A ruinous pandemic business strategy, declining innovation, exodus of talent, and a “worst sneaker of all time” accolade has ...
Wall Street was full of optimism when Nike decided to switch out CEOs. The stock surged last week after analysts praised ...
Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...
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 ...
Nike veteran Elliott Hill will come out of retirement ... As Hill steps up to the challenge, Yih believes he will prioritize relationships with wholesale retail partners: "It's the base for ...
In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...
Nike Inc. stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced ...
Nike has said it can make more than double the profit selling goods through its own website and physical stores than it can through wholesale partners. Nike has executed a strategy to focus its ...
Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
In its fiscal 2024 (ended May 31), Nike made $51.4 billion in revenue. It was only up 1% year over year, but it was more than Adidas, Puma, Under Armour, Skechers, and Deckers Outdoor (maker of UGG ...
(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a ...