Nike boss steps down as company veteran returns
Source: BBC
The boss of Nike will step down next month, making way for a company veteran to take his place as the leader of the world's biggest sportswear company amid tough competition in the retail sector.In a statement, Nike said John Donahoe will retire on 13 October, staying on in an advisory role until early next year to "ensure a smooth transition".Demand for the company's trainers has been faltering in international…
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