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 new CEO may look to mend retailer ties in sales revival push
Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.
Who is Elliott Hill? Meet Nike’s New CEO
Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of experience at Nike. Hill, 60, started at Nike in 1988 and retired in 2020, serving most recently as president of consumer and marketplace. He will return next month to become president and CEO of Nike, on Oct. 14
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next month. Hill is a familiar face, spending basically his
Nike veteran Hill to replace Donahoe as CEO; shares jump
Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition.
Nike Replaces CEO With Veteran Executive Hill in Revival Bid
Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.
Nike's new CEO acknowledges the brand's rough run in his first message to staff
In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.
Marketing Dive14d
Nike depicts drudgery of running in latest leg of comeback campaign
Timed to marathon season, “Winning isn’t Comfortable” extends a hard-edged approach, showing runners battered by the elements.
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
On Running Keeps Winning With Innovation, Collaborations And Team Spirit
Since going public in 2021, On Holding has been a growth dynamo. It updated its strategic plan to double sales by 2026 ...
Nike Spent $104 Million on CEO Donahoe Before He Was Ousted
Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...
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Nike releases FAMU running shoe to celebrate start of college football season
Check out the new FAMU Rattlers Nike Air Zoom Pegasus 41 running shoe, part of the Nike’s 2024 NCAA Collection ahead of ...
Nike and Adidas Don’t Want to Share the Olympic Podium
One of the most successful examples is Nike’s contract with ... also flagged higher advertising expenses this year, ...
The Washington Post10d
Jim Riswold, visionary adman of ‘Bo Knows’ and Air Jordan spots, dies at 66
Jim Riswold, an advertising rule-breaker who made Nike part of the cultural zeitgeist and helped ... then hammering home runs for the Kansas City Royals and churning yards as running back for ...
Nike's Hill to return as CEO, Donahoe to retire; shares rise
Nike NKE.N said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as ...
Retail Dive12d
Nike depicts drudgery of running in latest leg of comeback campaign
Out-of-home ads, which Nike is also promoting on its social channels, carry over the edgy attitude. “If you don’t hate running a little, you don’t love running enough,” reads one.
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.