BusinessNike appoints Elliott Hill as CEO, stock surges 8%cairo24x7.comSeptember 20, 2024September 20, 2024 September 20, 2024September 20, 2024 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...
BusinessVietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demandcairo24x7.comMay 15, 2023May 15, 2023 May 15, 2023May 15, 2023 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...