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Nike And Adidas Among J.C. Penney’s Top Unsecured Trade Creditors

Nike And Adidas Among J.C. Penney’s Top Unsecured Trade Creditors

Nike was left with an unpaid bill of $32.1 million in the bankruptcy of J.C. Penney, according to court documents. Other firms in the active lifestyle space landing on the list of the top-50 unsecured creditors included Adidas, owed $7.1 million; Supreme International, $5 million; Izod, $4.6 million; and New Balance, $3.2 million. (Read More)

Nike Names Ann Hebert VP, GM Of North America Geography

Nike Names Ann Hebert VP, GM Of North America Geography

Nike Inc. announced senior leadership changes to continue accelerating growth in its flagship market. Effective June 1, Nike veteran Ann Hebert, vice president of global sales, will become vice president, general manager of North America Geography, succeeding long-time executive Tom Peddie who is retiring from Nike. (Read More)

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