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 ...

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.

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

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...