Nike unveiled new premium Pegasus shoes, Alphafly marathon shoes, and basketball shoes to revitalize its business, with CEO John Donahoe planning $2bn cost cuts over 3 years.
Nike unveiled new products, including premium Pegasus shoes, Alphafly marathon shoes, and basketball shoes, at the former Paris stock exchange to revitalize its business after a tough year. CEO John Donahoe plans to cut $2bn in costs over 3 years and refocus on sports and speeding up product development. The new shoes, including the 41st edition of the Pegasus running shoe, will launch in time for the Paris Olympics in July.
April 14, 2024
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