Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose stewardship led to a decline in the brand and its performance since he took over in ...

Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...

Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp ...

NEW YORK >> U.S. stocks closed nearly unchanged today, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, ...

Nike announced the sudden retirement of CEO John Donahoe, while 32-year Nike vet Elliott Hill will return from retirement to ...

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 ...

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

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