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

Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...

Ohtani's contract is the largest ever in baseball history, exceeding Mike Trout's 12-year $426 million contract with the Los Angeles Angels. Spanning a whole decade, the record deal is evenly broken ...

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear ...

John Donahoe has announced his retirement as Nike CEO, with Elliot Hill set to replace him on Sept. 19, while Donahoe will ...

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...