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Nike CEO says sneaker giant 'lost its obsession with sport,' vows to revive iconic brand

2024-12-19

sport

Nike CEO says sneaker giant 'lost its obsession with sport,' vows to revive iconic brand

Nike's new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its brands. Shares of Nike surged 11% immediately after the earnings report but gave up those gains after Hill and CFO Matthew F ...Leggi di più

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