Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.

Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.

Designer Brands Inc. (DBI), the parent of the DSW, The Shoe Co., and Rubino retail brands, and owner of the Topo Athletic, ...

Good day, and welcome to the Designer Brands Inc. fourth-quarter 2024 earnings call. [Operator instructions] Please note, ...

Nike makes some of the most desirable basketball shoes on the planet, but the sneakers frequently cost $100 or more. But that ...

Nike is shifting its online marketplace to a full-price model, reducing discounts.Revenue for Nike Direct was down 10% on a currency-neutral basis in fiscal Q3.CEO Elliott Hill had previously said the ...

The Blossom Kicks for Kids "District of Blossoms" Showcase returns for its second annual show. The program empowers students ...

If you're looking for a more affordable pair of On running shoes or ASICS Gel sneakers, you'll want to give Walmart's Avia ...