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Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition. The company’s shares rose 9% in after-hours trading.
Nike's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.
Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could help turn Nike around.
Chief Executive Of US Sportswear Giant Nike To Retire
The chief executive of US sportswear giant Nike will retire, the company announced on Thursday, according to German news agency (dp
Elliott Hill appointed new CEO for sports apparel brand Nike
The board of directors of major sports apparel brand Nike has announced the appointment of Elliott Hill as its new president and chief executive officer, effective from 14 October 2024.
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
Nike's new CEO may look to fix retailer ties in sales revival push
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat under outgoing chief John Donahoe, industry experts said on Friday. The sportswear giant named company veteran Elliott Hill as its CEO on Thursday,
Nike is struggling. It’s shaking up its CEO
The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive. Nike’s stock rose 9% during after-hours trading Thursday,
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
Nike names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
21h
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Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
This proposed multimillion-dollar development campus in Portland, Oregon, could revitalize the city's sportswear-production ...
Boston Magazine
1d
The Sparkly Sequined Sports Fashion of Mel the Clothing
Boston-based designer Melissa Stern brings glitz to game-day allegiances and pop fandom.
5d
This popular sneaker and sportswear store will soon open a second Staten Island location
STATEN ISLAND, N.Y. -- JD Sports, which sells designer sportswear brands like Nike, Adidas, North Face and more, will soon ...
3h
Jesse Palmer Launches Elevated Sports Apparel Line "J. Palmer"
This fall, award-winning television personality, seasoned football analyst and former professional football player Jesse ...
3d
Route One Apparel is making trendy Baltimore-based sports clothing
Marty Bass is live at their headquarters where he is checking out a collaboration line with, Brightside Boutique, that is ...
inc42
7d
Sportswear Startup Agilitas Gets Funding From Spring Marketing To Expand Portfolio
Agilitas Sports will use the fresh funds to expand its brand portfolio, strengthen its presence in India and enter ...
Textile World
3d
DO Apparel Expands Digital Production Of Custom Jerseys For Large Sports Brands With Kornit Digital
Based in Livonia, MI, DO Apparel is a one-stop-shop for custom sportswear for large sports organizations – ranging from Major ...
Sioux City Journal
1d
Sports apparel store Rally House to open at Lakeport Commons
Jared McNett is an online editor and reporter for the Sioux City Journal. You can reach him at 712-293-4234 and follow him on ...
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