Nike CEO says sneaker giant ‘lost its obsession with sport,’ vows to revive iconic brand
Nike’s new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its ...
New Nike CEO goes back to basics as investors cool their heels
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's ...
Nike warns its turnaround will be a slog, after results beat expectations
Nike offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the embattled ...
Nike's new CEO said the company messed up 3 key areas that he's trying to fix — and it's bad news for customers who like cheap stuff
CEO Elliott Hill said that Nike would rein in the number of promotional events and focus on five categories of sports ...
The Risky Strategy Behind Nike’s Massive Holiday Discounts
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.
Nike’s Half Measures Need Another Shoe to Drop
Hill will get few chances to make a decisive break with the past and provide himself with a solid foundation. He has gone ...
Crime and Public Safety
Police said their investigation showed the group had worked together to steal more than $2,200 in merchandise from Nordstrom ...
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Nike shares slide as guidance flags 'severe issues'; Q2 results top estimates
Nike shares initially jumped in extended trading after the company topped expectations for the fiscal second quarter. However ...
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NIKE, Inc. (NKE)
UBS lowered the firm’s price target on Nike (NKE) to $73 from $80 and keeps a Neutral rating on the shares. The firm still sees significant downside risk stemming from the chance Nike has more ...
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Nike downgraded as turnaround path to take longer to execute
Nike has been downgraded to Market Perform from Outperform by Telsey Advisory Group (TAG) on Friday following its ...