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Nike CEO says sneaker giant ‘lost its obsession with sport’

Nike's earnings on Thursday beat modest expectations, sending the stock briefly higher, but the company quickly dashed investor expectations, with the stock plummeting as executives predicted a double-digit decline in third-quarter sales. fell. Nike's new chief executive, Elliott Hill, warned of short-term pain as the struggling sportswear retailer tries to revive sluggish demand for its […]

Las Vegas is now America’s most exciting sport town

Las Vegas, a city once known for its underworld origins, dazzling neon signs, and 24/7 party atmosphere, is now something else, the unexpected epicenter of American sports. . The arrival of the NFL, Formula 1 racing, the National Hockey League, WNBA, and soon Major League Baseball turned Sin City into a sports city. There, fans […]