NIKE sees Berkshire Hathaway, which counts Fruit
NIKE seesBerkshire Hathaway, which counts Fruit of the Loom and Russell Corp. in itsvast corporate portfolio, double its stake to eight million shares in Q2 endedJun. 30. B-H’s current NKE stake, based on the stock’s $52.76 price early Aug.16, is worth more than $422 million but only represents 1.6% of Nike’s 502.11million shares outstanding. Meanwhile, NKE shuffles its regional apparelchiefs. Nearly 10-year Swoosh veteran Mary Kate Buckley, 47, is named VP ofapparel for the EMEA region where she will report to ... Log in to view full article.