Weaning people off discounts is incredibly hard." Nike, along with other prominent athleisure brands such as Lululemon and JD Sports, has faced significant business and revenue challenges in the ...

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 ...

The company on Tuesday also called off its investor day set for Nov. 19, while CFO Matthew Friend said pulling the outlook would give Hill "much-needed flexibility to evaluate Nike's strategies ...

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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 ...

Worries over Nike hit shares in JD Sports in early deals. They traded down 3% to 145 pence, and have lost about 10% of their value in the year to date. "We expect short term growth concerns over ...

As the share leader in most countries, Nike is positioned to benefit. As a worldwide business, Nike has felt the effects of issues like the war in Ukraine, shipping delays, currency volatility ...

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 ...

Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to ...

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 ...