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.

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

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

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...

I want people in the neighborhoods to walk across the bridge and feel like you’ve entered Oz. . . .The streets are beautiful, ...

Trump can sell DJT shares, Nike executive shake-up boosts stock, FedEx earnings, and more news to start your day.

Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ...

Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as ...

Hill raised money for the scholarship by auctioning the sports memorabilia collection he had accumulated in three decades at ...