Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...
Nike’s outgoing chief executive, John Donahoe, is an Ivy League-educated former tech executive and Bain consultant. The man ...
Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.