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.

Converse employees have been instructed to work from home ahead of layoffs and restructuring at the struggling Nike Inc.

After years of falling sales, cost cuts at Converse may have been inevitable.

Feb 12 (Reuters) - Nike-owned Converse is ⁠cutting ⁠corporate roles as ⁠it aligns its operating model with its ​sportswear ...

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 ...

PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW news partner. The full story is here. Nike is planning layoffs for its struggling Converse brand, according to a Bloomberg ...

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 ...

Nike appears poised to make deep cuts at its Converse business, according to an internal memo spotted by Bloomberg. Converse Chief Executive Officer Aaron Cain warned employees that the brand had to ...

The Swoosh is cracking down on websites and other platforms trying to replicate its iconic designs. Nike and Converse last week filed a lawsuit against more than 100 defendants alleging the ...