Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. NKE continues its cost-saving measures by reducing its workforce. Nike is implementing a $2 billion plan to...
Adidas AG ADDYY has seen a surge in sales thanks to its Samba and Gazelle shoes, despite a decline in North American sales. What Happened: Adidas’...
Hibbett, Inc. HIBB shares are trading higher by 18% in the premarket session on Tuesday. Hibbett announced a definitive agreement in which JD Sports Fashion PLC JDSPY will acquire Hibbett for...
Nike, Inc. NKE is reportedly set to cut around 740 jobs at its Oregon headquarters, aiming to trim expenses following a projected revenue decline in the first half...