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

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

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the ...

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...