Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street expectations.
Nike 4Q profit declines on costs to cut jobs
Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street...
Nike promotes Allaker to head Umbro
Shoe and apparel company Nike Inc. said Monday that Jim Allaker will take over as the new CEO and president of Umbro.
Nike to cut about 1,750 jobs worldwide
Shoe and apparel company Nike Inc. said Thursday that it will cut about 1,750 jobs worldwide, or 5 percent of its global work force.
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