Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

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

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

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Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

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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.

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Nike shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better ...

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