July 22, 2020 Nike Reveals Broad Strategic Realignment and Layoffs
The Eager Beavertons’ executive shake-up will better align the company’s operating model with an even stronger emphasis on DTC, dubbed “Consumer Direct Acceleration,” announced last month when it reported full-year results. Presidential Candidate Kanye West Demands Adidas Board Seat
While it’s not clear whether the rapper and fashion designer is any more serious about seeking to join the Big a’s board than he is seeking the oval office, West demanded to become a director of both Adidas and Gap. Chinese Sportswear Brands Report Sales Declines in Q2
Xtep said that retail sell-through dropped low-single digits in the second quarter, and that retail discount level was 30-35%, with a higher than usual 5.0 to 5.5 months of inventory in the channel.
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