{"id":192287,"date":"2021-03-02T16:40:49","date_gmt":"2021-03-02T13:40:49","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nike-exec-departs-after-ties-to-sons-sneaker-business-revealed\/"},"modified":"2021-03-02T16:40:49","modified_gmt":"2021-03-02T13:40:49","slug":"nike-exec-departs-after-ties-to-sons-sneaker-business-revealed","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nike-exec-departs-after-ties-to-sons-sneaker-business-revealed\/","title":{"rendered":"#Nike exec departs after ties to son’s sneaker business revealed"},"content":{"rendered":"

“#Nike exec departs after ties to son’s sneaker business revealed<\/strong>”<\/p>\n

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A top Nike executive has stepped down after she was linked to her son\u2019s lucrative sneaker-flipping business.<\/p>\n

Ann Hebert, the sportswear giant\u2019s vice president and general<\/a> manager for North America, left her job Monday after more than 25 years at Nike, the company said in a brief statement<\/a>.<\/p>\n

Nike did not say why Hebert resigned, but her departure came four days after a Bloomberg Businessweek report<\/a> detailed how her 19-year-old son, Joe Hebert, made hefty profits by buying coveted sneakers from Nike and other companies and reselling them on websites like StockX.<\/p>\n

The younger Hebert got his start by flipping Supreme T-shirts in high school and went on to launch a company called West Coast Streetwear, which raked in as much as $600,000 in sales in a single month last year, the story says.<\/p>\n

\"Nike
Ann Hebert left her job Monday after more than 25 years at Nike.<\/figcaption>
Alamy Stock Photo<\/span><\/figcaption><\/figure>\n

But the teen also app<\/a>arently had a little help from his mom \u2014 at least one of West Coast Streetwear\u2019s American Express credit cards was set up in Ann Hebert\u2019s name, according to a statement he provided to Bloomberg. The card was then used to buy limited-edition sneakers that he could resell at a higher price.<\/p>\n

Hebert reportedly paid more than $200,000 for about 2,000 pairs of shoes he snapped up at Nike outlets as well as mom-and-pop shops and other chains like Foot Locker and Champs Sports.<\/p>\n

\u201cWe know that Nikes have the most variety in styles and the best discounts on their more select shoes,\u201d Hebert\u2019s shoe-shopping pal, Justin Taliaferro, told Bloomberg.<\/p>\n

Nike spokesperson Sandra Carreon-John told the outlet that Ann Hebert disclosed information about her son\u2019s business to the Oregon-based conglomerate in 2018 and did not violate any \u201ccompany policy, privileged information or conflicts of interest.\u201d<\/p>\n

There is also no commercial affiliation between Nike and West Coast Streetwear, \u201cincluding the direct buying or selling of Nike products,\u201d Carreon-John reportedly added.<\/p>\n

But that didn\u2019t stop Joe Hebert from being inspired by his mom\u2019s former employer \u2014 or using its shoes as a linchpin of his business.<\/p>\n

Taking a cue from Nike co-founder Phil Knight, Hebert and a friend criss-crossed the western US hunting down the Nike kicks last year as the coronavirus pandemic crimped sneaker supply chains, Bloomberg reported.<\/p>\n

\"Nike
Hebert reportedly paid more than $200,000 for about 2,000 pairs of shoes.<\/figcaption>
Alamy Stock Photo<\/span><\/figcaption><\/figure>\n

Ann Hebert was named the head of Nike\u2019s North America business last year after serving as the company\u2019s vice president of global sales. In a press release announcing her new role, Nike said Hebert would be \u201cinstrumental in accelerating our Consumer Direct Offense\u201d \u2014 the strategy of selling products directly through Nike\u2019s website, stores and apps that ended up helping resellers acquire hot sneakers more efficiently, as Bloomberg noted.<\/p>\n

Nike said Monday that it would name Hebert\u2019s replacement \u201cshortly,\u201d but didn\u2019t offer any further details about its timeline or who would fill her role in the meantime.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Nike exec departs after ties to son’s sneaker business revealed” A top Nike executive has stepped down after she was linked to her son\u2019s lucrative sneaker-flipping business. Ann Hebert, the sportswear giant\u2019s vice president and general manager for North America, left her job Monday after more than 25 years at Nike, the company said in…<\/p>\n","protected":false},"author":1,"featured_media":192288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/03\/nike-exec-steps-down-2.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[95843,66404,74656,70470,72636],"class_list":["post-192287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3-2-21","tag-nike","tag-resignations","tag-retail","tag-sneakers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/192287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=192287"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/192287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/192288"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=192287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=192287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=192287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}