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Nike Gets a New CEO. Stock Surges.
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. 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.
19h
on MSN
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 ...
3h
on MSN
Nike's New CEO Elliott Hill To Focus On Repairing Retailer Relations
Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...
ABC12
19h
Nike is making a major shakeup as competition rises, sales fall
Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...
7d
Nike's Iconic Cortez Sneakers Are 30% Off Right Now, and Shoppers Say They're 'Comfortable from Day One'
If you're on the hunt for a new pair of white sneakers, the Nike Cortez is always a safe bet for comfort and style. And, at ...
23h
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.
9h
on MSN
Lakers News: Nike Honors Kobe Bryant with Limited Halloween Collection
Nike's special Halloween collection honors Kobe Bryant with the Kobe 5 Protro X-Ray sneakers and a tee celebrating his ...
Sports Illustrated
4d
The Nike Kobe 9 Elite Low "Halo" Drops This Week
Fans unable to snag the
sneakers
on the
Nike
SNKRS app and website can expect to pay well above the retail price on sneaker resale platforms like StockX, GOAT, and KICKS CREW. Additionally ...
18h
on MSN
Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
This proposed multimillion-dollar development campus in Portland, Oregon, could revitalize the city's sportswear-production ...
1h
on MSN
Michael Jordan's 1993 NBA Playoff Sneakers Hit Auction Block
Chicago Bulls legend Michael Jordan's game-worn sneakers from the 1993 NBA Playoffs are available at an auction.
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