Company

Nike

Nike is a multinational corporation that designs, develops, and sells athletic footwear, apparel, and equipment.

Why it’s in the news: It is in the news due to ongoing job cuts, a forecasted revenue decline, and poor stock performance.

Latest on Nike

  • Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop
  • This could be the worst year ever for Nike’s stock, with sales set to fall further
  • Nike to cut jobs as it forecasts revenue decline in the coming year
  • Nike’s stock is one of the worst in the S&P 500 — and BofA says it’s not done sliding
  • Swiss sports brand On signs Kylian Mbappé in blow to Nike
  • Mbappe leaves Nike, signs with On as it forays into soccer

Connections

40 entities linked to Nike across the news graph.