Nike is making a major shakeup | CNN Business
Sep 19, 2024 · Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be...
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NIKE Announces Leadership Changes to Accelerate the Future of …
Nov 14, 2023 · NIKE, Inc. (NYSE:NKE) announced leadership changes today that will continue to build on its strong momentum and deep commitment to serving athletes wi.
Nike expects more sales declines as it attempts a comeback - NBC News
Jun 28, 2024 · Shares of Nike plunged after the sneaker giant cut its full-year guidance and said it expects sales to drop 10% during its current quarter.
Nike sees gold rush with summer Olympics driven website visits, …
Aug 7 (Reuters) - The summer Olympics is turning out to be a rare win for Nike (NKE.N) as the global sporting event has helped boost demand for the sportswear giant's new launches and edge out...
Nike Kicks Off Multi-Year Innovation Cycle - Yahoo Finance
PARIS, April 11, 2024 -- (BUSINESS WIRE)--Today, NIKE, Inc. (NYSE: NKE) extended its position as the undisputed leader of footwear and apparel innovation by debuting a new line-up of products...
Nike’s new material could ‘change the apparel industry,’ CEO says
Sep 13, 2024 · Nike introduced its latest material called Forward, which is created through a new production process “by hacking punch-needle machines,” according to a Tuesday press release.
Nike beats estimates boosted by discounts, promotions; shares …
Dec 20, 2022 · Shares in the world's largest sportswear maker surged 13% in after-market trading. Steeper discounts and increased promotions to reduce excess inventory through the quarter helped the...
Basketball is having a moment, and that's good news for Nike
3 days ago · Advertisement. Nike is deepening its partnerships with the NBA and WNBA as basketball explodes in popularity in 2024. That's good news for the company as it tries to get back to its sports roots ...
How Nike’s Sustainability Mission Has Transformed - Footwear News
Mar 17, 2022 · Nike chief sustainability officer Noel Kinder reveals to FN the biggest wins, and the greatest challenges ahead concerning sustainability.