Nike CEO Says Employee Policies Will Be Updated After Sneaker Resale Scandal

Nike CEO John Donahoe has addressed the recent scandal involving former North American vice president and general manager Ann Hebert, saying that the company is planning to update some of its employee policies in response.Hebert voluntarily resigned last week after more than 25 years with the company. Bloomberg first broke news of the scandal, which involved Hebert's 19-year-old son and his sneaker resale business. According to the report, Hebert's son used an American Express credit card in her...