Nike CEO To Retire As Sportswear Company Sales Drop

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Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition. 
Categories: BusinessCEOChief Executive OfficerConsumer spendingdirect-to-consumerElliot HillEuropefiscal 2025inflationinnovative productsinvestorJames MeyersJohn DonahoeLSEGnikenorth americaOAN NewsroomOctober 14 2024OregonpresidentretirementrivalssalessharesSportsTodays HeadlinesWilliam Ackman

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