Geox SpA :The company and CEO Giorgio Presca have reached an agreement to terminate Giorgio Presca's relationship as an employee and director effective from Jan. 12.
China Hongxing Sports Ltd - :Cessation of Wu Rongguang as executive director and chairman of board.
Nike Inc : CEO on conf call- "there are areas in the short-term where we haven't executed as precisely as we would have liked" . CEO on conf call- scaling a process we call the express lane which allows us to go from creation to market in weeks instead of months. . CEO on conf call- .in q12 direct to consumer business grew 23% with Nike. Com leading the way at 46% . President on Nike Brands- the Apple Watch Nike Plus is selling well ahead of our plans . President on Nike Brands- N.America inventory down 4%., "we continue to keep supply tight which you'll see reflected in futures" . CFO- for the full year, continue to expect reported revenue growth in the high single-digit range . CFO- FX headwinds from further strengthening of the u.s. Dollar have put downward pressure on our second half revenue forecast . CFO- for Q3, expect reported revenue to grow squarely in the mid single-digit range . CFO- expect q3 gross margin to contract by approximately 100 to 125 basis points driven primarily by fx. . Ceo on conf call- "direct-to-consumer continues to be one of the greatest returns on investment" . President on Nike Brands- "we're seeing incredible momentum in basketball, to be clear, basketball is back" . President on Nike Brands- we expect a return to growth in nike basketball over the back half of the fiscal year.
Le Saunda Holdings Ltd <0738.HK>: Cheng Wang, Gary, an executive director of company, has been appointed as chief executive officer .Wong Sau Han has resigned as an executive director of company.
Nike Inc : Nike, Inc. And Phil Knight complete planned chairman succession . Nike Inc says Phil Knight appointed chairman emeritus . Nike Inc says Mark Parker, Nike president and CEO, to now also serve as chairman . Also announced today that Tim Cook, CEO of Apple, has been appointed lead independent director of board, effective immediately . Phil Knight announced that he has sold his voting interests in Swoosh Llc to hold majority of his shares of Nike Class A common stock . Phil Knight sold his voting interests in Swoosh Llc to a trust controlled by his son and Nike director, Travis Knight .After sale of swoosh voting interests, Travis controls two of five votes on swoosh board, with remaining three votes exercised by Nike directors Mark Parker, Alan Graf, Jr., John Donahoe.
Forus SA :Said on Wednesday appoints Hugo Ovando Zalazar as new chief executive officer of the company, effective July 4.
Kingmaker Footwear Holdings Ltd <1170.HK>: Re-designation of acting chairman to chairman, appointment of chief executive officer, cessation of acting chief executive officer, appointment of chairman of nomination committee, appointment of executive vice president . Chan Ho Man, Daniel has been re-designated from acting chairman to chairman . Huang Hsiu Duan, Helen has been appointed as chief executive officer . Kimmel Phillip Brian has ceased to serve as an acting chief executive officer . Chan Ho Man, Daniel Has Been appointed as chairman of the nomination of the company committee . Says Mumma Adin David has been appointed as an executive vice president .
Flyke International Holdings Ltd <1998.HK>: Says Lin Wenjian has resigned as the chairman, chief executive and executive director . Says Chim Kam Pang has resigned as the chief financial officer . Fong Sai Mo, executive director, will be responsible for following up and handling matters in respect of forensic accounting review, in place of Lin .
Le Saunda Holdings Ltd <0738.HK>: ...more resignation of executive director and chief executive officer <0738.HK> . Says Lau Shun Wai has resigned as an executive director and chief executive officer . The role and responsibility of Lau Shun Wai as CEO would be performed by existing executive directors of the company .