Nike's New CEO May Look to Fix Retailer Ties in Sales Revival Push
(Reuters) - 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's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.
Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could help turn Nike around.
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
Nike Replaces CEO With Veteran Executive Hill in Revival Bid
Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.
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 last year.
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
Nike welcomes new CEO with $27 million payday
Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock soaring on the news. Hill, 60, is returning to Nike four years after retiring from the sneaker giant.
Nike is struggling. It’s shaking up its CEO
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’s stock rose 9% during after-hours trading Thursday,
Nike Unveils Sabrina Ionescu's Shoes for WNBA Playoffs
New York Liberty guard Sabrina Ionescu has two new colorways of her second signature Nike sneaker dropping on October 1.
KRDO1d
Nike is getting a new CEO as struggles mount
New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...
Jordan Brand Drops New Luka 3 Sneakers in Various Colorways
Jordan Luka 3 basketball sneakers 'Motorsport,' 'Speedway' (in various colorways) are available right now. Here's where to find and buy a pair online.
KTVZ14h
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 ...
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 ...
Sports Business Journal10d
Nike grappling with lack of optimism over future amid 'missteps' in Donahoe's tenure as CEO
Five years after starting as Nike CEO, much of the optimism that surrounded John Donahoe’s arrival is gone as the company’s stock is down 20% in that span.
Nike Pays Homage to the Legendary Harlem Globetrotters With New Sneaker Set
A sneaker homage to the legendary Harlem Globetrotters exhibition basketball team is set to be released soon courtesy of Nike ...
Hip-Hop Wired28d
Nike Announces New Partnership With LEGO Group
With Nike having taken all kinds of fiscal losses in 2024, the Swoosh brand is planning on making 2025 a helluva year with their massive amounts of retro grails set to return all throughout the year ...
Licensing.biz28d
Lego and Nike unite to elevate the power of creative play and sport
The Lego Group and Nike have announced a multi-year partnership that will celebrate creative play and sport, offering new opportunities for children and families worldwide. The Lego Group and ...
Business Insider on MSN9h
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO. In the past few years, Nike ...