Nike is making a major shakeup
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 month and will be replaced by Elliott Hill, a veteran former Nike executive.
Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Surprise CEO Shakeup: Nike Brings Back Former President of Its Jordan Brand to Turn the Business Around
Nike has been losing market share in the shoe industry, and it's consequently moving on to a new CEO. Nike's new CEO has plenty of experience at the company and in the industry, which could be the requisite resume to lead a turnaround.
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%.
What Nike analysts expect from upcoming earnings after CEO announcement
"The overall Nike business has not improved since 4Q24 earnings were reported, and perhaps trends have worsened."
Nike Decides To ‘Just Do It’ And Replaces CEO John Donahoe With Company Veteran Elliott Hill
Outgoing Nike CEO John Donahoe made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
Nike sneaker ad labeled ‘misleading’ for marketing $35 kids’ shoes to adults
A “misleading” online advertisement for $35 Nike sneakers has been banned in Britain for failing to make clear that the ...
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The Ja 2, Nike’s Solution for Morant and the Next-Gen of Playmakers
Building off the success of Ja Morant’s first signature shoe, Nike designers created a second-gen silhouette. The Ja 2 and ...
Is Nike Inc. (NKE) a Top Luxury Clothing Stock to Invest in Now?
In this article, we will look at the Top 11 Luxury Clothing Stocks to Invest in Now. In this article, we will look at where ...
Decoding Nike's Options Activity: What's the Big Picture?
In terms of liquidity and interest, the mean open interest for Nike options trades today is 1770.67 with a total volume of ...
Everlane’s Parka Coat Is On Sale for $70—Save Up to 75% Off Men’s Clothing & Apparel
Everlane's men's clothing sale offers stylish essentials with discounts of up to 75% off, making quality fashion more ...
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Nike Coupons
Get 10% off your Nike order when it’s your birthday. Teachers and nurses get a 10% discount on Nike orders. Get a wide range of clothing and footwear for women, men and kids. Get free shipping ...
Spotlight on Nike: Analyzing the Surge in Options Activity
Deep-pocketed investors have adopted a bearish approach towards Nike NKE, and it's something market players shouldn't ignore.
Nike's Top-Rated Fleece Hoodie That's 'Soft, Roomy, and Comfortable' Is $50 Off for a Limited Time at Dick's
As you’d expect with Nike, this hoodie has an excellent fit, great hand feel, and solid performance. “The quality and ...