--On pace for largest percent increase since Dec. 21, 2022, when it rose 12.18% --Currently up six consecutive days; up 10.87% over this period ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

Nike sales have dropped as consumers have grown tired of its lifestyle sneakers. Read more at straitstimes.com.

Norwegian Cruise Line® (NCL), the innovator in global cruise travel, today unveiled and opened for sale the next evolution of its Prima Plus Class, the all-new Norwegian Luna™. Show Full Article ...

Donahoe’s last day with Nike will be Oct. 13, but the company said in a news release he will remain as an adviser through ...

Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on Oct. 14.

Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...

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 ...

Nike on Thursday named a company veteran, Elliott Hill, to be its next CEO, an announcement that immediately boosted the company’s flagging stock price and elicited cheers from insiders. Hill, 60, ...

Nike said its chief executive John Donahoe will retire next month and will be succeeded by company veteran Elliott Hill, an abrupt leadership change punctuating a period of dour economic performance ...