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Nike’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief executive officer, but good vibes alone won’t be enough to fix a company in turmoil.
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.
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 down as CEO.
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.
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
Nike (NKE) ’s board unexpectedly announced yesterday (Sept. 19) that CEO John Donahoe would retire next month after four years at the helm of the world’s largest athletic wear company. The announcement came amid slowing sales and a year of stock decline.
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.
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 Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Key Takeaways Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO.Jefferies stuck with its hold rating noting that Hill will have to handle headwinds including more competition since he left the firm four years ago.
22h
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 ...
2d
on MSN
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 ...
Athlon Sports on MSN
2h
Ja Morant shows off his new Nike signature shoes
The All-Star guard recently teased an exclusive, one-of-a-kind
Nike
Ja 2 colorway, giving fans an exciting preview of ...
1h
5 sneakers every sneakerhead woman should own
Women always find reasons to buy a new pair of sneakers, and when paired with jeans, they become two of the most comfortable ...
1d
on MSN
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.
1d
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 ...
3d
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 ...
Sports Illustrated on MSN
19h
Donte DiVincenzo Debuts New Shoes in Knicks Colors
Fans will notice that the 'Knicks' colorway features DiVincenzo's
new
signature logo ... The former first-round draft pick began his career with
Nike
before flirting with PUMA in
sneaker
free ...
1d
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 ...
17h
The New York Liberty’s Beloved Mascott Ellie the Elephant Has Her Own Nike Sabrina 2 — and You Can Buy a Pair
Ellie the Elephant joins the likes of actor Jason Sudeikis, who is a regular courtside at Liberty games, to have a Nike ...
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