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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.
Nike welcomes new CEO with $27 million payday
Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock soaring on the news. Hill, 60, is returning to Nike four years after retiring from the sneaker giant.
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 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 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 CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
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.
Nike replaces its CEO with a longtime veteran and the stock is jumping
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
Business Insider on MSN
19h
Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
But much of the industry resides in Portland, Oregon, and its surrounding suburbs, home to well-known brands such as Nike, ...
Iowa StateUniversity Daily
13h
Cyclone Clothing Collection participants discuss their experiences and what the process looked like
The Cyclone Clothing Collection contest provided fashion students with the opportunity to design clothing from start to ...
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.
The News Courier
18h
New men's clothing store opens Friday
Shepherd’s Clothiers, a locally-owned men’s clothing store, is set to host their grand opening in the historic downtown ...
Eco-Stylist on MSN
19h
Sustainable, Ethical and Affordable Clothing: Leading the Shift Away From Fast Fashion Brands
Ethical fashion offers affordable clothing brands. Discover the top 4 sustainable clothing brands within your budget. Know ...
17h
Local church prepares for clothing giveaway
It's a combined effort from six churches that comprise the Springfield Township Community Council of Churches. All of the ...
WNYT NewsChannel 13
11h
Lansingburgh clothing, costume drop-off to help families in need
You can support families experiencing clothing insecurity next month in Troy.The Lansingburgh Boys & Girls Club is hosting a ...
1h
Jesse Palmer Launches Elevated Sports Apparel Line "J. Palmer"
This fall, award-winning television personality, seasoned football analyst and former professional football player Jesse ...
YourTango
2d
Teacher Commits To Finding The ‘Craziest’ Professional Clothing After Her School Banned Jeans
My district has been pretty lax on the dress code since COVID-19,” this teacher admitted in a Reddit post. "We all got really ...
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 ...
2d
7 Clothing Items To Buy This Fall If You Have Expensive Taste, but a Bargain Bin Budget
Refreshing your fall wardrobe can get expensive when you have champagne taste. If you're working with a beer budget, you may ...
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