Nike makes leadership promotions under new strategy but jobs cuts loom

// Nike to make job cuts after launching new Consumer Direct Acceleration (CDA) strategy
// The sportswear giant has made a number of promotionsNike has announced job cuts and has made a number of changes in its leadership team in order to support its new Consumer Direct Acceleration (CDA) strategy.
The CDA, which was revealed last month, is a digital initiative to help support the retailer’s direct-to-consumer business, designed “to create a more premium, consistent and seamless con