The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.
Brian Nagel, Oppenheimer & Co. senior analyst, joins CNBC's 'Power Lunch' to discuss what Nike's leadership change could mean ...
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
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Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut ...