Markets

Nike’s new CEO is set to double down on the company’s success selling online. Here’s what analysts are saying about John Donahoe.

NikeCEO Mark Parker is stepping down from his role and will be replaced by former eBay chief executive John Donahoe in January, the company announced Tuesday. Some analysts expressed initial confusion as to why Nike didn’t promote from within its ranks, yet many praised Donahoe’s experience leading digital businesses and […]
Nike’s new CEO is set to double down on the company’s success selling online. Here’s what analysts are saying about John Donahoe.
Markets

Why Nike is caught in the middle of the NBA’s dispute with China

China’s dispute with the NBA over a team manager’s tweets in support of the Hong Kong protests could be a headache for Nike, the exclusive sponsor of the league’s player kits. Nike’s presence and popularity in China is huge – the sportswear giant netted 17% of the $US10.7 billion in […]
Why Nike is caught in the middle of the NBA’s dispute with China
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Why Nike Air Jordans are so expensive

Nike Air Jordans are more expensive than the average basketball sneaker. The Jordan 1 Retro Fragment can resell for up to $US2,000. Nike makes and markets its iconic sneakers to increase the value of the Jordan brand, which brought sports apparel into the mainstream in the ’90s. The Air Jordan […]
Why Nike Air Jordans are so expensive