Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose stewardship led to a decline in the brand and its performance since he took over in ...

Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

Intuitive Machines rocketed higher on its NASA contract. The space-exploration company on Tuesday said it was awarded a NASA ...

Nike's John Donahoe is the latest CEO to get the ax amid a difficult environment for retail and consumer-focused companies in ...

The Bank of England could cut interest rates to 2.75pc next year, analysts have suggested, amid growing confidence that the ...

Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the ...

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

The world's biggest sportswear group said John Donahoe will stand down as president and chief executive next month.