Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.

He's considered the greatest NBA player of all time, but Michael Jordan is also a savvy businessman with a massive shoe ...

Michael Jordan and Nike, back when their names were not as famous. In this list, we are looking at the eight most expensive sneakers ever sold, from some gold-plated kicks to an Eminem ...

Almost all of that market is led by sneakers produced by Nike and, to a lesser extent ... and Stadium Goods. The most expensive shoes being traded right now are almost all shoes that were ...

Could the $17.2 billion athletic footwear industry get any bigger? After seeing the $89,000 Nike Air Mag sneaker, we're not so sure. Which brings us to the present. As of the latest number, the ...

so why did Jordans become so much more expensive? It all has to do with the value of the Jordan brand and how it makes and markets its iconic sneakers. Matt Powell: The fact that it's made in ...

Customers are changing their behaviors, passing up expensive sneakers and athletic clothing for basics. Nike is also trying to recover from strategy mistakes. The company is cutting back supply on ...

Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.

so why did Jordans become so much more expensive? It all has to do with the value of the Jordan brand and how it makes and markets its iconic sneakers. Matt Powell: The fact that it's made in ...

An curved arrow pointing right. Wang Zhijun is a designer who converts high-end sneakers into functional anti-smog masks. He started making them two years ago, after having problems finding a mask ...

Ben Affleck may be a sneakerhead, but he isn’t going to buy his children expensive things just because ... he was “blown out of the water” when he saw a pair of Nike Red Octobers. The Oscar-winner ...