That's next. By December of last year, Nike needed to cut costs by $2 billion, and Donahoe announced that they would lay off about 1600 workers. In February, a month before the layoffs were set to ...

The people who made Nike culturally resonant, like Sergio Lozano, designer of the Air Max 95; Nate Jobe, who oversaw the hugely successful The Ten collaboration with Virgil Abloh’s Off-White ...

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 ...

Shop now and enjoy 14% discount Nike Dunk Low LX Women's Shoes at Nike. Shop now and enjoy 20% off when you purchase Nike Dunk low retro men's shoes at Nike. Before you continue, make sure you ...

Kitting yourself out with activewear and running shoes for a new season (or sport) can be an expensive proposition, but Nike’s making it way easier with its 20% off code. Right now, take 20% off ...

The best Nike running shoes have been used by elites to produce remarkable feats in recent years. For instance, in 2023, Kelvin Kiptum shattered the marathon world record with a stunning time of 2 ...

Ahead of Elliott Hill taking over as Nike (NKE) CEO this Monday, Truist upgrades Nike to Buy from a Hold rating and raises its price target for the stock to $97 per share from $83. Truist analyst ...

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Nike Inc. named a recently returned executive to oversee its North America business ahead of the arrival of new Chief Executive Officer Elliott Hill. Tom Peddie will become the vice president and ...

Weaning people off discounts is incredibly hard." Nike, along with other prominent athleisure brands such as Lululemon and JD Sports, has faced significant business and revenue challenges in the ...