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Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday 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. The company’s shares rose 9% in after-hours trading.
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.
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.
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.
Nike's new CEO may look to mend retailer ties in sales revival push
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.
6h
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 ...
29m
on MSN
The story of Nike and Michael Jordan’s iconic partnership
Nike's deal with Michael Jordan in 1984 reshaped both their futures. The Air Jordan I, released in 1985, defied NBA ...
1d
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, ...
39m
on MSN
10 all-time greatest Nike NBA players
Nike is one of the biggest shoe brands in the world today. The brand also makes its presence felt in the NBA, given its ...
1d
Air Jordan 1 History & Timeline: Everything You Need to Know About the Air Jordan 1
Nearly 40 years ago, 21-year-old NBA rookie Michael Jordan would take the first steps to help reshape a company now worth ...
soapcentral
11d
5 best upcoming Nike Air Jordan releases of September 2024
Nike Air Jordan sneakers are a staple in the sneaker community. Every sneaker enthusiast has heard of them and no real ...
4d
Air Jordan 3 'Rare Air' scheduled for 2025 release
What do you think of this new Air Jordan 3 colorway? Check our Sneakers news for more upcoming releases and breaking content!
The Sports Rush
7h
Michael Jordan’s Competitive Nature Extended To The Volleyball Court As Well: “Would’ve Thought MJ Won The World Championship”
Alcorn State's assistant coach, Cy Alexander, recalled playing volleyball on Michael Jordan's team during a Nike trip to Hawaii in 1992.
2d
on MSN
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.
Sportico on MSN
1d
Jordan Growth, China Stagnation: How Nike Changed Under Donahoe
Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward ...
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John Donahoe
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