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

In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

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

US equity indexes traded mixed midday Friday, giving up some of its strong gains from the prior trading session in the aftermath of the Federal Reserve's policy easing. The S&P 500 index fell 0.1% to ...

Overnight, sportswear giant Nike announced long-time executive Elliott Hill would be rejoining the company as CEO as it ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

BEAVERTON, Ore. — September 19, 2024 — The Board of Directors of NIKE, Inc. announced today that Elliott Hill will become ...

Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward ...

U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 ...

The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...