It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas. It has ...
The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.
After several quarters of underwhelming results, Nike is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the news, sending the stock 7.6% higher ...