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Nike names new CEO, Elliott Hill
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
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.
Nike CEO John Donahoe to step down; will be replaced by Elliott Hill
Donahoe’s last day with Nike will be Oct. 13, but the company said in a news release he will remain as an adviser through the end of January. The embattled CEO, who took the helm at Nike in January 2020, will be replaced by Elliott Hill, a former Nike executive who retired in 2020.
5h
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.
12h
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 ...
Her Zindagi Hindi
1d
Best Nike Running Shoes (September 2024): Top Choices Under Budget
Check out the best collection of Running shoes from a renowned brand, Nike, which is very popular for its comfort and style.
E!
2d
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 ...
1d
on MSN
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 ...
1d
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 ...
1d
on MSN
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
1h
on MSN
Which brands own the most iconic sneaker lines?
Nike Inc (NYSE:NKE) and Adidas AG (ETR:ADSGN) dominate the market for iconic sneaker lines, outpacing other sportswear brands ...
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Elliot Hill
John Donahoe
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