Donahoe

A Nike store is pictured in Sanlitun on March 27, 2021 in Beijing, China.VCG | Getty ImagesNike CEO John Donahoe acknowledged geopolitical tensions are rising with China – one of its largest markets – but said decoupling from the region would be "disastrous" for global trade. During a sit-down interview at the inaugural CNBC CEO Council Summit in Santa Barbara, California, on Monday evening, CNBC's Sara Eisen asked Donahoe about the threat of China invading Taiwan and Beijing's position in Russia's war with Ukraine. "You…

Nike President and CEO John Donahoe.Source: NikeAs a political battle rages between Florida Gov. Ron DeSantis and Disney, Nike CEO John Donahoe said it's important for corporations to choose their battles, but fight for the values integral to their brands. During a sit-down interview at the inaugural CNBC CEO Council Summit in Santa Barbara, California, Monday evening, CNBC's Sara Eisen touched on the DeSantis controversy and asked Donahoe if he was worried Nike would become a target."Aren't you worried that if Ron…

Nike CEO John Donahoe said Thursday the company is "really focused" on Gen Z consumers in China and that the athletic apparel retailer is continuing to see strong demand in the region, even amid Covid-related disruptions. "We're still the number one cool and favorite brand in Shanghai and in Beijing. We're really focused on the Gen Z consumer in China, we saw a very good response from the Gen Z consumer who wants the most innovative products and wants brands that are globally relevant," Donahoe told CNBC's "Closing Bell."…