Prediction: This Will Be Nike's Next Big Move

Nike's new CEO starts this week. Nike (NKE 0.06%) has been struggling for years, and the company finally faced the music on a needed overhaul, announcing last month that CEO John Donahoe would be leaving the company. Donahoe took the CEO position in 2020, having previously served as CEO of ServiceNow, the enterprise cloud software giant. Donahoe brought a tech-first mentality, emphasizing data-driven priorities like digital sales and performance marketing, but a lack of attention to product, brand-building, ...