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

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward ...

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

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.

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

The footwear scene in India is exploding with many brands vying for a share of the consumer’s share of wardrobe.

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

There are lessons for all innovation-minded business operators in Nike's failed experiment with an 'uncool' CEO.

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