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Management

Fashion’s Wealthiest: Top 10 Richest People of 2016

London - “I think that fashion has become such a big business and with globalisation we are on new territory at this point. We are not just designing for a country we are designing for a world now,” said American fashion designer Anna Sui in an interview with CNN in 2006. Ten years later, and the business of fashion continues to boom. Fashion is...

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Member
Report

Nike Co-founder Phil Knight officially retires as its Chairman

On Thursday, Nike, the global leader in the athletic gear segment officially announced departure of the company’s Co-Founder and Chairman Phil Knight. Nike’s CEO Mark Parker has taken over the Chairman’s role from Knight. The company also announced that Apple CEO Tim Cook has now become the Lead Independent Director on its board. Knight to serve...

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People

Nike chairman Phil Knight to step down in 2016

Nike co-founder Phil Knight is planning to step down as chairman of the world’s largest sportswear brand next year, as it looks to establish “long-term stability in the ownership and governance of the company”. Knight named Mark Parker, the current chief executive of Nike, as his choice to become the next chairman of the company. The sportswear...

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