Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that CEO John Donahoe will retire after more than five years at the helm as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition. The company named Elliott Hill president and chief executive officer, effective Oct. 14, 2024.
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
Nike is struggling. It’s shaking up its CEO
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 stock rose 9% during after-hours trading Thursday,
Nike names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
Nike welcomes new CEO with $27 million payday
Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock soaring on the news. Hill, 60, is returning to Nike four years after retiring from the sneaker giant.
22 Best, Most Stylish Sportswear Brands
Having been around for more than 70 years, Asics has made a name for itself in the world of sportswear—and it's a name associated with reliable, trusty goods. The brand's sneakers are shining stars; ...
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Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
But much of the industry resides in Portland, Oregon, and its surrounding suburbs, home to well-known brands such as Nike, ...
Nike Announces New CEO as John Donahoe Retires
Nike announced that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO ...
Kenneth Cole Relaunches Women’s Sportswear Collection in Partnership With Kasper
The collection launch will be accompanied by an ad campaign featuring Academy Award-winning actress Ariana DeBose.
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Sportswear retailer set to triple store size at Merry Hill
After operating at Merry Hill for several years, the retailer will join its current unit with its neighbouring unit ...
Brandon Maxwell Heightens His Americana Sportswear With an Easy Summer Vibe
Brandon Maxwell's spring collection made a strong case for Americana sportswear with ample ease, versatility and an ...
This popular sneaker and sportswear store will soon open a second Staten Island location
STATEN ISLAND, N.Y. -- JD Sports, which sells designer sportswear brands like Nike, Adidas, North Face and more, will soon ...
Columbia Sportswear's Stock Review: What's the Next Best Move?
COLM is capitalizing on innovation and brand engagement. However, the company faces threats from sluggish consumer demand and ...
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Tory Burch Spring 2025 Turns Chic Sportswear on Its Head
Olympic bronze medalist Suni Lee, Elizabeth Olsen, Jodie Turner-Smith, and more sat front row at the New York Fashion Week ...
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Sportswear Startup Agilitas Gets Funding From Spring Marketing To Expand Portfolio
Agilitas Sports will use the fresh funds to expand its brand portfolio, strengthen its presence in India and enter ...
Introducing Oregon's Most Admired Companies of 2024 and the first Moore Admired CEO
Find out which companies are most admired by top business executives across the region in 10 different sectors and across all ...