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New Nike CEO outlines vision to turn around iconic brand
'We lost our obsession with sport': New Nike CEO outlines vision to turn around iconic brand
A Nike rebrand is not only imminent but necessary as the brand has "lost its obsession with sport," new CEO Elliott Hill said Thursday.
New Nike CEO goes back to basics as investors cool their heels
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some investor worries.
Nike CEO says sneaker giant ‘lost its obsession with sport,’ vows to revive iconic brand
Nike’s results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive predicted revenues would fall by double digits in the third quarter.
7h
on MSN
Nike CEO Turnaround Rests on Unraveling Predecessor Mistakes
Nike Inc.’s new Chief Executive Officer Elliott Hill pledged to reignite growth by refocusing on sports and revamping the ...
20h
Buy, Sell, Or Hold Nike Stock?
A company designing, developing, and marketing footwear, apparel, equipment, and accessory products, Nike (NYSE: NKE), stock ...
11h
on MSN
Analysts Warn Nike’s Business Could ‘Get Worse Before It Can Get Better’
Several analysts lowered their price targets for Nike's stock Friday, concerned its turnaround could take longer than ...
1d
Nike warns its turnaround will be a slog, after results beat expectations
Nike offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the embattled ...
1d
New Nike CEO Vows Turnaround After Earnings Drop
Nike reported lower profits on another drop in revenue Thursday, with new CEO Elliott Hill vowing to get the slumping sports ...
5h
on MSN
Day 3: Ontario Christian, Archbishop Mitty set up all-California Nike TOC championship showdown
Ontario Christian subdues Bullis, 73-65, while defending champions handle Mater Dei, 59-42, in semifinals Friday night ...
17h
on MSN
Watch These Nike Stock Price Levels as Strategy Shift Weighs on Outlook
Nike shares lost ground Friday morning after the athletic apparel company warned that its turnaround efforts will take time ...
1d
on MSN
The Risky Strategy Behind Nike’s Massive Holiday Discounts
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.
Complex I Music, Sneakers, Pop Culture, News on MSN
1d
Detailed Look at the 'Sedona' Nike Book 1
An upcoming Nike Book 1 colorway will reference the city of Sedona in Arizona, as seen in the images here.
4h
on MSN
Mizzou Basketball Unveils New Nike, Melvin Booker Collaboration; The Buzz, Dec. 21, 2024
In collaboration with Nike, Missouri basketball and one of the team's all-time greats, Melvin Booker, unleashed a new shoe ...
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