Monday, August 31, 2009

Nike prepares to put new game plan into play

by Laura Oppenheimer, The Oregonian
Sunday August 30, 2009, 9:15 PM

Nike's slowed growth is likely to continue for the next few quarters, says analyst Matt Powell of SportsOneSource. And it wouldn't surprise him if, in the short term, the reorganization played a role.

"You've got a lot of new people in new jobs. You had the whole distraction of, 'Am I going to lose my job?'" Powell says. "Having been through this in companies, it's very hard to keep your eye on the ball."

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