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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’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief executive officer, but good vibes alone won’t be enough to fix a company in turmoil.
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
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 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 Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Sportico on MSN
13h
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 ...
1d
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 ...
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, ...
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 ...
1d
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.
1d
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 ...
1d
on MSN
Nike names Elliott Hill as CEO, replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
soapcentral
1d
5 different ways to tie laces on Air Jordan 1
The loose lace is a chic and convenient way to lace your Air Jordan 1. The look makes it easy to turn your Jordans into ...
The Sports Rush
23h
With Michael Jordan Missing Trophy Room’s 8th Anniversary, Son Marcus Parties With Conor McGregor
The Trophy Room draws inspiration from the trophy room cabinet inside MJ’s residence. This has become a museum for Jordan’s ...
13h
on MSN
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, ...
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