While job cuts dominated headlines in the years following the post-pandemic spending boom, 2024 seemingly saw a slowdown in ...

Elliott Hill, Nike Inc.’s new chief executive, said Thursday that he wants to turn the company around by making gear that’s more deeply informed by athletes’ input, after pushing streetwear ...

Earlier this year it unveiled plans to cut 1,600 roles as it looks ... When making the announcement to staff about job cuts, Nike chief executive John Donahoe – who replaced its much-lauded ...

The app will then tell shoppers what size to buy each of its shoes in, which Nike hopes will get you in the right fit and cut down on costly returns as it seeks to sell more of its goods through ...

Nike announced its cost-cutting plans in ... of a strategy implemented by returning CEO Bob Iger. Intel plans to cut thousands of jobs in response to a second-quarter earnings slump, Bloomberg ...

Shares of NIKE stock opened at $76.94 on Friday. The company has a quick ratio of 1.58, a current ratio of 2.36 and a debt-to-equity ratio of 0.57. The company has a market cap of $115.36 billion ...

In his first two months on the job, Mr Hill cut tech spending ... tariffs on most imports into the US could complicate Nike’s recovery plans. It makes most of its footwear in Asia.

Nike's NKE.N new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running ...

Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the ... At least seven brokerages cut price targets on ...

On Friday, Williams Trading adjusted its outlook on shares of Nike Inc (NYSE: NYSE:NKE), reducing the price target to $93 from the previous $97 while still endorsing the stock with a Buy rating. The ...

(Reuters) -New Nike ... plans to shift focus) away from some of the streetwear and fashion that had taken over the brand, the heavy discounting and the neglect of retailers. Just taking it back to ...

Nike plans to slash over 1,600 jobs in cost-cutting drive Hill vowed to put Nike back on track by refocusing its business on sport and selling more items at premium prices, but added “the shift ...