The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

From fashionable flashbacks to a retro inspired court, to a fresh new partner, over the next two seasons, the Grizzlies will ...

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

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John Donahoe's exit from Nike comes as the company lays off workers worldwide, including 740 at its Beaverton world ...

Alex Bhathal and Lisa Bhathal Merage, the brother-sister duo who recently purchased the NWSL’s Portland Thorns, are the ...

Washington Wizards guard Jordan Poole's player-exclusive colorway of the Nike GT Cut 3 hits shelves on November 11.