Nike has agreed to settle a sexual discrimination lawsuit brought by four ex-employees, ending a protracted legal battle that tarnished the company’s reputation.

Nike Inc. (NKE) has found itself caught in the crosshairs of ongoing tariff updates, particularly following the latest round ...

The backbone of Nike Inc.’s supply chain is being hammered by President Donald Trump’s global tariff campaign, straining a decades-long investment just as the world’s largest sneaker company tries to ...

SHANGHAI, CHINA – APRIL 9, 2025 – Customers shop at a Nike store in Shanghai, China on April 9, 2025. Source: CFOTO/Sipa USA via AAP Photos. It’s been a big few months for Elliott Hill.

CFRA analyst Zach Warring warned of a "tougher macro environment in 2025 as excess savings are spent and consumer spending ...

Hartley will report to Friend and will serve directly on Nike's senior leadership team. Friend noted that she will work ...

Nike needs a turnaround and its brand gives it a fighting chance. The other factor in the company's favor is new CEO Elliott Hill. Hill worked for Nike for 32 years prior to retiring in 2022.

The event featuring world champion Faith Kipyegon will draw publicity for Nike, which is struggling with weak sales and a ...

Nike's board, fed up with that dismal performance, lured company veteran Elliott Hill out of retirement to lead a turnaround effort. Hill started at Nike as an intern, then spent more than 30 ...

With all these struggles, Nike decided to bring in a new leader to manage the business in late 2024. His name is Elliott Hill, a Nike veteran who has worked at the company for over 30 years.

Executives have been left with a costly conundrum across Asia, where nearly all Nike sneakers are made. The timing couldn’t be worse. New CEO Elliott Hill, a longtime Nike executive who came out ...