Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...
Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
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U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
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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