Cook is the lead independent director and boosted his holdings in the company to about 105,000 shares.
Cook is the lead independent director and boosted his holdings in the company to about 105,000 shares.
The activist investor is reportedly lobbying for a new leader at the company after CEO Calvin McDonald will step down on January 31.
The company confirmed that a bridge loan and credit lines will bring a fresh infusion of cash as speculation of a sale of the brand persists.
According to published reports, members of the Curry Brand team have been reassigned while other roles have been eliminated.
Finding a renewed approach to regaining its footing in China is a top priority for Nike as its second quarter earnings report released on Thursday revealed its sixth straight quarterly decline in sales in the region despite beating Wall Street analysts estimates. Overall sales climbed 1 percent in its second quarter, which ended on November …
Sydney McLaughlin-Levrone, Gabby Thomas, Josh Kerr, Kenny Bednarek and Mariledy Paulino are at the top of the shortlist of athletes who are collectively owed more than $1 million in prize money and appearance fees by Grand Slam Track, according to court document disclosures following the league's bankruptcy filing. Last week Grand Slam Track filed for …
A List of Suitors Grows As The Task of Restoring The Brand Continues
Garmin released its Year in Review data insights report that took a deep dive into the user trends on its platform in 2025, and running continues its reign while racket sports is an unstoppable riser among its customers. From music to fitness, companies like Strava and Spotify cultivating massive digital footprints are giving detailed looks …
The Running Event touched down in San Antonio, Texas for the first time with a larger venue to serve as host, noticeably more exhibitors and a bold sign that at the retail level, the running industry can double down on a bet to thrive in a sport locked in on consuming indefinitely. Last week's event, …
Running Lab took home top retail honors at The Running Event when it was named 2025 Store of the Year in an award that recognized the specialty retailer making contributions to runners, staff and its local community. The Brighton, Michigan store and owners Toni Reese and Ken Larscheid were highlighted at TRE's closing presentation on …