Nike CEO Elliott Hill: our turnaround will be challenging, and will hinge on sports
Nike (NKE) is taking a step in the right direction under new CEO Elliott Hill. The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 ...
Nike's new CEO plans to go back to basics in brand overhaul effort
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's ...
Nike's new CEO said the company messed up 3 key areas that he's trying to fix — and it's bad news for customers who like cheap stuff
CEO Elliott Hill said that Nike would rein in the number of promotional events and focus on five categories of sports ...
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 ...
Nike sales drop but stock holds steady as new CEO talks turnaround
New Nike CEO Elliott Hill on Thursday said the company must refocus on sports. The company reported an 8% quarterly sales ...
Nike's turnaround will take time and cost money, CEO says
But these initiatives will take time and cost money, leading the sportswear giant to warn that the company faces headwinds to ...