Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great stories around its shoes, an analyst told BI.
Nike names company veteran Elliott Hill as new CEO, replacing John Donahoe
Nike on Thursday named a company veteran, Elliott Hill, to be its next CEO, an announcement that immediately boosted the company’s flagging stock price and elicited cheers from insiders. Hill, 60, will succeed embattled CEO John Donahoe on Oct.
Nike's new CEO may look to fix retailer ties in sales revival push
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat under outgoing chief John Donahoe, industry experts said on Friday.
Nike names former executive Elliott Hill as CEO
Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on Oct. 14. John Donahoe, Nike's current CEO, will retire effective Oct. 13 and will remain an advisor to the company until January 2025.
Nike's new CEO acknowledges the brand's rough run in his first message to staff
In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.
Nike's next CEO Hill brings a bootstraps mentality
Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ingrained in him as the son of a single mom in a working class Texas neighborhood.
Nike reemplaza a CEO por veterano Hill en intento por resurgir
Nike Inc. destituyó al director ejecutivo John Donahoe, y trajo al ejecutivo Elliott Hill en un intento por devolver a la marca deportiva en crisis a sus días de gloria.
Nike Announces New CEO as John Donahoe Retires
Nike announced 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.
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
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Exciting Travis Scott Jordan and Nike Releases Expected in Late 2024 and Early 2025
Travis Scott continues his iconic collaboration with Nike and Jordan brands, with several exciting releases planned for late ...
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
Nike's new CEO: What to know
Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing ...
NBA City Edition Nike Jerseys for 2024-25 Season Reportedly Leaked in New Photos
The NBA usually unveils the latest batch of City Edition jerseys in November, but fans got a first look a little early this ...
Why Nike Just Did It
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Retail Dive1d
Nike taps new CEO amid DTC challenges
In the midst of correcting a DTC strategy that went too far, Nike CEO John Donahoe is leaving the business, the company said in a Thursday press release. He will retire ... Upon taking on the ...
Business Insider11h
Nike (NKE) Receives a Buy from Goldman Sachs
However, today, J.P. Morgan maintained a Hold rating on Nike (NYSE: NKE). Based on Nike’s latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of ...
Atlanta Journal-Constitution50m
Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higher
Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally.