Belk hosted a ribbon-cutting ceremony Saturday to celebrate the grand opening of its newest outlet location at Northlake Mall ...

Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And ...

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

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

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. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

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