More than 1,600 jobs will be cut as Nike looks to lower expenses due to higher rental and interest rates which are leading customers to cut back on h…

Nike beat its third-quarter revenue and profit estimates, positioning the company to take advantage of surging demand for sports shoes and apparel.

Nike beat quarterly revenue and profit estimates, lifted by strong demand for its sports shoes and apparel in North America.

U.S. sportswear maker Nike lost its fight to stop a probe into its Dutch tax affairs, as Europe's second-highest court backed an EU investigation…