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 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.
Who is Elliott Hill? Meet Nike’s New CEO
Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of experience at Nike. Hill, 60, started at Nike in 1988 and retired in 2020, serving most recently as president of consumer and marketplace. He will return next month to become president and CEO of Nike, on Oct. 14
Nike Investors Glad Donahoe Is Out, but Hill Has Long Road Ahead
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
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.
Nike CEO changeup has investors optimistic as it returns to its product roots
Nike investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, and cleaning up the messes of its outgoing tech-focused C-sui
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 ...
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 ...
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
10 all-time greatest Nike NBA players
Nike has become a huge part of the NBA culture with many players endorsing the footwear. Here's the 10 all-time greatest Nike ...
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 ...
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 ...
10 greatest NBA players to wear Chinese sneakers
Although Nike, Adidas, and Jordan have been the biggest brands when it comes to sneaker deals in the NBA, Chinese sports ...
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How Deion Sanders Decides on Sneakers to Wear During Games
Deion Sanders led the way on Saturday night, rocking one of his "Coach Prime" Nike hoodies, shades, and a pair of his signature sneakers in an all-white colorway. It may seem like a ...
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 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 ...