Nike CEO blames remote work for innovation slowdown, saying it’s hard to build disruptive products on Zoom

Nike President and CEO John Donahoe. Source: Nike Nike CEO John Donahoe on Friday blamed remote…

Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again

Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike…

Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs

Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So |…

Stock futures tick higher following another record-setting day for the major averages: Live updates

A trader wears a t-shirt with Reddit’s logo, at the New York Stock Exchange (NYSE) in…

Nike holiday sales top estimates, helped by better than expected North America growth

Nike on Thursday reported holiday sales that beat estimates, helped by better than expected growth in…

The state of women’s sports: Top executives weigh in on parity, media share and NIL regulations

Guard Caitlin Clark #22 of the Iowa Hawkeyes listens as the crowd cheers after breaking the…

Foot Locker shares fall after heavy promotions lead to holiday-quarter losses

The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco,…

Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand

Employee Mo Soto arranges a shelf at a Birkenstock store on October 10, 2023 in Venice,…

Companies — profitable or not — make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s…

Nike to lay off 2% of employees, cutting more than 1,500 jobs during broad restructuring

A man wearing a protective face mask walks past a Nike brand store in Kyiv, Ukraine,…