Retail
Nike's 'Pace' Overhaul Targets $2.5 Billion in Savings and $1 Billion in Charges, With Fewer Roles From 2027
The program disclosed under Item 2.05 of an 8-K realigns Nike into three geographies, adds an India campus and modernizes the supply chain. No headcount figure has been disclosed.
DW
By Dana Whitfield
Oct 3, 2026 · 2 min read
Nike's board approved an operating-model overhaul called Pace on Oct. 1, and the company disclosed it the same day under Item 2.05 of a current report on Form 8-K, the item reserved for costs associated with exit or disposal activities.
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DW
Dana Whitfield
Leadership Editor
Dana reports on boards, succession and executive pay. She has interviewed more than 200 sitting chief executives.