Here Are 3 Big Challenges Nike’s New CEO Will Face
Key Takeaways Incoming Nike CEO Elliott Hill will face a number of challenges, including concerns about the "newness" of Nike's products, rising competition and persistent headwinds in China.Analysts say next week's quarterly earnings release and Nike's investor day,
Nike's CEO Is Out. Here's What Could Happen Next.
Let's see how this could play out. Nike's been under pressure for a while, but it got much worse in fiscal 2024 (ended May 31). Fourth-quarter sales were down 2% year over year, and Nike Direct sales dropped 7%.
Four reasons why the Nike CEO had to go
SportsPro breaks down what led to Nike chief executive John Donahoe's departure and what comes next for the sportswear giant.
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.
Nike replaces CEO in revival bid
Hill, 60, originally joined Nike in 1988 and served as president of consumer and marketplace before he retired in 2020. He will take over on Oct. 14. Donahoe, 64, will retire and remain an adviser through January.
Nike appoints Elliott Hill as new CEO
Hill replaces John Donahoe, who will step down as CEO on 13 October. Nike has announced that Elliott Hill will become its new president and chief executive officer, effective 14 October. He will also join the board of directors and the executive committee.
Nike SB Gets Nostalgic With New Sneaker Inspired by Throwback NBA Team
A Nike SB Dunk Low inspired by the Seattle Supersonics has been rumored for a while now, and a new product shot of a matching ...
Nike Sabrina 2 'Relentless' releasing soon
What do you think of this new Nike Sabrina 2 colorway? Check our Sneakers news for more upcoming releases and breaking ...
Hosted on MSN20h
Nike's New CEO Could Return the Company to Stock Market Glory
Nike (NYSE: NKE) just announced that its current CEO has retired, and it’s bringing in a long-time employee to take the helm.
EconoTimes1d
Nike Air Force 1 Low Release Date, Price, Design, and Colorway Details Unveiled
Nikes Air Force 1 Low, one of the most recognizable sneakers in the brands storied lineup, is set for another highly ...
Nike Officially Reveals Ja Morant’s Ja 2 Sneaker, Which Places an Emphasis on Comfort and Support
With just under a month to go before the new NBA season begins, Nike has put the word out that Ja Morant’s second signature ...
Ja Morant's debut Nike Ja 2 will be released on Thursday. Here's everything to know
Ja Morant's second signature shoe, the Nike Ja 2, is set to be released this week. Here's everything you need to know.
Deion Sanders hints at extending Nike Air Max DT 96 lineup with tribute shoe
In the world of sneaker culture, where Jordans dominate the landscape, Deion Sanders Jr.’s line “I hold DT 96s over J’s” from his song “DT 96” may seem like a b ...
FOX13 Memphis1d
Ja Morant's second signature shoe, 'Ja 2,' officially releases Thursday
From the Ja 1 to the Ja 2, the core things remain the same. The work ethic doesn’t change,” Morant said. “It’s about comfort, ...
EconoTimes12h
Where to Buy and How to Secure Drake’s NOCTA Hot Step 2 'Black': Release Details and Shopping Guide
Drakes collaboration with Nike continues to generate buzz, with the release of the NOCTA Hot Step 2 Black set to become one ...
Rolling Out2d
Serena Williams faces criticism over looks in new Nike collaboration
Tennis icon Serena Williams recently unveiled her latest designs in collaboration with Nike, showcasing her unique style and ...
AOL6d
Can a New CEO Save Nike?
Donahoe, by contrast, had previously served as CEO of ServiceNow, a cloud software company, and had no day-to-day position at Nike, though he had served on the board of directors. In the press ...
A Complete Guide to This Weekend's Sneaker Releases
The sneakers that are also worth noting in this week's lineup include the Nigo x Nike Air Force 3, which is included in the ...