Athleta appoints Nike veteran as new CEO to revitalize brand

1 min read
Source: CNBC
Athleta appoints Nike veteran as new CEO to revitalize brand
Photo: CNBC
TL;DR Summary

Nike's head of North American women's business, Maggie Gauger, is leaving to become CEO of Athleta, a move that signifies a strategic shift for both brands amid challenges in their women's apparel segments. Gauger's departure is a setback for Nike as it aims to strengthen its female customer base, while Athleta seeks to revitalize its brand under new leadership.

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