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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.
2h
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 ...
4h
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 ...
23h
on MSN
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 ...
Marie Claire US on MSN
18h
I Found 17 Trendy Sneakers That Are Secretly on Sale
I love a pair of heels as much as the next fashion girl, but I keep turning back to my favorite pairs of sneakers whenever ...
23h
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 ...
1d
on MSN
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 ...
18h
I Found 17 Trendy Sneakers That Are On-Sale for Less Than $250
When the Adidas Sambas became the shoe of the summer of 2024, Dakota Johnson started her own sneaker trend by wearing Nike's ...
1d
on MSN
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.
Sports Illustrated
5d
The Nike Kobe 9 Elite Low "Halo" Drops This Week
Fans unable to snag the
sneakers
on the
Nike
SNKRS app and website can expect to pay well above the retail price on sneaker resale platforms like StockX, GOAT, and KICKS CREW. Additionally ...
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 ...
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