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Nike Inc.
NKE, -2.45%
is opening is latest retail experience, Nike NYC, on Thursday on Manhattan’s Fifth Avenue. The shop offers benefits and features like the Speed Shop, which offers locals swift access to popular items and the ability to pick up items that NikePlus members reserve on the Nike app, personal service in the Nike Expert Studio, and a customized visit based on app in-store features. On Tuesday, Nike announced that Craig Williams has been named president of the Jordan brand. Williams joins from Coca-Cola Co.
KO, -0.58%
where he was senior vice president and president of the McDonald’s division where he was responsible for growing the strategic partnership with the fast-food giant
MCD, -0.92%
He succeeds Larry Miller, who will become chairman of the new Jordan brand advisory board. Nike shares have gained 17.7% for the year so far while the Dow Jones Industrial Average
DJIA, -0.63%
is up 1% for the period.
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