Nike adds LVMH executive Alexandre Arnault to board
Nike has appointed LVMH executive Alexandre Arnault to its board as it works on a turnaround focused on reviving growth and strengthening its brand.
Nike Inc. (NKE) has added LVMH executive Alexandre Arnault to its board as the sportswear company works to revive growth and bolster its brand. The appointment adds luxury-sector experience to Nike’s leadership team as CEO Elliott Hill pushes a turnaround centered on product innovation and consum…