Nike Expects $2.5M in Savings from New Operating Model -- Market Talk
Dow Jones2026/10/01 20:561655 ET - Nike is changing its operating model under a program called Pace, which is expected to deliver about $2.5 million in cumulative savings through fiscal 2031. Pace includes efforts to modernize Nike's global supply, establish a new campus in India, realign to three geographies and streamline the organization to reduce costs. As part of the program, Nike expects $1 billion in charges primarily related to employee-related costs. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
October 01, 2026 16:56 ET (20:56 GMT)
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