Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

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

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

Nike has strong fundamentals, but faces volatile profit margins and returns, leading to investor disappointment. Learn why ...

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...

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 stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be ...

By Gillian Follett - 33 min 58 sec ago By Ad Age Staff - 2 hours 31 min ago 2 hours 55 min ago By Tim Nudd - 3 hours 40 min ...

Lorraine Hutchinson, an analyst from Bank of America Securities, maintained the Buy rating on Nike (NKE – Research Report). The ...