What's more, Nike's legacy franchises, like the Air Jordan 1s, Dunks, and Air Force 1s, lost their cool factor. The business was producing too much of these, leading to excess promotional activity.

Particularly popular on Boxing Day, bubble and squeak is a great way to use up the leftovers from a roast dinner. Celebrity chef Jamie Oliver shared his delight in creating the perfect version of ...

Aneesha Sherman, Bernstein analyst, joins 'Squawk on the Street' to discuss if Nike's CEO can fix the company's problems, how quickly the wholesale relationships can be fixed, and much more.

With rivals launching more comfortable, better cushioned shoes, Nike has been fighting back, shelling out money to introduce new products such as Air Max 95 and to promote staple franchises such ...