Walmart exec Jane Ewing takes Nike CCO post. On Aug 27, 2026 Ewing will lead shoe and apparel company's global marketplace operations, including direct-to-consumer business. August 27, 2026 5:00 PM, EDT (David Paul Morris/Bloomberg and Ting Shen/Bloomberg) Key takeaways: * Nike hired Jane Ewing from Walmart as chief commercial officer, effective Sept. 7, to lead its global marketplace organization. * The move comes as Nike seeks to revive sales by emphasizing individual sports, while Converse and its China business continue to struggle. * Ewing will oversee Nike Direct and wholesale operations as CEO Elliott Hill pushes to accelerate growth across both channels. Nike Inc. said it hired Jane Ewing from Walmart Inc. to become the sportswear company's chief commercial officer. She will join Nike starting Sept. 7, Nike said on its website. She spent nearly 14 years at Walmart and was most recently interim CEO for Sam's Club in China. She has also worked at Diageo, a beverage company headquartered in London. Walmart ranks No. 1 on the Transport Topics Top 100 list of the largest private carriers in North America. Nike is trying to revive sales from an extended bout of sluggishness by focusing on individual sports rather than lifestyle products. Under CEO Elliott Hill, Nike's running division has improved, but its Converse brand and China business have struggled to turn around. Ewing will lead Nike's global marketplace organization, which includes direct-to-consumer efforts, the company said. She will help to "accelerate growth across Nike Direct and wholesale," Hill said in the memo. Nike's stock has declined about 40% so far this year, versus a 13% gain for the S&P 500 Index.

Nike has appointed Jane Ewing as its chief commercial officer, effective 7 September. Ewing joins from Walmart, where she spent nearly 14 years and most recently served as interim chief executive officer for Sam's Club in China. She has also previously worked at Diageo. The sportswear company announced the hire on its website.

Dick's Sporting Goods reported disappointing second quarter results, with adjusted earnings per share of $3.53 missing estimates of $3.76. The retailer slashed its full-year EPS outlook to $10.94–$11.94, down from $13.27–$14.27, sending shares down 30.7%. Executive chairman Ed Stack attributed the struggles to a "footwear hangover" as consumers shift away from legacy sneaker styles. Nike's lifestyle sneakers, previously strong performers, are falling out of favour, forcing aggressive markdowns that competitors are matching. The retailer's heavy reliance on Nike presents challenges as the sportswear giant continues struggling under CEO Elliott Hill. Nike reported fiscal fourth quarter revenue of $11 billion in June, down 4% on a currency-neutral basis, with projections for continued low-to-mid single-digit declines.