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.
Elliott Hill Named New CEO of Nike as Company Restructures
CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant, Nike.
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 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 ...
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 ...
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 ...
SNX: The Week’s Best Sneakers, Featuring The Patta x Nike Air Max 1 Chlorophyll, Jordan 1 High OG Midnight Navy & More
K-Pop’s G-Dragon is hitting Nike with his latest design, a slight alteration of the mighty Air Force 1. The sneaker sports a black leather upper with multi-colored Swooshes, daisy tongue tags, and a ...
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5 cheap yet classy sneakers from Nike and Adidas
Nike and Adidas are renowned not only for their iconic logos but also for their exceptional performance sneakers. Both brands offer a diverse range of athletic footwear that combines comfort ...
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 ...