Nike appoints Elliott Hill as CEO, stock surges 8%
Elliott Hill returns as Nike CEO, sparking an 8% stock rise as he aims to lead the company through challenging market conditions and revive its competitive edge....
Tag : Nike
Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand
One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a significant drop in orders. PouYuen Vietnam Co, a subsidiary of Taiwan-based Pou Chen Corp, is set to let go of nearly 6,000 workers with......