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 Memphis Grizzlies season is over, and Ja Morant has already debuted his third signature Nike basketball shoe. While fans are already looking forward to next season and this summer's launch of ...

Right now, shoppers can grab their very own iconic shoes for less than $100 at Nike. Are you looking for a running shoe that combines classic style with modern performance? The Nike Air Pegasus ...

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 ...

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 ...

What Nike Says: The world’s largest sports apparel maker says its suppliers pay workers 1.9 times the minimum wage on average, based on partial data for the workforce. What It Means: Workers ...

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 has a new CEO who's passionate about reinvigorating this market-share-leading brand. Investors might want to wait for tangible signs of a turnaround before buying shares. For this reason ...

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 ...