Company faces weak consumer spending and fallout from Trump’s escalating trade war. Read more at straitstimes.com.

Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a ...

Shares of Nike Inc. slid after hours on Thursday after executives at the sneaker giant warned that its current quarter could take the biggest hit from its turnaround efforts, as it tries to clear out ...

The sportswear brand said Thursday that sales in its current fourth quarter are expected to drop at a rate in the mid-teens from a year ago, albeit at the low end of that range, following a 9.3% ...

Nike (NYSE:NKE) turned lower in the postmarket session after the company warned that it faces a tough quarter. During the ...

Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.

Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...

CFRA analyst Zachary Warring said Hill can revive the company, but investors likely won't see the same growth from 10 to 15 ...

Nike makes some of the most desirable basketball shoes on the planet, but the sneakers frequently cost $100 or more. But that ...

Nike reported a smaller-than-expected decline in quarterly results on Thursday, showing the first signs of recovery as its ...

The shoe company has run into a slump, but a partnership with Kim Kardashian could be a step towards a turnaround.