Apple CEO Tim Cook is now seen to have bought shares of the popular shoe manufacturer, Nike for $3 million. This is seen to double Tim Cook's previous holdings in Nike.
This investment and purchase of shares was made in an individual capacity. For your information, Tim Cook has been on the company's board of directors since 2005.
Nike this year continues to face challenges in maintaining their sales figures, especially in China, where Nike faces various challenges from other brands with more competitive price offers.
With the beginning of 2026, it is expected that Nike will continue to need to optimize sales and marketing, in addition to coming up with good products to continue winning the hearts of consumers - or it may face continued problems. Several brands from China are seen to continue to compete healthily in expanding their offerings to the global market. Previously, it was said that Anta and Li Ning were looking to buy the Puma brand.
