JD Sports CEO 'really happy' about new Nike boss
LONDON, Oct 2 (Reuters) -The chief executive of Britain's JD Sports JD.L said he was "really happy" about sportswear giant Nike's appointment of veteran Elliott Hill as president and CEO from Oct. 14.
"We are really happy having him back," JD's Chief Executive Regis Schultz told reporters on Wednesday.
"It is good to have someone from the industry, someone who knows Nike and who knows all the products, so we are really welcoming him back to Nike."
Asked about Nike's withdrawal of its annual revenue forecast on Tuesday, where it warned that the holiday season will likely be filled with discounts, Schultz said he was not concerned.
"That's normal. He wants to review the guidance, I think there is nothing specific to think about," he said.
Reporting by Sarah Young, Editing by Paul Sandle
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