Nike boss steps down as company veteran returns - BBC News
WEB13 hours ago · The boss of Nike will step down next month, making way for a company veteran to take his place as the leader of the world's biggest sportswear company amid tough competition in the retail sector ...
Nike names Elliott Hill as new CEO; John Donahoe to retire
WEB15 hours ago · The company named Elliott Hill president and chief executive officer, effective Oct. 14, 2024. Donahoe was tasked with bolstering Nike's online presence and drive sales through direct-to-consumer channels. The push initially helped the company build on the demand for athleisure following the pandemic, resulting in Nike touching over $50 billion in annual sales in fiscal 2023 for the first time.
The Latest Stories. Nike UK
WEBLearn how to turn algae into natural plastic, and get a life lesson in pursuing what you're passionate about, from Nike designer Rikke Bonde. Find limitless inspiration in the latest stories from Nike. Browse coaching and culture articles, and get to know the people, places and innovations that are moving the world forwards.
How a series of blunders brought Nike's share price to COVID ... - Sky News
WEBJul 9, 2024 · The move recognises that Nike blundered hugely in redirecting its products from third party retailers to its own stores and websites, a key strategy of John Donahoe, Nike's chief executive since ...
Nike faces uphill climb in sneaker wars - Financial Times
WEBJun 15, 2024 · Jordan-driven sales growth has blinded Nike to growing competition in the performance products category that caters to casual and serious athletes. In running, Nike has lost ground to Hoka .
Nike shares tumble as it loses ground to upstart rivals - BBC
WEBThe news sent Nike shares plunging more than 12% in after hours trading, which could mean a loss of $15bn in market value if the losses hold on Friday. The world's largest sportswear company also...
Nike shares tumble 20% as sales warning rattles retailers
WEBJun 28, 2024 · The news of declining demand in Nike’s stores and online sent its shares down 20 per cent on Friday. That prompted smaller falls in retail stocks from London-listed JD Sports to US...
Has the Nike trainer bubble burst? | UK News | Sky News
WEBAug 28, 2024 · A whopping $28bn (£21.6bn) was shaved off in market capitalisation overnight after the company's management reported an expected sale drop in early 2025. But why has this happened? Nike remains the biggest sports retailer in the world and still has the largest slice of market share.
NIKE, Inc.
WEBSep 5, 2024 · Read the latest NIKE, Inc. news and product announcements. Download high res imagery and press release copy.
NIKE, Inc. Announces Return of Long-Time Nike Veteran Elliott …
WEB14 hours ago · September 19, 2024. (Beaverton, OR) -- September 19, 2024 -- The Board of Directors of NIKE, Inc. (NYSE:NKE) announced today that Elliott Hill will become President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024. Hill will also become a Director of the NIKE, Inc. Board of Directors and a …