Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Nike jumped almost 10 per cent on Friday after the struggling sportswear maker replaced chief ...

Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving ...

Hill's background includes 32 years at Nike, leading commercial and market operations Donahoe's tenure included initial growth but recent sales pressure Shares rise 8% in after-hours trading ...

The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...

STORY: On Thursday Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers. He'll be replaced by former senior executive Elliott Hill ...

Nike's new CEO Elliott Hill faces revenue decline and market challenges as the company shifts focus from retro styles to a ...

Elliott Hill, a longtime veteran of the sportswear giant who retired in 2020, starts his new job as CEO on Oct. 14. And his ...

(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership ...

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

Nike said in a regulatory filing that Hill's compensation as president and CEO will include an annual base salary of $1.5 million. He will take over as CEO on Oct. 14. Analysts cheered the move.

(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid ...