Nike execs have become some of the hottest hires in sportswear, triggering a talent war among rivals like Lululemon, North Face, and Columbia — and raising fears of a brain drain
Lululemon launched a footwear line earlier this year. The sportswear company has poached a handful of execs from Nike.One reason Nike employees are leaving is insiders said thein his tenure resulted in fewer middle-management roles and fewer opportunities for advancement. Insiders also said the company's org chart, which the company describes as a matrix, needed to be simplified.
"There's a lot of institutional knowledge that has either walked out the door of its own volition or been shown the door," a former employee said.
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