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Financial Times - Business
A boomerang boss at Nike may just do it
Elliott Hill must prepare for a marathon, not a sprint at the sports shoemaker4 hours ago -
Wired - Tech
Nike’s New CEO Has One Hell of a Challenge Ahead
A ruinous pandemic business strategy, declining innovation, exodus of talent, and a “worst sneaker of all time” accolade has laid the world's biggest sports brand low.8 hours ago -
MarketWatch - Business
Nike’s stock falls after analyst’s warning that a ‘negative catalyst’ looms
Nike’s stock fell Monday, after J.P. Morgan warned investors that the athletic apparel and gear giant’s quarterly results could cause a selloff.Yesterday -
Inc. - Business
Nike’s New CEO Seeks to Restore the Company to its Past Winning Swoosh
Nike career veteran Elliott Hill is tapped to reverse sales and revenue declines following recent changes to the business practices central to the company's past success.Yesterday -
NBC News - Top stories
How Foot Locker is waging a comeback after its breakup with Nike
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.Yesterday -
CNBC - Business
How Foot Locker is waging a comeback after its breakup with Nike
Foot Locker, long reliant on Nike for the bulk of it revenue, is winning over other brands as it transforms its sprawling store footprint.Yesterday -
Financial Times - Business
Can Nike veteran Elliott Hill turn ‘the swoosh’ around?
A popular insider has been recalled to try to make the world’s biggest sportswear maker cool again3 days ago -
MarketWatch - Business
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.4 days ago -
Financial Times - Business
Nike shares jump after sportswear maker replaces chief executive
Oregon-based company brings in retired executive Elliott Hill to turn around its performance4 days ago -
The New York Times - Business
Why Nike Replaced John Donahoe as Its C.E.O.
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool factor.4 days ago -
Financial Times - World
FirstFT: Wall Street titan John Paulson defends Trump’s tariff talk
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work4 days ago -
Financial Times - World
UK government borrows more than expected in August
Net debt hits 100% of GDP in blow to chancellor Rachel Reeves ahead of Budget4 days ago - United Kingdom -
Financial Times - World
Immigration and job creation
The labour market is softer than it appears4 days ago -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage4 days ago -
The New York Times - Business
Nike C.E.O. John Donahoe to Be Replaced by Elliott Hill
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.4 days ago -
The Wall Street Journal - Business
Nike CEO John Donahoe Stepping Down After Rocky Tenure
Nike said John Donahoe will retire as chief executive and from the board, and named his successor, Elliott Hill, who retired from the sneaker maker in 2020.4 days ago