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That's next. By December of last year, Nike needed to cut costs by $2 billion, and Donahoe announced that they would lay off about 1600 workers. In February, a month before the layoffs were set to ...

But in recent months Nike has ceded market share to competitors, including upstarts On and Hoka, and the company lowered its guidance in June, leading to a significant share sell-off. Donahoe ...

Nike (NYSE:NKE) announced that Elliott Hill will take the helm as President and Chief Executive Officer effective October 14, 2024. Following the news, the company's shares gained nearly 8% in ...

Kitting yourself out with activewear and running shoes for a new season (or sport) can be an expensive proposition, but Nike’s making it way easier with its 20% off code. Right now, take 20% off ...

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be ...

Shop now and enjoy 14% discount Nike Dunk Low LX Women's Shoes at Nike. Shop now and enjoy 20% off when you purchase Nike Dunk low retro men's shoes at Nike. Before you continue, make sure you ...

The best Nike running shoes have been used by elites to produce remarkable feats in recent years. For instance, in 2023, Kelvin Kiptum shattered the marathon world record with a stunning time of 2 ...

American athletic footwear and apparel corporation Nike's shares jumped 10% Thursday with a change in its CEO position. Nike’s stock price soared to $89.26 per share on the New York Stock ...

Shares of Nike Inc. were up 0.8% in recent trading, and was one of just nine Dow stocks that were seeing green, ahead of the athletic apparel and gear maker's [fiscal first-quarter results due out aft ...

It is never easy for a top performer like Nike to lower the bar, but it will be much easier to do so with a new leader. The apparel giant on Tuesday had some bad numbers to report. Revenue ...