Why Nike’s CEO believes turnaround efforts could hurt in the short term
Saturday, 21 December 2024 ()
Bloomberg reports Nike Inc. is bracing for a turbulent phase as new Chief Executive Officer Elliott Hill leads efforts to revitalize the sportswear giant. Hill, who assumed the role in October, announced a series of strategic shifts during the company’s latest earnings call. These initiatives aim to reignite demand, particularly in sports-related product lines, but […]
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