News
Lululemon names former Nike executive O'Neill its next CEO
13+ hour, 15+ min ago (249+ words) Lululemon Athletica Inc. named Heidi O'Neill its new chief executive officer on Wednesday as the athletic retailer looks to move beyond a turbulent period of slowing growth and investor unrest. O'Neill, who was most recently Nike Inc.'s president of…...
Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are "not up to the Nike standard
9+ mon, 3+ week ago (359+ words) Nino Paoli is a Dow Jones News Fund fellow at'Fortune on the News desk. Nike leadership braced investors for tariff-fueled cost increases and smaller margins during the sportswear company's Q4 earnings call Thursday. Still, shares soared 15% on Friday following a better-than-feared…...