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Rundown: Nike shakeups, Rent the Runway restructuring & DTC fire sales

Rundown: Nike shakeups, Rent the Runway restructuring & DTC fire sales

FromThe Modern Retail Podcast


Rundown: Nike shakeups, Rent the Runway restructuring & DTC fire sales

FromThe Modern Retail Podcast

ratings:
Length:
28 minutes
Released:
Jan 13, 2024
Format:
Podcast episode

Description

This week on the Modern Retail Rundown: Nike announced the surprising departure of its COO Andy Campion, alongside the end of its longterm partnership with golf star Tiger Woods. Similarly, rental service Rent the Runway is also restructuring -- with its COO also leaving and the company laying off 10% of its employees as it tries to improve the business. Finally, industry watchers expect to see more direct-to-consumer exits in 2024 as more founders look to sell their companies.
Released:
Jan 13, 2024
Format:
Podcast episode

Titles in the series (100)

The Modern Retail Podcast is a weekly show that hears from executives in the retail space, from legacy companies to the buzzy world of DTC startups. Cale Weissman, editor of Modern Retail, hosts.