The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

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

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

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

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

Nike is making a bold move to revitalize its brand and recover from a period of financial stumbles, announcing that 32-year ...

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...