In a Thursday interview on CNBC, host Sara Eisen asked whether Nike has to"sacrifice its values" to continue doing business in China, given its reported horrific treatment of Uighur Muslims, Hong Kong citizens and journalists, and charges it covered up the true origins of the coronavirus pandemic.
Donahoe went on to assert that Nike has been"globally successful" by operating"very aligned with our values – always have been – always will, including throughout our entire supply chain."
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CEO of Wrangler parent says 'global casualization' will continue to dominate apparel marketScott Baxter, CEO of Wrangler parent Kontoor Brands, told CNBC the pandemic-inspired casual clothing boom will continue to lead apparel sales.
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