Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

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.

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...

Donahoe’s last day with Nike will be Oct. 13, but the company said in a news release he will remain as an adviser through the ...

Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

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 ...

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Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.