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NIKE TURNAROUND STRATEGY
Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...- US stock market Santa Claus rally – Wall Street eyes new record as Dow, S&P 500, Nasdaq on the move; gold and silver extended a blistering runThe Dow Jones Industrial Average sat at 48,686.73, down 44.43 points or 0.09%. S&P 500 held at 6,937.95, up 5.90 points or 0.09%. Nasdaq Co...
- Apple's Tim Cook doubles Nike stake, endorses CEO Hill's turnaround pushAs of December 22, Tim Cook held about 105,000 shares, according to the filing released on Tuesday.
- S&P 500 sets a new all-time high on Christmas Eve — How S&P 500 added $18 trillion in market value since the April 2025 bottomS&P 500 has officially hit a fresh record high today, quietly locking in one of the strongest wealth-creation stretches in U.S. market hist...
- Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effortNike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, rais...
- Puma's new boss takes helm trailing Adidas and a recovering NikePuma is facing a tough time. New CEO Arthur Hoeld aims to revive the brand. Puma is struggling with unsold stock. Rivals like Adidas and Ni...
- Nike plans to reduce reliance on China production for US market to soften tariff blowNike plans to reduce its reliance on Chinese production for the American market. This is to lessen the impact of US tariffs. The company an...
- Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopesNike shares dropped 5.7% to a five-year low, following disappointing projections and a substantial sales decline in China. The new CEO's 'W...
- Apple CEO Tim Cook’s other job: Helping Nike turn things aroundTim Cook, Apple’s CEO and Nike board member, has played a crucial advisory role in Nike’s leadership transitions and strategic decisions. H...
- Nike shares dip as forecast withdrawal worries investors about turnaround timelineNike shares fell by about 6% in premarket trading after the company withdrew its annual revenue target, creating uncertainty over its turna...
- Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
- It’s round 2 of China+1. India needs to update the playbookSupply chains are shifting from China, and some countries, including India, are reaping the benefits of this change, says BCG. How can Indi...
- Adidas plans to divest Reebok brandGerman sportswear maker Adidas AG said on Tuesday it plans to divest the underperforming brand Reebok that it failed to revive 15 years aft...
- Former Idea COO Sivaramkrishnan Ganapathi joins Gokaldas Exports as MDGanapathi has been with the Aditya Birla Group for more than two and half decades and is now expected to begin an entrepreneurial journey w...
- Resurgent Bata India gets expanding at break-neck speedThe Bata story offers a preview of the fluctuating fortunes of old-time companies in the days before and after the Indian economy was opene...
- Bata set for rapid expansion; to open 70-100 stores a yearVillagran has changed the company since taking it over in early 2005, Bata has all the rights to believe in a rival's tagline: Impossible i...
- Bata India set for rapid expansion; stock upAfter turning around an ageing giant that Bata India was when he took it over six years ago, Marcelo Villagran has started the second part ...
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