4 Consumer Stock Stories For Smart Investor Shopping

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Nike (NYSE:NKE): Closing price $60.78

The apparel giant announced Thursday that the Nike Brand President Charlie Denson, who occupied that office since 2006 and is a 34-year veteran of the brand, will step down in January. Connected with Denson’s retirement, Nike also announced strategic changes in its executive management team as part of its long-term organizational strategy to set the business up to continue to drive growth. The changes reflect the firm’s focus on the consumer by stepping up innovation, aligning product and merchandising superiority, elevating design, optimizing go-to-market strategies, and intensifying its focus on supply chain and  manufacturing capabilities.

Are these stocks a buy or sell? Let us help you decide. NKE

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business