Nike is shifting to a fuller-price online model for its online store, cutting discounts and promotions.

Elliott Hill has made his strategy for turning around Nike Inc. very clear in his first five months as chief executive ...

Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...

Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a ...

Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.

To be sure, Hill has fast-tracked certain sneaker launches such as Pegasus premium and Vomero 18 that helped lift sales in ...

Nike Inc. was the worst-performing stock in the Dow Jones Industrial Average on Friday afternoon, with the sportswear company dropping more than 5%, according to FactSet data, at last check. “Stocks a ...

Daniel Heaf and KeJuan Wilkins left the company this week, the latest executive changes since CEO Elliott Hill started work.

Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.

Fresh off announcing its expansive Spring/Summer 2025 collection, Supreme is returning with another offering via ...

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