Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

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 ...

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

These are trying times for all Americans. One of the most divisive elections in our country's history may be happening in a ...

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

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.

CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant, Nike.

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...

(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as ...