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Nike Announces Yet Another Round of Restructuring Amid Sales Drop

Following a 4 percent drop in quarterly sales, Nike is overhauling global operations under its new “Pace” plan — a move that includes job cuts that will cost the company $300 million in severance.

Nike Announces Yet Another Round of Restructuring Amid Sales Drop

We haven't written up this one. Business of Fashion has the full story — the link below goes straight to it.

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NBTC moves to break 2-month deadlock

Six commissioners of the National Broadcasting and Telecommunications Commission (NBTC) are set to hold their own board meeting on Friday without the chairman, breaking a deadlock of more than two…

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