During one of the timeouts at the London NBA match between Orlando Magic and the Memphis Grizzlies, two fans played a game of tic-tac-toe. Only instead of noughts and crosses, the playing pieces were ...

Nike is downgraded from hold to sell due to unsustainable dividends, margin compression, and overvaluation. Despite a 1% revenue increase and North American strength, NKE's net income fell 32% and ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Shares fell to about $58 before the opening bell on Friday, down from a prior close near $65, as investors digested a sharp earnings decline and continued margin pressure tied to tariffs, inventory ...

China weakness and tariffs continue to weigh heavily on Nike's profits. The company's direct-to-consumer sales are still declining. Fiscal 2026 is shaping up to be a transition year -- not a comeback ...

It has been two years since Phoenix Suns shooting guard Devin Booker's first signature Nike basketball shoe launched in extremely limited numbers at Art Basel. After dropping in every style imaginable ...

Nike's NIL collective will feature 10 LSU athletes (pictured) across six sports. Courtesy of Nike Nike is expanding its footprint in the name, image and likeness space. The renowned footwear and ...

Nike on Tuesday announced a series of leadership changes designed to accelerate decision making as Chief Executive Officer Elliott Hill enters the second year of a corporate reboot. The moves include ...

Nike has surrendered its running shoe dominance to competitors like Hoka and On as the sportswear giant lost focus on performance innovation. CEO Elliott Hill is overhauling Nike’s running division ...

Nike became a global sportswear empire thanks to its commitment to two key things: athletes and innovation. The brand recentered its approach last year to emphasize these core elements of its business ...

Nike has taken a bold step into the future with Project Amplify, the world's first motor-powered footwear system made for people who love to move. Created with robotics partner Dephy, the design ...

Meara covers streaming service news for CNET. She graduated from the University of Texas at Austin with a degree in journalism. When she's not writing, she likes to dote over her cat, sip black coffee ...