Nike

Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.

A former DEI executive for Facebook and Nike has been sentenced to five years behind bars after pleading guilty to stealing millions from the companies in a kickback scheme.

Caitlin Clark reportedly landed a shoe deal with Nike and agreed to an 8-year deal worth up to $28 million. The Wall Street Journal first reported the deal.

Caitlin Clark fans that weren't able to get an Indiana Fever jersey to wear this season will have a wait because Fanatics and Dick's Sporting Goods don't have enough stock.

The NCAA basketball tournament tips off this week and while athletes compete on the court, brands like Nike, Jordan, Under Armour and Adidas are vying for exposure in March Madness.

Nike fans are encouraged to make the most of their brand loyalty with the company's membership program, touting access to custom products, discounts and expedited service.

Nike is laying off 2% of its corporate workforce to cut costs. The company seeks to invest in priority areas such as running and its Jordan brand, according to CEO John Donahoe.

Foot Locker, in partnership with Nike and Jordan Brand, will unveil The Clinic, a year-long program designed to connect hoopers, at the 2024 NBA All-Star Game in Indianapolis.

Tiger Woods announced on Monday that he and Nike have parted ways after more than 27 years together. Woods said there is more to come on his next steps.

The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year.

Nike sued rival shoemakers New Balance and Skechers on Monday, accusing both companies of patent infringement for allegedly copying Nike-developed technology.

The UAW strike against Detroit's Big Three continues, plus earnings from Nike, Costco, CarMax and Carnival Corp. are on tap. And FOX Business Network hosts the Republican debate.

Nike has decided to abandon a store it had temporarily closed in Portland, Oregon due to "theft and safety" issues, according to a local outlet's report.

Nike shares have fallen for 10 straight days as a series of retailers deliver bad news, adding to existing headwinds in both the U.S. as well as abroad for the sporting goods giant.

Nike and Kobe Bryant's estate have agreed to relaunch the late NBA Hall of Famer's shoe line. The relationship previously ended in 2021 after 18 years.

Memphis Grizzlies star Ja Morant appeared to have his signature Nike shoe dropped from the retail website amid the latest gun incident.

Kevin Durant has joined Michael Jordan and LeBron James as the only athletes to sign lifetime contracts with Nike after Durant's deal was announced Friday.

Just hours before the NFL Draft, the Jordan Brand announced that quarterback Bryce Young had agreed to terms of a multi-year footwear and apparel deal.

Bidding for a set of sneakers basketball legend Michael Jordan donned during an NBA Finals game in his last season with the Chicago Bulls closes later Tuesday.

With the release of film "Air" rapidly rapidly approaching, the partnership between Hall of Famer Michael Jordan and Nike is receiving attention - and how much its worth has grown.