Athleta appoints Nike veteran as new CEO to revitalize brand

1 min read
Source: CNBC
Athleta appoints Nike veteran as new CEO to revitalize brand
Photo: CNBC
TL;DR

Nike's head of North American women's business, Maggie Gauger, is leaving to become CEO of Athleta, a move that signifies a strategic shift for both brands amid challenges in their women's apparel segments. Gauger's departure is a setback for Nike as it aims to strengthen its female customer base, while Athleta seeks to revitalize its brand under new leadership.

Share this article

Want the full story? Read the original reporting

Read on CNBC