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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 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’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 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.
Nike's new CEO may look to mend retailer ties in sales revival push
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.
3h
on MSN
Kevin Durant's Retro Nike Sneakers Support Cancer Awareness
Phoenix Suns forward Kevin Durant has the second-longest-running signature sneaker line among active NBA players. One of the ...
1d
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 ...
6h
Elliott Hill Loved Nike and Left It. Now He’s Back as CEO
Nike’s incoming chief is inheriting a demoralized workforce and a brand that has lost market share to rivals.
38m
on MSN
T.J. Watt Wears Iconic "Space Jam" Sneakers to Steelers Game
Pittsburgh Steelers lineback T.J. Watt wore the Air Jordan 11 Low "Space Jam" before Sunday's game against the Los Angeles ...
1h
Nike Gives the Air Max 1 A Heroic "Batman" Colorway
At the time of writing, the Air Max 1 “Batman” (or, officially, “Black/Opti Yellow) has yet to receive a release date.
2d
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 ...
2d
Nike veteran Hill to replace Donahoe as CEO; shares jump
Sept 19 (Reuters) - Nike (NKE.N) said on Thursday that former senior executive Elliott Hill will rejoin the company to ...
9d
Nike's Iconic Cortez Sneakers Are 30% Off Right Now, and Shoppers Say They're 'Comfortable from Day One'
If you're on the hunt for a new pair of white sneakers, the Nike Cortez is always a safe bet for comfort and style. And, at ...
2d
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 ...
Footwear News on MSN
1d
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 ...
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