Shares of Nike (NKE) are rallying after the company announced that CEO John Donahoe will be stepping down next month after a ...
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...
In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
But with Donahoe's shift, Nike also shrunk its partnership with third-party sellers like Foot Locker and created more shelf ...
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...