Nike Inc (NYSE: NKE) ended 2023 by reporting declining revenue and profit despite beating both top and bottom line estimates ...

Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike’s new CEO Elliot Hill turn things around for the company?

With Hill's 30-year tenure at Nike, he is "intimately familiar with the channels," making him "the perfect person to lead this return back to distribution." ...

The plan initially saw increased direct sales, but as Covid lockdowns lifted in 2021, Nike's revenue from direct channels began stalling. Analysts say Nike's lack of product innovation and absence ...