Nike at a 12-Year Low Just Brought in the Man Running LVMH's Worst Division
Nike is trading near a 12-year low, down more than 80% from its 2021 peak, and today the board added Alexandre Arnault. LVMH says he "has earned a reputation for helping iconic brands." The record says Moët Hennessy profit fell 25%, Tiffany's turnaround has never been disclosed,...