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Nike Names New CEO for Iconic Brand - The Business Journals

CHINA, JUL 10 – Aaron Cain, a 21-year Nike veteran, takes over Converse leadership as sales drop 19% to $1.7 billion, part of Nike's broader efforts to reverse recent revenue declines.

Summary by KGW 8
After two consecutive years of double-digit revenue declines, Nike’s Converse label will head into its "next chapter" with a new leader.

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The Business Journals broke the news in United States on Thursday, July 10, 2025.
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