Nike’s outgoing chief executive, John Donahoe, is an Ivy League-educated former tech executive and Bain consultant. The man ...

Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

BEAVERTON, Ore. — September 19, 2024 — The Board of Directors of NIKE, Inc. announced today that Elliott Hill will become ...

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

U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in ...

FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...

Hill faces challenges like restoring innovation, rebuilding wholesale partnerships, and improving financial performance after ...

Shares of NIKE, Inc. (NYSE:NKE) are rallying after the company appointed Elliott Hill as its new CEO, aiming to rejuvenate ...

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...