The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next ...

“I have great respect for Phil [Knight], Mark [Parker], and the entire Nike team,” Donahoe stated. “It became clear now was the time to make a leadership change, and Elliott is the right person.

executive chairman of NIKE, Inc. "Personally, I have worked with Elliott for more than 30 years, and I look forward to supporting him and his senior management team as they seize the opportunities ...

Elliott Hill, who in 2020 retired as the company’s president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step ...

BEAVERTON, Ore. (AP) — Nike Inc. said Thursday it has named Elliott Hill as its president and CEO, replacing John Donahoe, who will retire next month. Hill is returning to the company from which ...

executive chairman of NIKE, Inc. "Personally, I have worked with Elliott for more than 30 years, and I look forward to supporting him and his senior management team as they seize the opportunities ...

The best Nike running shoes have been used by elites to produce remarkable feats in recent years. For instance, in 2023, Kelvin Kiptum shattered the marathon world record with a stunning time of 2 ...

Earnings Report 0.827 USD Q2 2025 Earnings Release 12/19/2024 Earnings Report 0.826 USD Q3 2025 Earnings Release 03/20/2025 The world famous sportswear brand Nike, Inc. was founded in 1964.

As the share leader in most countries, Nike is positioned to benefit. As a worldwide business, Nike has felt the effects of issues like the war in Ukraine, shipping delays, currency volatility ...

Swirsky, who served as the team's lead assistant last year, takes over following the promotion of former head coach Jason ...

One tradition in the NBA in recent years has been the unveiling of new alternate jerseys every season for each team, known as the Nike City Edition uniforms. The new digs are generally released ...