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New Nike CEO vows turnaround
Nike Unveils Its New CEO’s Turnaround Plan. Can It Get Its Mojo Back?
Nike stepped in something, and it stinks. After decades of stellar sales and stock performance, the company has slipped into decline, and shares, which peaked above $175 just over three years ago, have collapsed to $77.
Nike warns its turnaround will be a slog, after results beat expectations
Nike offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the embattled sportswear seller's quarterly results beat estimates.
Nike CEO Warns Turnaround Will be a Long Slog
After its quarterly results beat Wall Street expectations the apparel maker's new chief, Elliott Hill, said a rebound would require fundamental changes in strategy.
11h
on MSN
Nike's Biggest Sale in Years Has Some Editor-Favorite Trainers and Runners On Sale
Multiple ones, to be exact, thanks to the largest sale we've seen from Nike in ages. The athletic shoe goliath doesn't do big ...
1d
on MSN
Nike CEO says sneaker giant ‘lost its obsession with sport,’ vows to revive iconic brand
Nike’s new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its ...
24/7 Wall St
11d
I Used to Only Wear Nike Shoes, but These 10 Lesser Known Brands Are Superior
Nike is the most dominant shoe company in the world. Unsurprisingly, multiple competitors are looking to steal Nike’s market ...
1d
on MSN
Nike just laid out an ambitious turnaround plan. But it will come at a cost.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped ...
10h
on MSN
Nike picking up Jalen Hurts’ fine for wearing mismatched Jordans
The announcement follows new CEO Elliott Hill’s promise of more “Nike being Nike" and evokes a memorable early chapter in the ...
Inc
1d
Nike Profits Surge as Sales Beat Forecasts
Nike
beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand’s stores and website to buy newly ...
24/7 Wall St on MSN
2d
Hoka Is the Trendy Shoe, but These 10 Running Brands Are Still Superior
Hoka is considered the next big thing in the world of running shoes. Its shoes offer plenty of comfort and a sole that helps ...
Yahoo
7h
REI Is Selling $225 Salomon Running Shoes for Just $110, and Shoppers Say They’re ‘Quick and Comfortable’
It’s deal season for
running
shoes
. Discounts abound on sought-after kicks from Adidas,
Nike
, Hoka, and more, and it’s ...
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