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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'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 energize sales, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.
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 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 CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition. The company’s shares rose 9% in after-hours trading.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Footwear News on MSN
4h
The New York Liberty's Beloved Mascott Ellie the Elephant Has Her Own Nike Sabrina 2 - and You Can Buy a Pair
The New York Liberty has the most stylish mascot in the WNBA, Ellie the Elephant. Now, she has her own Nike sneaker. The team ...
17h
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.
1d
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 ...
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3d
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 ...
8h
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 ...
1d
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 ...
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 ...
3d
Nike Pays Homage to the Legendary Harlem Globetrotters With New Sneaker Set
A sneaker homage to the legendary Harlem Globetrotters exhibition basketball team is set to be released soon courtesy of Nike ...
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