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Nike’s executive saga exposes uneasy ties with resellers

Bloomberg A senior Nike Inc executive’s abrupt departure has laid bare the sometimes-uncomfortable relationship between sneaker makers and the underground network of resellers who thrive off their brands. The sneakerhead community was buzzing over the resignation of Ann Hebert, Nike’s vice president and general manager of North America. The revelation came just days after a Bloomberg Businessweek report about her ...

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Canada Goose, NBA announce clothing line

Bloomberg Canada Goose Holdings, the company known for its Arctic-ready luxury parkas, announced a partnership with the National Basketball Association (NBA) that will showcase its foray into warmer-climate collections. Under the multiyear agreement, Toronto-based Canada Goose will produce capsule collections timed around the NBA’s annual midseason All-Star game. The manufacturer will collaborate with different designers, starting this year with LA-based ...

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Asia rebuffing US sanctions on Myanmar, giving generals lifeline

Bloomberg As the US looks to build a coalition to further punish Myanmar’s generals, it’s not having much success convincing governments in Asia to follow suit. The standing of army chief Min Aung Hlaing’s regime has slipped even further in the West after his envoy to the United Nations denounced the military takeover and Myanmar authorities killed at least 18 ...

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