Retail – Page 11 – Charm

Nike former CEO John Donahoe’s downfall: What went wrong

When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure offered a brutal reminder to corporate boards: Focus on what a company’s core business is when looking for a new CEO. As Donahoe took over the top spot at Nike’s in early 2020, the…

Hong Kong’s Battered Property Market Lures Chinese State Buyers

Cs news10 months ago01 mins

As Hong Kong’s commercial property slump drags on, Chinese state money has emerged as one of the few pillars of support. Chinese firms have become active buyers in the city’s flailing real estate market, snapping up shopping malls and offices as local and international investors pull back. While deal sizes are smaller than during Hong…