Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

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

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

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective ...

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's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...

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

News 12 got an inside look at a Westchester Square sneaker shop that has been serving the community for more than two decades. The Hut, located at 1489 Williamsbridge Road, opened 25 years ago ...

Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ...

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

Nike replaces CEO John Donahoe with Elliott Hill, aiming for a turnaround amid declining sales and stock struggles, effective ...