30 years, he worked his way up to top management before retiring in 2020.

That pair of scuffed running shoes you wear to the gym may not look like much, but they represent a battleground between a sports apparel upstart and the industry Goliath over a newly minted market.

Nike announces new turnaround push, hints at layoffs as sales plunge 12% Updated: Jun. 26, 2025, 5:14 p.m. | Published: Jun. 26, 2025, 2:07 p.m.

Nike's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.

Nike continues to expand its golf offering with another edition, this time giving a clean iteration to the Air Max 1 ‘86 OG Golf in “White/Black” with gum soles.

Riffing off the trendy oversized silhouette, the Nike Promina sneakers pair a flexible knit upper with a stacked foam sole and cushioning throughout.

Nike will lay off about 2% of its employees, or close to 1,700 people, as the sportswear behemoth looks to cut as much as $2 billion in costs.

With the murder charge, however, he joins a list of Nike-backed athletes and associates that have fallen from grace, including Lance Armstrong, Joe Paterno, Tiger Woods, Michael Vick and others.

The Nike Mercurial Superfly iD "Solar Charge" hits NikeiD tomorrow, November 25, at 8:00 AM EST for $325. Until then, get a preview of the celestial print below.

The state's longest-serving lawmaker went to the Columbus County Jail Friday morning to be booked on an assault charge in connection with an August shooting at his Tabor City home.