Reported 19 days ago
Nike has announced the return of Elliott Hill as CEO, succeeding John Donahoe, who is set to retire. Hill, a veteran with a 32-year history at Nike and a key figure in expanding its market presence, will officially take over on October 14. This leadership change follows pressures on sales and competition from rival brands. Analysts are optimistic about Hill's return, believing it could rejuvenate Nike's performance amid current market challenges.
Source: YAHOO