Sneakerheads and footwear insiders tell us why Nike is on the right track

Tech Insider : Business, Sports, Style
Lamar Stewart with his shoe collection
Lamar Stewart has over 100 pairs of shoes in his collection.

Lamar Stewart

Nike's new CEO said the company messed up 3 key areas that he's trying to fix — and it's bad news for customers who like cheap stuff

Tech Insider : Business, Sports
Pedestrians walk past a Nike store in China.
Nike needs to refocus on five key sports areas and hold fewer sales, among other areas, the CEO said.

Cheng Xin/Getty Images

The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and Boeing

Tech Insider : Business, Economy, Environment
A Cargill meat processing plant in Arkansas.
Cargill is cutting 5% of its workforce.

Spencer Tirey/Getty Images

It's the first day for Nike's new CEO. He has a long road ahead.

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Incoming Nike President & CEO Elliott Hill wears a black Nike shirt
Elliott Hill starts as Nike's CEO on Monday.

Nike

Skims wants to be the new Nike. Brand experts say that's a pipe dream.

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Kim Kardashian during a photoshoot for Skims
Kim Kardashian during a photoshoot for Skims.

MEGA/Getty Images

Nike's new CEO has a big uphill struggle ahead

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Nike has tapped its veteran executive Elliott Hill to be its new CEO.
Nike has tapped its veteran executive Elliott Hill to be its new CEO.

Nike, NurPhoto/Getty Images

The rise and fall of Allbirds: How the buzzy sneaker company went from IPO darling to trading below $1

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A neon Allbirds sign on the side of a grey building.
Allbirds announced weak earnings in August.

Spencer Platt/Getty Images

Nike's trying to pivot. It's not working just yet.

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A nike store exterior in Spain
A Nike store in Spain.

Xavi Lopez/SOPA Images/LightRocket via Getty Images

Shaquille O'Neal says the stakes are high for Reebok as it eyes a return to basketball: 'If this doesn't work, everyone's leaving'

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Shaquille O'Neal
Shaquille O'Neal.

Jay Biggerstaff/Getty Images

A former Facebook and Nike DEI manager got 5 years in prison for stealing $5 million to fund her luxury lifestyle

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Barbara Furlow-Smiles at the 2020 Sisters' Awards at Skirball Cultural Center in Los Angeles
Barbara Furlow-Smiles at the 2020 Sisters' Awards at Skirball Cultural Center in Los Angeles, on March 8, 2020.

Robin L Marshall/Getty Images

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