ADVFN - Advanced Financial Network.
HOME» NYSE » N » NKE Stock Price » NKE Stock News

Nike Share News

 Nike, Stock Price
NKE Stock Price
 Nike, Stock Chart
NKE Stock Chart
 Nike, Stock News
NKE Stock News
 Nike, Company Information
NKE Company Information
 Nike, Stock Trades
NKE Stock Trades

NBA Executive Returns to Nike to Lead Jordan Brand

--Larry Miller to serve as president of Jordan brand, a post he previously held for seven years --Miller most recently served as president of the Portland Trail Blazers --Shift comes as Nike prepares to enjoy the exposure of a full NBA season after a lockout disrupted play last season By John Kell Nike Inc. (NKE) said basketball executive Larry Miller is returning to the athletic-goods giant's ranks as president of the iconic Jordan brand, a post he previously held for roughly seven years. Mr. Miller, 61 years old, had previously served in that role between 1999 to 2006, and also worked as an executive that managed operations for Jordan, the namesake basketball line and Converse. Mr. Miller most recently served as president of the Portland Trail Blazers. Nike said Mr. Miller succeeds Keith Houlemard, who will now lead the company's future worldwide Olympic efforts as general manager. The shift at the top of the Jordan brand comes as Nike prepares to enjoy the exposure of a full National Basketball Association season, after a lockout last season shortened the regular season to 66 games, from the normal 82. Though Michael Jordan hasn't played in the league for years, his branded shoes remain extremely popular among consumers. Limited releases of retro Jordan shoes has led to long lines and scuffles outside major retail chains. Analysts often tout basketball as a fashion-driven category. Nike late last month reported fiscal fourth-quarter results that missed Wall Street's expectations as weaker gross margins and higher marketing costs tied to product launches and two key global sporting events more than offset solid revenue growth across all global markets. Nike's shares were down 0.9% to $90.51 in recent trading. -Write to John Kell at john.kell@dowjones.com

Stock News for Nike (NKE)
DateTimeHeadline
09/28/201609:49:00U.S. Hot Stocks: Hot Stocks to Watch
09/27/201619:54:00Nike Revenue and Profit Rise, Though Growth in a Key Indicator...
09/27/201617:20:00Nike Revenue and Profit Rise
09/27/201617:18:00Nike Revenue and Profit Rise, Though Growth in a Key Indicator...
09/27/201617:10:00Nike Revenue and Profit Rise
09/27/201616:23:08Current Report Filing (8-k)
09/27/201616:15:00NIKE, Inc. Reports Fiscal 2017 First Quarter Results
09/27/201603:02:00Ahead of the Tape: Nike Can Regain Its Stride After Results...
09/26/201619:24:08Statement of Changes in Beneficial Ownership (4)
09/26/201619:01:23Statement of Changes in Beneficial Ownership (4)
09/26/201618:46:09Statement of Changes in Beneficial Ownership (4)
09/26/201618:45:37Statement of Changes in Beneficial Ownership (4)
09/26/201618:44:26Statement of Changes in Beneficial Ownership (4)
09/26/201618:42:59Statement of Changes in Beneficial Ownership (4)
09/26/201618:42:18Statement of Changes in Beneficial Ownership (4)
09/26/201618:15:15Statement of Changes in Beneficial Ownership (4)
09/26/201618:14:20Statement of Changes in Beneficial Ownership (4)
09/26/201618:12:44Statement of Changes in Beneficial Ownership (4)
09/26/201618:12:17Statement of Changes in Beneficial Ownership (4)
09/26/201614:43:00Nike Goes for Home-Court Advantage -- Ahead of the Tape

Nike and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad