Nike once held a dominant position in the sportswear market, but its stronghold is weakening.The company faces increased competition from brands like On, Hoka, and Lululemon.Nike’s…
Browsing: Nike
Nike’s CEO Elliott Hill emphasizes a renewed focus on sports to drive its turnaround strategy.The brand has been criticized for becoming too promotional and deviating from…
Sports Direct has unveiled its 2024 Christmas ad campaign, “new traditions start here,” featuring legendary athletes and a fresh festive theme.The campaign stars renowned personalities including…
Frasers Group has strategically acquired a significant stake in Hudson Malta, a move anticipated to bolster its international expansion goals.The acquisition involves a non-controlling shareholding in…
JD Sports Fashion anticipates a rebound in UK revenues following a period of decline, as colder weather is expected to boost sales in the second half…
Despite Nike’s recent downturn, JD Sports remains optimistic about the sports giant’s recovery, with its CEO expressing confidence in Nike’s brand strength.Regis Schultz, JD Sports’ CEO,…
In a strategic pivot, Nike has retracted its full-year guidance following a significant drop in initial quarterly revenues, setting the stage for incoming CEO Elliott Hill.The…
Elliott Hill returns to Nike, taking over as CEO from John Donahoe.John Donahoe retires, will remain an advisor until January 2025.Hill rejoins Nike, continuing a journey…
Nike has announced Elliott Hill as the new CEO, following John Donahoe’s leadership.Hill brings over three decades of experience at Nike, having held senior roles across…
Savage X Fenty has appointed Vanessa Wallace, a seasoned marketing expert from Nike, as its new Chief Marketing Officer (CMO).Wallace will oversee all aspects of brand…