Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear ...
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 ...
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
Nike's profitability is strong, but its market share has eroded over the past decade. Read why I'm bearish on NKE stock.
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 ...