Nike’s stock has been dogged by these issues. Can a new CEO change the game?
To revive demand, Nike is cutting production on lower-selling classic sneakers and making newer products a larger part of its business. “A comeback at this scale takes time,” Nike CFO Matthew Friend said during a June conference call to discuss the ...
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
Can a new CEO make Nike cool again?
Struggling sportwear brand Nike brings in new CEO
Nike Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
Nike CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the ...
Michael Jordan's 1993 NBA Playoff Sneakers Hit Auction Block
Chicago Bulls legend Michael Jordan's game-worn sneakers from the 1993 NBA Playoffs are available at an auction.
Nike's New CEO Elliott Hill To Focus On Repairing Retailer Relations
Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
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Nike is making a major shakeup as competition rises, sales fall
Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
Nike's Iconic Cortez Sneakers Are 30% Off Right Now, and Shoppers Say They're 'Comfortable from Day One'
If you're on the hunt for a new pair of white sneakers, the Nike Cortez is always a safe bet for comfort and style. And, at ...
Lakers News: Nike Honors Kobe Bryant with Limited Halloween Collection
Nike's special Halloween collection honors Kobe Bryant with the Kobe 5 Protro X-Ray sneakers and a tee celebrating his ...
Jordan Brand Drops New Luka 3 Sneakers in Various Colorways
Jordan Luka 3 basketball sneakers 'Motorsport,' 'Speedway' (in various colorways) are available right now. Here's where to find and buy a pair online.
Nike: Management Shift and Financial Outlook Prompt Hold Rating
Nike (NKE – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Alexandra ...
Nike Replaces CEO Donahoe With Veteran Executive in Revival Bid
Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...