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Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...
As companies across the country have renewed their commitments to diversity, sustainability and other values that consumers are seeking more than ever, Nike has charted its five-year plan in its ...
“Nike makes these sorts of shoes, but Adidas is bigger in the category,” he added. ‘Returning to the good old days ’ Donahoe, CEO since 2020, will become a full-time non-executive employee ...
Nike (NKE) stock soared over 8% Friday after the sportswear giant posted better-than-expected quarterly financial results Thursday. So, let's take a look at where Nike performed the best and dive ...
Breaking2 was a project by Nike to break the two-hour barrier for the marathon. Nike announced the project in November 2016 and organized a team of three elite runners who trained for a private race. The event was held on the Formula One race track Autodromo Nazionale di Monza in Italy on May 6, 2017. [1] [2] [3] [4]
Bombshell news hit the sneaker world on Monday, as it was confirmed that Kobe Bryant’s contract with Nike had not been renewed by his estate. Kobe Bryant, who died in a helicopter crash in 2020 ...
Nike is considered to be the world's leading performance running shoe brand since the release of the Vaporfly. Looking at the fastest marathon times ever (at the time of writing) Nike-sponsored athletes using Vaporfly shoes have the top five spots while the number of major marathon winners sponsored by Adidas has halved, according to a Wall ...
The quarterly report is Nike's first since the company announced a CEO change amid lackluster sales growth. Elliott Hill, a former Nike executive who retired in 2020, will replace John Donahoe as ...