Nike has named Jane Ewing to the role of chief commercial officer after having previously axed the role last year. Ewing has held tenure with Sam’s Club China and Diageo in the past. “Jane’s experience, leadership and global perspective will help us continue this work and accelerate growth across Nike Direct and wholesale,” said Nike president and CEO Elliott Hill (more).

Longtime Apple CEO Tim Cook is enjoying his last day on the job today, with plans being to replace him with John Ternus as September begins. Cook departs as a widely praised executive, having navigated Apple through 15 years of business operations with great success (more).

Build-a-Bear Workshop delivered a very soft second-quarter on revenue (down 7.2% to $115.3 million) and EPS (pegged at $0.70 against $0.94 in the year-prior period). At the same time, the company terminated chief growth officer David Henderson without cause (more).

Ulta Beauty did well in its second quarter, beating Wall Street estimates on sales ($3 billion versus $2.98 billion expected) and earnings per share ($6.55 versus $6.20 expected). “Our team delivered another impressive quarter of strong sales, profit, and earnings growth, demonstrating that we are executing with discipline and translating our Ulta Beauty Unleashed strategy into tangible benefits for our guests,” CEO Kecia Steelman said (more).

Gap has announced a new CEO for its Old Navy banner, with Michael Francis moving from chief customer officer into the CEO position, replacing current CEO Haio Barbeito. Gap shares managed to improve by 12% in price in extended trading following the announcement (more).