Pam Danziger reports on retail, focused on the luxury consumer market. Nike CEO Elliott Hill reshuffles leadership after six months, promoting Amy Montagne to president and splitting ...

The sportswear juggernaut Nike is facing widespread scrutiny after one of its London billboards had to be removed over holocaust comparisons, and a recent New York Times article reported that the ...

Strange way to get your kicks. Nike watchers are shaking their heads over the brand’s latest headline-grabbing release — a pricey pair of sneakers that comes out of the box looking scuffed up ...

“What on earth was @Nike thinking?” asked one critic. “They posted this enormous billboard in London for the London Marathon, just days after Holocaust Remembrance Day, but not for Holocaust ...

Bill Ackman said that the chief executive of Nike apologized over a billboard that “made light of the Holocaust” by using the slogan “Never again” — though the apparel giant has not ...

An investor on Friday filed a lawsuit in federal court in New York over Nike‘s closure of a subsidiary that sold virtual sneakers. In December, RTFKT, pronounced “Artifact,” said it would ...

Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT ...

One of the major issues when it comes to any major sneaker release, particularly with Nike and the high demand for its countless Jordan Brand silhouettes, is the seemingly constant hurdle of ...

First appearing at the 2024 Paris Olympics on the feet of LeBron James, Nike and Hyperice have now officially revealed photos and information regarding their highly-anticipated Hyperboot ...

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%. But ...

Nike NKE.N is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to ...

In a bid for the women’s market, Nike and Skims are launching a new brand together, the companies announced on Tuesday. Aptly dubbed NikeSkims, the first collection from the brand will hit ...