Nike Stock Hits 7-Year Low, Market Cap Falls Below $100 Billion
Nike shares sank 3.8% on Friday and are now down 16.4% for the year, continuing a stunning reversal for the once high-flying brand that has faced layoffs, a CEO switch…
John Donahoe
Nike Q1 Earnings Fall 26% as Company Preps for New CEO
Nike reported first-quarter earnings per share of $0.70 that were 26% lower than last year, but easily topped estimates of $0.52. Revenue fell 10% to $11.59 billion and…
Jordan Growth, China Stagnation: How Nike Changed Under Donahoe
Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward direct-to-consumer sales has gotten much of the attention…
More From Our Brands
Variety
South Korean Animation ‘The Square’ to Close Far East Film Festival – Global Bulletin
Rolling Stone
‘No Bullshit, No Lag’: Why Turnpike Troubadours Wasted No Time in Dropping Surprise New Album
ArtNews
How Walton Ford’s Loudest Paintings Redirect Your Gaze
BGR
iPhone 16 finally launches in Indonesia after lengthy ban
Billboard