Kobe Bryant’s impact has been felt long past his untimely death, and in much more than just the NBA. His sneakers with Nike ...
It's been a tough stretch for sporting apparel and shoe giant Nike (NYSE: NKE). The company, famous for its Swoosh logo, has lost its growth momentum after an excellent couple of years following ...
There has been much speculation about why Nike has been slow to the punch of getting Indiana Fever superstar Caitlin Clark's signature shoe and apparel line out ...
Shares of Nike Inc. climbed 6% Friday after the sneaker maker and sportswear giant announced a CEO switch. But analysts say that incoming chief executive and company veteran Elliott Hill has his ...
“I’m ready to help lead it to an even brighter future,” Hill said in a statement. Nike stock rose at least 8% in the hours after the change in CEO was announced.
Nike (NYSE:NKE) announced that Elliott Hill will take the helm as President and Chief Executive Officer effective October 14, 2024. Following the news, the company's shares gained nearly 8% in ...
Many investors and analysts had been clamoring for changes at Nike and welcomed the CEO change. The company’s sales were flat last quarter and the retailer predicted sales would drop another 10% ...
Meanwhile, at Nike headquarters in Beaverton, Oregon, product development had slowed as the company dealt with pandemic crises and leaned on its existing lifestyle shoes. Executives have said they ...
The quarterly report is Nike's first since the company announced a CEO change amid lackluster sales growth. Elliott Hill, a former Nike executive who retired in 2020, will replace John Donahoe as ...