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The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.
Hill's naming as CEO shows that Nike is intent on getting back to business as it was before Donahoe, who shifted focus from the wholesale channel to the direct-to-consumer channel, creating an opening ...
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.
In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Nike chief executive John Donahoe will retire next month in an abrupt leadership change punctuating a period of dour ...
(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a ...
A sportswear giant announced the retirement of its president and CEO on Tuesday after nearly five years behind the wheel.
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