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“Willamette Week” previously reported that the discount should not affect employees at Nike stores and distribution centers, citing an email Nike boss John Donahoe sent to the workforce. According to the latest information at the end of May 2023, the US group had approximately 83,700 employees.
The company announced in December that it wanted to save approximately two billion dollars in the coming years. Nike is in fierce competition with brands such as Adidas and Puma, among others, and in the US, consumers are again spending less on these brands following a boom in sports goods during the coronavirus pandemic. (SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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