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Story summary
- Nike appointed Alexandre Arnault to its board of directors.
- Arnault has been deputy chief executive officer of Moët Hennessy since February 2025.
- He previously served as executive vice president of product, communications and industrial at Tiffany & Co. for four years.
- Arnault led LVMH’s acquisition of Rimowa and was Rimowa’s CEO for four years.
- Nike reported fourth-quarter net sales of $10.97 billion, down 1 % year over year.