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A young Arnault on the board of a desperate Nike

Embrenhada em uma crise sem precedentes, a Nike anunciou que Alexandre Arnault – um dos filhos de Bernard, o controlador da LVMH, e número 2 da Moët Hennessy – vai ocupar uma cadeira no board da companhia. Segundo executivos da produtora de materiais esportivos, o francês de 34 anos já provou que sabe conduzir marcas […] The post Um jovem Arnault no ‘board’ de uma Nike desesperada appeared first…

Translated from Portuguese Read in Portuguese

The Nike company has announced that Alexandre Arnault, son of Bernard Arnault, will join its board of directors. Alexandre, 34, has experience leading brands such as Rimowa and Tiffany & Co., and is currently executive vice president of Moët Hennessy. He will be part of Nike's efforts to revamp its operations and board, amid a crisis that has seen the company's stock price fall 50% in a year and 80% since 2021. Alexandre has expressed his admiration for Nike, citing its values of innovation, creativity, and performance.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at braziljournal.com →

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