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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 last year.
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next month. Hill is a familiar face, spending basically his
Nike's CEO is leaving — and its next chief is coming out of retirement
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
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 names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
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.
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Nike Drops New Limited-Edition Air Jordan 1 Retro Low ‘Mocha’ Sneakers: Here’s Where to Get A Pair Online
Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And ...
19m
From 737s To Sneakers, It’s The Same Sad Story
For two generations, American companies have been run to maximize short-term financial returns instead of to produce great ...
18h
on MSN
Nike’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...
19h
on MSN
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
21h
Nike's new CEO may look to mend retailer ties in sales revival push
Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...
11h
on MSN
Grizzlies news: Ja Morant shows off signature Nike shoes
Ja Morant's public relations push is gaining momentum thanks to an inside look at the new Nike Ja 2 shared to social media.
21h
Nike stock surges 8% as new CEO Elliott Hill tries to rally the troops
Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...
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Best Fall Sneaker Trends for Stepping Up Your Style This Season, Including Adidas, PUMA, Nike & More
When you're talking about sneaker trends, adidas Sambaes always seem to be part of the conversation. These retro sneakers are ...
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Nike to New Balance: Top 5 classic sneakers you can wear to work
Nowadays, the workplace is different, and distinctions between work and casual style have gone down the drain, making it ...
1d
‘Things haven’t been easy’: New Nike CEO’s first words to staff
Nike sales have dropped as consumers have grown tired of its lifestyle sneakers. Read more at straitstimes.com.
Footwear News on MSN
2d
Serena Williams Has a New Nike Lifestyle Sneaker as Part of Her Fall Design Crew Collection
Serena Williams has received a new Nike lifestyle sneaker to call her own as part of the fall Serena Williams Design Crew ...
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