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
06/30/201520:05:33Nike Founder Knight to Step Down as Chairman in 2016 -- 3rd Update
06/30/201517:42:08Nike Founder Knight to Step Down as Chairman in 2016 -- 2nd Update
06/30/201517:35:31Nike Founder Knight to Step Down as Chairman in 2016 -- Update
06/30/201517:30:17Nike Founder Knight to Step Down as Chairman
06/30/201517:18:53Nike Founder Knight to Step Down as Chairman in 2016
06/30/201517:01:14Initial Statement of Beneficial Ownership (3)
06/30/201516:51:16Statement of Changes in Beneficial Ownership (4)
06/30/201516:50:01Statement of Changes in Beneficial Ownership (4)
06/30/201516:45:12Initial Statement of Beneficial Ownership (3)
06/30/201516:41:33Statement of Changes in Beneficial Ownership (4)
06/30/201516:35:27Statement of Beneficial Ownership (sc 13d)
06/30/201516:34:08Current Report Filing (8-k)
06/30/201516:30:00NIKE, Inc. and Phil Knight Announce Ownership and Governance...
06/29/201514:36:25Current Report Filing (8-k)
06/26/201513:21:13Finish Line Profit, Sales Rise as Merchandise Assortment Improves...
06/26/201510:38:11U.S. Stocks Rise in Early Trading
06/25/201519:13:14Nike Sales Rise 4.8% -- 2nd Update
06/25/201517:36:18Nike Sales Rise 4.8%--Update
06/25/201517:20:10Nike Sales Rise 4.8%
06/25/201517:14:28Nike Sales Rise 4.8%

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad