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Nike shuts down 35% of its Indian stores to cut losses
"As part of its strategy, Nike is reducing its number of partners in the country and will be workin…
Nike is laying off staff after announcing a $790 million loss in its latest quarterly earnings
The sportswear giant on Thursday reported a net loss of $790 million for the fourth quarter, in par…
Shoshy Ciment
Cork Gaines,Skye Gould
Nike's grip on the NCAA Tournament is slipping
This year, 44 of the 68 (65%) schools in the NCAA Tournament will wear Nike shoes, according to dat…
Cork Gaines
Nike Shares Surge After Earnings
On February 1, 2013, the Company completed the sale of Cole Haan to Apax Partners for an agreed upo…
Matthew Boesler
Nike created a brand-new running shoe to break a huge marathon record
The Elite is a concept shoe that won't be for sale, but the shoe and its ZoomX tech will be adapted…
Dennis Green
Traders are making huge bets against Nike
However, as Nike's stock price has rallied, short bets against the stock have also mounted. Financi…
Jonathan Garber
Nike is about to face its biggest test as sneakerheads pounce on the new 'Lost and Found' Jordan 1, and the brand tries to rebuild trust with fans
The release of the iconic sneaker coincides with several new efforts designed to help the company's…
Matthew Kish
Nike falls following boycott calls in China over statement about forced labor of Uyghurs
Nike shares fell following calls from China for a boycott after the company said it would not use c…
Carla Mozée
There's a better and cheaper way to trade Nike's resurgence than buying the stock
"We see Foot Locker as a better (and cheaper) way to play Nike, and Under Armour a great way to pla…
Graham Rapier
Nike is 'back in business' - and threatening to reclaim its sneaker crown from Adidas
Nike also delivered a solid sales forecast, with CFO Andy Campion saying he expects US sales to gro…
Kimberly Chin
Nike and Under Armour were the biggest losers at the US Open
"We work with athletes who most people wouldn't or didn't draft in the first round, or who they wou…
Marina Nazario
Nike's recent Instagram represents a huge departure for the brand - and people are loving it
"The internet really offered a space for me to thrive. I wasn't scouted in the mall as a kid, it ju…
Mallory Schlossberg
Nike stock could do something unexpected before the 2016 Rio Olympics
These moves are counter-intuitive, as the athletic apparel company could be expected to receive a b…
Seth Archer
CREDIT SUISSE: Here are 5 reasons to like Nike
Advertising has always been Nike's forte with its founder Phil Knight's ability to rope in celebrit…
Prashanth Perumal
Peloton stock jumps 12% after CEO John Foley steps down and the company says it will slash 2,800 jobs
Peloton slashed full-year revenue guidance to $3.7 billion to $3.8 billion, down from a prior outlo…
Shalini Nagarajan
Graham Rapier
Nike is 'marching back to top form' - and its Kaepernick ad shows its renewed strength
"This premeditated move was another subtle but significant sign of Nike's strength and confidence i…
Ethel Jiang
Here come Nike earnings ...
During the most recent earnings call, executives emphasized the investments they were making in dig…
Akin Oyedele
Nike stock rout deepens in longest run of declines since 1980
Its share price fell 1.4% to $101.46 at Tuesday's close – declining for a ninth straight day and ma…