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Nike expects sales will plunge in current quarter as it faces...

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Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter, as the sneaker giant's turnaround plan...

Ad spending on women’s sports more than doubled last year

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The New York Liberty celebrate after winning the 2024 WNBA Finals at Barclays Center.Wendell Cruz | Usa Today Sports Via Reuters ConWomen's sports...

Foot Locker results show the sneaker industry — and Nike —...

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Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its...

Nike teams up with Kim Kardashian shapewear brand Skims as it...

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Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan...

Adidas to cut up to 500 jobs after posting better-than-expected holiday...

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Adidas shoes are displayed at a DSW store in Novato, California, on Jan. 31, 2024.Justin Sullivan | Getty ImagesAdidas plans to cut as...

From Nike to Intel, CEO departures at U.S. companies hit a...

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Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former...

Nike CEO Elliott Hill outlines new strategy after retailer blames promotions...

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Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024.Frederic J. Brown | Afp | Getty ImagesNike's...

Nike renews its contract with the NFL after league briefly courted...

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Nike football shoes are seen in a store in Krakow, Poland, on Aug. 29, 2024.Jakub Porzycki | Nurphoto | Getty ImagesNike has renewed...

Lululemon stock jumps as international growth helps to offset slowing U.S....

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Lululemon's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in...

Foot Locker shares tumble as it issues gloomy holiday outlook, sees...

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Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker slashed its full-year guidance Wednesday after reporting a rough...