(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 ...

The latest step in Nike’s turnaround under Elliott Hill is a series of leadership changes announced Monday, including the retirement of 26-year veteran Heidi O’Neill. O’Neill, who had just ...

The sportswear juggernaut Nike is facing widespread scrutiny after one of its London billboards had to be removed over holocaust comparisons, and a recent New York Times article reported that the ...

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 has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT ...

The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. Everyone loves Nike and Jordan shoes, but not ...

Barkley was iconic during the golden era of sneakers and the NBA. Fast forward a few decades and Barkley's retro Nike basketball shoes remain a best-seller online. While fans always look forward ...

Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But ...

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 ...

Every product is carefully selected by our editors. If you buy from a link, we may earn a commission. Learn more Even in the offseason, Nike’s retro football sneaker looks to call the shots. The Field ...

Nike’s results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive predicted revenues would ...

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be ...