NIKE, Inc.
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Nike expects more sales declines as it attempts a comeback
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow. The company said Thursday...
Nike says it will cut $2 billion in costs in a major warning ...
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as much as 14% Friday.
Nike CEO John Donahoe comes under fire as stock sees worst ...
WEBJun 28, 2024 · The plunge wiped about $28 billion off of Nike’s market cap, bringing it to just under $114 billion from $142 billion a day earlier. As Wall Street digested the dismal outlook from the...
Nike Appoints Elliott Hill to Replace John Donahoe as CEO
WEB20 hours ago · ByJonathan Roeder. September 19, 2024 at 4:21 PM EDT. Save. Nike Inc.said. that longtime executive Elliott Hill is coming out of retirement to replace John Donahoeas chief executive officer. Nike ...
Nike CEO blames remote work for innovation slowdown
WEBApr 12, 2024 · Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home.
NIKE Announces Leadership Changes to Accelerate the Future of ...
WEBNov 14, 2023 · Dr. Muge Erdirik Dogan will join NIKE, Inc. as Chief Technology Officer (CTO) to further deepen and strengthen the speed, efficiency, and quality of Nike’s consumer experiences with products ...