Nike is making a major shakeup | CNN Business
WEB5 days ago · CNN. New York CNN —. 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 ...
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WEBRead the latest NIKE, Inc. news and product announcements. Download high res imagery and press release copy.
Nike (NYSE:NKE) Announces CEO Transition as Elliott Hill ...
WEB10 hours ago · NIKE(NYSE:NKE) is navigating a period marked by both significant achievements and notable challenges. Recent highlights include a robust 27% increase in cash flow from operations and a 15% growth ...
Nike expects more sales declines as it attempts a comeback
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow. The company said Thursday...
Nike says it will cut $2 billion in costs in a major warning ...
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as much as 14% Friday.
Nike CEO John Donahoe comes under fire as stock sees worst ...
WEBJun 28, 2024 · The plunge wiped about $28 billion off of Nike’s market cap, bringing it to just under $114 billion from $142 billion a day earlier. As Wall Street digested the dismal outlook from the...
Nike (NKE) Stock Upheaval Defines CEO John Donahoe’s Tenure ...
WEBSep 13, 2024 · On Sept. 19, Nike Inc. announced that longtime executive Elliott Hill is coming out of retirement to replace John Donahoe as chief executive officer.)
Nike CEO blames remote work for innovation slowdown
WEBApr 12, 2024 · Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it’s tough to be disruptive when people are working from home.
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WEBSep 6, 2024 · Nike and the LEGO Group Unite to Elevate the Power of Sport and Creative Play. Read the latest NIKE, Inc. news and product announcements. Download high res …
NIKE Announces Leadership Changes to Accelerate the Future of ...
WEBNov 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.
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