Nike is walking back its new uniforms after backlash over racy cuts and cheap-looking fabric. CEO John Donahoe blames remote ...
Nike has spent a great deal of time looking to innovate, but now it wants to get back to the basics by focusing on its ...
Nike announced plans to lay off around 1,600 employees, or about 2% of its global workforce, as part of a $2 billion ...
Nike plans layoffs amidst restructuring, signaling shifts amid challenges and the departure of key figures like Tiger Woods.
Since Donahoe became CEO in January 2020, the S&P 500, a broad basket of stocks, has climbed 59%, while Nike’s shares are down nearly 9%, ending a charmed Wall Street run.
Nike CEO John Donahoe blamed remote work for a recent lack of innovation by the company in a CNBC interview Friday. “In hindsight, it turns out, it’s really hard to do bold, disruptive ...
John Donahoe has admitted it is 'really hard to do bold, disruptive innovation, to develop a boldly disruptive shoe, on Zoom'. He said the company, which has experienced its first quarterly ...
Shoe giant stumbled as CEO John Donahoe pulled away from retailers and relied on old hits. Now it says it’s refocusing on ...
Employees voiced questions about how Nike had reached its current state, especially considering its historical status as a ...
I talian fashion designer Riccardo Tisci is working on a new collection with Nike, sneaker industry sources tell Complex. The ...
Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan.