Nike's new CEO may look to mend retailer ties in sales revival push
Sept 20 (Reuters) - 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.
Nike CEO John Donahoe to step down; will be replaced by Elliott Hill
Donahoe’s last day with Nike will be Oct. 13, but the company said in a news release he will remain as an adviser through the end of January. The embattled CEO, who took the helm at Nike in January 2020, will be replaced by Elliott Hill, a former Nike executive who retired in 2020.
A ruinous pandemic business strategy, declining innovation, exodus of talent, and a “worst sneaker of all time” accolade has ...
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
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As the share leader in most countries, Nike is positioned to benefit. As a worldwide business, Nike has felt the effects of issues like the war in Ukraine, shipping delays, currency volatility ...
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