The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is stepping down on Oct. 13. ...
The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
The company experienced a 10% year-over-year decline in revenue in the fiscal quarter, which ended Aug. 31. Nike brand ...
Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky ...