The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...

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

Donahoe, 64, will retire and remain an adviser through January. Nike shares jumped more than 7% in extended New York trading.

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...

UPDATE (09/20): Official images of the "Stargazer" Nike Ja 2 colorway have loaded on the back end of Nike's website.

The Nike Dunk has solidified its place as a streetwear staple, and its sleek, simple design pairs effortlessly with NFL gear.

A sportswear giant announced the retirement of its president and CEO on Tuesday after nearly five years behind the wheel.

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...