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Over the past several months, talk of Nike chief executive John Donahoe being ousted from the role he’s held since 2020 has gone from whispered speculation to open discussion as pressure grows on the brand to draw a line under a historic slump.
Analysts at Bernstein wondered if a management change is “on the horizon” in an email to clients earlier this month. Stephanie Link, chief investment strategist at Hightower Advisors, said on CNBC, “I think for the stock to work, you do need…
