Nike Shares Decline Amid Major Corporate Overhaul

Despite the holiday season launch of its new N7 collection, Nike’s stock experienced a downturn last week. The athletic apparel giant’s shares closed Friday’s trading session down 1.29 percent, cementing a weekly loss. This decline comes as the company navigates a significant leadership transition and strategic repositioning under CEO Elliott Hill.

The current market sentiment reflects broader concerns about Nike’s direction during this period of transformation. Since assuming the CEO role in October 2024, Hill has initiated sweeping organizational changes. The most substantial restructuring occurred in May 2025 with a complete overhaul of the executive leadership team.

Heidi O’Neill, a 26-year company veteran who most recently served Read more...