Nike shuffles top innovation executives

Store front of Nike by Bridgeport Village on May 10, 2023.

Store front of Nike by Bridgeport Village on May 10, 2023.Nike

Nike confirmed a minor reshuffling of its top innovation executives on Thursday as the sportswear company works to boost the development of new sneakers and apparel, a top priority given the company’s falling stock price and flattening sales.

The company said John Hoke will have sole responsibility for overseeing advanced innovation. Hoke previously served atop innovation alongside Tom Clarke.

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