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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 last year.
Nike Announces New CEO as John Donahoe Retires
Nike announced that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition. The company's shares rose 9 percent in after-hours trading.
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
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, an analyst told BI.
Nike to Replace CEO Donahoe With Longtime Company Veteran
Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement to return the struggling athletic brand to its glory days.
Nike is struggling. It’s shaking up its CEO
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. Nike’s stock rose 9% during after-hours trading Thursday,
Nike names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
Nike replaces its CEO with a longtime veteran and the stock is jumping
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
9h
on MSN
Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
Portland's Made in Old Town project aims to make a stateside manufacturing hub for sports-apparel makers.Its backers Hilos ...
14h
22 Best, Most Stylish Sportswear Brands
Having been around for more than 70 years, Asics has made a name for itself in the world of sportswear—and it's a name associated with reliable, trusty goods. The brand's sneakers are shining stars; ...
6h
Introducing Oregon's Most Admired Companies of 2024 and the first Moore Admired CEO
Find out which companies are most admired by top business executives across the region in 10 different sectors and across all ...
brandequity.economictimes.indiatimes
14m
Nike names Elliott Hill as new CEO
Athleisure: Nike said on Thursday that Chief Executive Officer John Donahoe will retire after more than five years at the ...
The UK
18h
Sportswear retailer set to triple store size at Merry Hill
After operating at Merry Hill for several years, the retailer will join its current unit with its neighbouring unit ...
4d
This popular sneaker and sportswear store will soon open a second Staten Island location
STATEN ISLAND, N.Y. -- JD Sports, which sells designer sportswear brands like Nike, Adidas, North Face and more, will soon ...
3h
‘Things haven’t been easy’: New Nike CEO’s first words to staff
Nike sales have dropped as consumers have grown tired of its lifestyle sneakers. Read more at straitstimes.com.
inc42
6d
Sportswear Startup Agilitas Gets Funding From Spring Marketing To Expand Portfolio
Agilitas Sports will use the fresh funds to expand its brand portfolio, strengthen its presence in India and enter ...
12d
Simkhai’s Spring 2025 Uses New York City as Urban Backdrop for Fresh American Sportswear
Inspired by a white lace silk flower keepsake from his mother’s wedding gown, Jonathan Simkhai's show was set against the ...
3d
Kenneth Cole Relaunches Women’s Sportswear Collection in Partnership With Kasper
The collection launch will be accompanied by an ad campaign featuring Academy Award-winning actress Ariana DeBose.
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