Nike revealed in an 8-K filing on Thursday that it will report pre-tax charges of $300 million, primarily in employee ...

Late Thursday, Nike (NKE) said it plans to take a $300M pretax charge tied to employee severance costs over the past nine ...

These costs, the company said, are primarily associated with employee severance costs incurred substantially in the third ...

Add Yahoo as a preferred source to see more of our stories on Google. Nike and Converse announced the launch of a "Stranger Things" collection on Nov. 20. The collection features at least five ...

Nike, Inc. (NYSE:NKE) has launched a major restructuring initiative that includes broad workforce reductions across its U.S. operations and the Converse brand. The company expects about $300 million ...

The Swoosh is cracking down on websites and other platforms trying to replicate its iconic designs. Nike and Converse last week filed a lawsuit against more than 100 defendants alleging the ...

Nike-owned Converse brand’s employees were instructed to work from home this week as the sportswear giant makes strategic changes to recapture sales growth, Bloomberg News reported on Monday, citing a ...

There are several important days on the sports calendar for the sneaker industry, but nothing can compare to the hype surrounding NBA All-Star Weekend. Every year, footwear companies showcase the best ...

UK basketball brought back its denim uniforms earlier this season. Now, more denim apparel is available for fans to buy.

A week before the final season of "Stranger Things" releases, Nike and Converse have launched an exclusive line of sneakers inspired by the popular Netflix series, set in the '80s. Nike and Converse ...