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 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 shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Nike welcomes new CEO with $27 million payday
Veteran executive Elliott Hill retired from the retailer in 2020—and he’s back.
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'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 CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
Nike shares swoosh higher after new CEO is named
Athletic equipment and sportswear giant giant Nike (NKE) is as big name there is in its chosen business. It makes all sorts of shoes, uniforms, basketballs and related gear. Its best-known product is the Air Jordan line of basketball shoes.
EconoTimes1d
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 ...
Milwaukee Journal Sentinel17d
Nike releases new Cincinnati Bengals sneaker, check out the 2024 Air Zoom Pegasus 41 shoe
The Cincinnati Bengals open the season on Sunday, Sept. 8 at home against the New England Patriots. To celebrate the start ...
Nike releases Kentucky running shoe to celebrate start of college football season
Check out the new Wildcats Nike Air Zoom Pegasus 41 running shoe, part of Nike’s 2024 NCAA Collection ahead of college ...
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 ...
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 ...
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 ...
‘Things haven’t been easy’: New Nike CEO’s first words to staff
Nike sales have dropped as consumers have grown tired of its lifestyle sneakers. Read more at straitstimes.com.
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 ...
Nike releases new Buffalo Bills sneaker, check out the 2024 Air Zoom Pegasus 41 shoe
To celebrate the start of the NFL season, Nike has released their Air Zoom Pegasus 41 NFL Collection, and these shoes are ...
Nike releases new New Orleans Saints sneaker, check out the 2024 Air Zoom Pegasus 41 shoe
The New Orleans Saints open the season on Sunday, Sept. 8 at home against the Carolina Panthers. To celebrate the start of ...
EconoTimes4d
Nike Stays Committed to Skateshops in 2025 With New Orange Label SB Dunk Low Drop
Nike is staying committed to skateshops in 2025 with more Orange Label drops, including the SB Dunk Low Saturn Gold. In other ...