Pedestrians walk by the Nike Soho store, Thursday, June 15, 2017, in the SoHo neighborhood of New York. Nike said Thursday that it plans to sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1,400 jobs. It will also reduce the number of sneaker and clothing styles it makes by a quarter and focus on hot sellers. (AP Photo/Michael Noble Jr.)
Pedestrians walk by the Nike Soho store, Thursday, June 15, 2017, in the SoHo neighborhood of New York. Nike said Thursday that it plans to sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1,400 jobs. It will also reduce the number of sneaker and clothing styles it makes by a quarter and focus on hot sellers. (AP Photo/Michael Noble Jr.) Michael Noble Jr. AP
Pedestrians walk by the Nike Soho store, Thursday, June 15, 2017, in the SoHo neighborhood of New York. Nike said Thursday that it plans to sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1,400 jobs. It will also reduce the number of sneaker and clothing styles it makes by a quarter and focus on hot sellers. (AP Photo/Michael Noble Jr.) Michael Noble Jr. AP

Nike plans to cut jobs, product lines as part of ‘consumer direct offense’

June 16, 2017 11:14 AM

More Videos

  • Panthers Cam Newton on facing Packers Aaron Rodgers

    Carolina Panthers quarterback Cam Newton was asked about the possibility of facing Green Bay Packers quarterback Aaron Rodgers on Sunday, Dec. 17, 2017 at Bank of America Stadium. Newton was quick to make a joke about who he would be facing.