Nike's recent World Cup jerseys had a design flaw causing the shoulder to pucker and the company also struggled with on-time delivery to retailers.

At the recent London Marathon, two Adidas-sponsored athletes broke the sub-2-hour marathon record while wearing a new $500 running shoe from the brand.

Nike's CEO, Elliot Hill, is strategically focused on returning the company to its core sports identity.

Nike CEO Elliot Hill's strategy is focused on reversing initiatives from the prior CEO, John Donahoe, which included a shift to lifestyle products and cutting ties with retailers like Macy's and Amazo...

The Greater China market continues to be one of the most significant challenges for Nike.

Nike's stock has declined by 45% since Elliot Hill became CEO.