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 ...

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 ...

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...