These will be available exclusively through the Nike SNKRS website and app. The Nike Ja 1, Morant's debut signature shoe, was ...

Womens National Basketball Association Playoffs Game 1 - Chicago Sky v New York Liberty Betnijah Laney (44 New York Liberty) is helped up by teammates during the WNBA, Basketball Damen, USA playoffs ...

Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And ...

The Memphis Grizzlies are getting ramped up for training camp and Ja Morant plans to do so in style. Morant released another ...

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...