{"id":7141,"date":"2026-10-02T16:00:00","date_gmt":"2026-10-02T16:00:00","guid":{"rendered":"https:\/\/dev95.site\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\/"},"modified":"2026-10-02T16:00:00","modified_gmt":"2026-10-02T16:00:00","slug":"must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion","status":"publish","type":"post","link":"https:\/\/dev95.site\/ar\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\/","title":{"rendered":"<div>Must Read: Nike Cuts Jobs Under New &#8216;Pace&#8217; Restructuring Plan, Sycamore Close To Selling Boots for $9 Billion<\/div>"},"content":{"rendered":"<div id=\"dev95-1927405452\" class=\"dev95-- dev95-entity-placement\"><script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl27862732.profitableratecpmnetwork.com\/2ad7a50e0bbc23ac6801d7b77c501463\/invoke.js\"><\/script>\r\n<div id=\"container-2ad7a50e0bbc23ac6801d7b77c501463\"><\/div><\/div><div id=\"dev95-2402121271\" class=\"dev95-before-content dev95-entity-placement\"><p style=\"text-align: center;\"><strong>Stop wasting time on dead links! \ud83d\uded1 This smart platform automatically detects your device and country to give you the exact best offer instantly. Check it out now 100% free! \ud83d\udc47<\/strong><br data-sfc-root=\"ep\" data-sfc-pl=\"|||[]\" data-complete=\"true\" data-copy-service-computed-style=\"font-family: Arial, sans-serif, &quot;Noto Color Emoji&quot;; font-size: 16px; font-weight: 400; margin: 0px; text-decoration: none; border-bottom: 0px rgb(10, 10, 10);\" \/><a href=\"https:\/\/www.profitableratecpmnetwork.com\/pvhx5mbcc?key=ff7d362db3c20bc86fad685cc94f1fc4\">\ud83d\udd17 <strong class=\"rQesXe MPyX\" data-sfc-cp=\"\" data-sfc-root=\"ep\" data-complete=\"true\" aria-owns=\"action-menu-parent-container\" data-copy-service-computed-style=\"font-family: Arial, sans-serif, &quot;Noto Color Emoji&quot;; font-size: 16px; font-weight: 700; margin: 0px; text-decoration: none; border-bottom: 0px rgb(10, 10, 10);\">[Click here]<\/strong><\/a><\/p>\n<\/div><div>\n<p><em>These are the stories making headlines in fashion on Friday.<\/em><\/p><div id=\"dev95-447881700\" class=\"dev95- dev95-entity-placement\"><center>\r\n<script>\r\n  atOptions = {\r\n    'key' : '4ba6b6513c00e0ba76511f798ae56401',\r\n    'format' : 'iframe',\r\n    'height' : 50,\r\n    'width' : 320,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highrevenueformat.com\/4ba6b6513c00e0ba76511f798ae56401\/invoke.js\"><\/script>\r\n\t<\/center><\/div>\n<h3>Nike Cuts Jobs Under New \u2018Pace\u2019 Restructuring Plan<\/h3>\n<p>On Thursday, Nike announced a restructuring plan called \u201cPace\u201d that will cut jobs next year and consolidate its four geographic regions into three, after quarterly sales fell 4% to $11.2 billion. The company expects the plan to save $2.5 billion by fiscal 2031 at an implementation cost of $1 billion, including $300 million in severance. Sales in Greater China dropped 22% \u2014 the fifth straight quarterly decline in the region. Nike expects full-year revenue to fall by a high-single-digit percentage. {<a href=\"https:\/\/about.nike.com\/en\/newsroom\/releases\/nike-inc-corporate-announcement-october-1-2026\">Nike<\/a>; <a href=\"https:\/\/www.businessoffashion.com\/news\/sports\/nike-announces-yet-another-round-of-restructuring-amid-sales-drop\/\">Business of Fashion<\/a>\/paywalled}<\/p>\n<h3>Sycamore Close to Selling Boots for $9 Billion<\/h3>\n<p>Sycamore Partners, the private equity firm that took control of Boots by acquiring its parent company Walgreens Boots Alliance Inc. in 2025, is nearing a deal to sell the chain to the Canadian Weston family. The sale would hand over more than 1,800 U.K. stores just weeks after new CEO Alex Baldock started and would end speculation about a London IPO. Boots reported revenue of \u00a37.5 billion ($9.9 billion) in its latest year\u2019s accounts, up 3.2%. {<a href=\"https:\/\/www.businessoffashion.com\/news\/beauty\/sycamore-boots-pharmacy-nears-deal\/\">Business of Fashion<\/a>\/paywalled}<\/p>\n<h3>ChatGPT