Young people are splurging on sneaker loafers. See 3 styles of business casual 'snoafers' that resell at a premium.

Tech Insider : Business, Style
The New Balance 1906 sneaker loafer
New Balance leads the trend in the number of sales since its snoafer was released, StockX said.

New Balance

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.

Tech Insider
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.

Tech Insider
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

Tech Insider
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

Tech Insider
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.

Tech Insider
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'

Tech Insider
Shaquille O'Neal
Shaquille O'Neal.

Jay Biggerstaff/Getty Images

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