Nike (NYSE:NKE) is cutting jobs and reshaping its Converse division as part of a new turnaround plan. The restructuring is being led by Converse CEO Elliott Hill under a "Win Now" initiative.
After years of falling sales, cost cuts at Converse may have been inevitable.
Feb 9 (Reuters) - Nike-owned Converse brand's employees were instructed to work from home this week as the sportswear giant ...
Feb 12 (Reuters) - Nike-owned Converse is cutting corporate roles as it aligns its operating model with its sportswear giant ...
Employees of Nike’s ailing Converse brand have been told to work from home this week ahead of a round of layoffs, according to a Bloomberg report. The struggling brand also is expected to be ...
Nike (NKE) is overhauling its Converse unit after prolonged sales pressure, cutting jobs and reshaping leadership as part of ...
Nike appears poised to make deep cuts at its Converse business, according to an internal memo spotted by Bloomberg.
Nike’s own filings show Converse has been a weak spot inside the portfolio: Converse revenue fell roughly 19% to about $1.7 billion for the fiscal year ended May 31, 2025, according to Nike’s investor ...
Converse employees have been instructed to work from home ahead of layoffs and restructuring at the struggling Nike Inc. brand.
BBN and ’90s basketball fans can now celebrate the 30 year anniversary of Kentucky's denim-dripped '96 Championship team with the release of the CONS BLUE sneakers.
A week before the final season of "Stranger Things" releases, Nike and Converse have launched an exclusive line of sneakers inspired by the popular Netflix series, set in the '80s. Nike and Converse ...