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Why Nike Keeps Stumbling

DeFi Daily News by DeFi Daily News
June 13, 2026
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The return of Elliott Hill to lead Nike was supposed to reinvigorate the brand. Instead, setbacks in running, product development and brand strategy have kept the swoosh from regaining its stride.

Nike’s Savior CEO Is Grappling With a 45% Stock Slump: https://bloom.bg/43yMUjz

Elliott Hill came out of retirement to revive the brand. Twenty months later, investors are realizing that the turnaround will likely take years.

Watch more mini documentaries from Bloomberg: https://www.youtube.com/playlist?list=PLGaYlBJIOoa_EzzMpticURNR29AiQi10v

Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

#Nike #Stocks #Business

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Tags: BloombergbusinessEconomyElliott Hillelliott hill newselliott hill nikefinanceNewsNikenike businessNIKE CEOnike rise and fallnike stocknike valuestumblingus
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