The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.
Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective ...
Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies ...
(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a ...