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Nike is making a major shakeup | CNN Business
Sep 19, 2024 · Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing their behaviors, passing up discretionary purchases of expensive...
NIKE, Inc. Announces Return of Long-Time Nike Veteran Elliott …
Sep 19, 2024 · (Beaverton, OR) -- September 19, 2024 -- The Board of Directors of NIKE, Inc. (NYSE:NKE) announced today that Elliott Hill will become President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024. Hill will also become a Director of the NIKE, Inc. Board of Directors and a member of the Executive Committee.
Nike CEO John Donahoe is out, replaced by Elliott Hill
Sep 19, 2024 · Donahoe, who has been Nike’s CEO since January 2020, will retire from his position on Oct. 13. Hill is slated to take over on the following day. Donahoe will stay on as an …
Nike CEO John Donahoe comes under fire as stock sees worst day …
Jun 28, 2024 · Analysts at Morgan Stanley and Stifel called Nike’s management, including CEO John Donahoe, into question and said the athletic company is losing its once ironclad credibility. Nike founder...
Nike says it will cut $2 billion in costs in a major warning for ... - CNN
Dec 22, 2023 · Nike, a bellwether for the global economy, sounded a warning sign Thursday as the sneaker giant sees consumers becoming more cautious. Nike slashed its revenue outlook for the year and...
Nike expects more sales declines as it attempts a comeback - NBC News
Jun 28, 2024 · Shares of Nike plunged Friday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it warned of soft sales in China and “uneven”...
NIKE Announces Leadership Changes to Accelerate the Future of …
Nov 14, 2023 · BEAVERTON, Ore.-- (BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) announced leadership changes today that will continue to build on its strong momentum and deep commitment to serving athletes with product...
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Nike (NKE) earnings Q1 2025 - CNBC
Oct 1, 2024 · Shares fell about 5% in extended trading after the updates and after Nike delivered mixed results for its fiscal first quarter. Here’s how the world’s largest sneaker retailer …