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Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...
According to the report, Nike also hit 38.8 percent representation of U.S. racial and ethnic minorities in the U.S. corporate workforce in 2022, a 4.3 percentage point increase from the prior year ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
Shares of athletic apparel company Nike (NYSE: NKE) plunged 30.6% in the first half of 2024, according to data provided by S&P Global Market Intelligence.When taking out just two days of trading ...
Elliott Hill is the president and CEO of Nike. [1] Hill decided to retire from Nike prior to John Donahoe being appointed as the chief executive in 2020, and then was appointed back as CEO in 2024. [ 2 ] [ 3 ]
It has faced criticism and changes in recent years, especially in regards to the Higg Index. Amid the pandemic, in 2020, the nonprofit developed a new strategic plan titled "Evolution for Impact," which outlines three strategic pillars: combat climate change, decent work for all, and a nature-positive future. [4]
Nike's direct-to-consumer sales declined 8% from the same quarter a year ago to $5.1 billion. "Fiscal [2025] will be a transition year for our business," Nike CEO John Donahoe said during the ...
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