Adds Virtual Try-On to Its Features<\/h3>\n<p>OpenAI updated ChatGPT Images to version 2.5, adding a virtual try-on feature and a way for shoppers to save items they like in a personal library. Users can upload a selfie and tap \u201ctry on\u201d in shopping results, or upload a photo of a style they want to see on themselves. {<a href=\"https:\/\/wwd.com\/business-news\/technology\/chatgpt-virtual-try-on-fashion-shopping-1239302870\/\">WWD<\/a>\/paywalled}<\/p>\n<h3>How the Target Boycott Impacted Black Beauty Founders<\/h3>\n<p>In January, consumers began boycotting Target over its rollback of diversity, equity and inclusion programs. Since then, the retailer has not restored the programs. Sales and traffic have rebounded from the initial slump, but Black-owned brands that rely on Target shelf space may have taken the hardest hit, according to several beauty founders and executives. The debate has been sharpened by the launch of Target Beauty Studio, where only two of 90 brands are Black-owned or Black-founded. {<a href=\"https:\/\/www.beautyindependent.com\/did-target-boycott-work-black-voices-beauty-say-complicated\/\">Beauty Independent<\/a>\/paywalled}<\/p>\n<h3>Business of Fashion Unveils the BoF 500 Class of 2026<\/h3>\n<p>The Business of Fashion unveiled <a href=\"https:\/\/www.businessoffashion.com\/bof500\/search\/?collections=2026\">The BoF 500 Class of 2026<\/a>, adding 100 people to its index of figures shaping the global fashion industry and bringing the total to 1,713 members. Among the new class are designers Dario Vitale and Foday Dumbuya, executives Luca De Meo of Kering and Hillary Super of Victoria\u2019s Secret as well as athletes and entertainers Eileen Gu, Naomi Osaka and Teyana Taylor. All of these new entrants will be honored at a gala at the Shangri-La Paris on Saturday. {Fashionista inbox}<\/p>\n<p><em><a href=\"https:\/\/fashionista.com\/page\/fashionista-advertising\">Do you have an emerging brand you want to share with Fashionista readers? Jumpstart your business with our affordable digital offerings.<\/a><\/em><\/p>\n<\/div>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_7141\" class=\"pvc_stats total_only  \" data-element-id=\"7141\" style=\"\"><i class=\"pvc-stats-icon large\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/i0.wp.com\/dev95.site\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif?resize=16%2C16&#038;ssl=1\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n<div id=\"dev95-2165922699\" class=\"dev95-after-content dev95-entity-placement\"><p style=\"text-align: center;\"><strong>Finally, a link that actually works for your region and device! \ud83c\udf0d Get instant access to the top exclusive offers tailored just for you right now. Don&#8217;t miss out, click here! \ud83d\udc47<\/strong><br data-sfc-root=\"ep\" data-sfc-pl=\"|||[]\" data-complete=\"true\" data-copy-service-computed-style=\"font-family: Arial, sans-serif, &quot;Noto Color Emoji&quot;; font-size: 16px; font-weight: 400; margin: 0px; text-decoration: none; border-bottom: 0px rgb(10, 10, 10);\" \/><a href=\"https:\/\/www.profitableratecpmnetwork.com\/uzeja8ahze?key=bc876be53d6ad0ff6370ab8ea030e479\"><strong>\ud83d\udd17 [Click here]<\/strong><\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>These are the stories making headlines in fashion on Friday. Nike Cuts Jobs Under New \u2018Pace\u2019 Restructuring Plan On Thursday, Nike announced a restructuring plan called \u201cPace\u201d that will cut jobs next year and consolidate its four geographic regions into<\/p>\n<div class=\"hosteria-entry-more\"><a href=\"https:\/\/dev95.site\/ar\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\/\" class=\"no-underline font-light  group-hover:text-primary-800 dark:group-hover:text-primary-300 py-1\">Read more &gt;&gt;&gt;<\/a><\/div>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_7141\" class=\"pvc_stats total_only\" data-element-id=\"7141\" style=\"\"><i class=\"pvc-stats-icon large\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/dev95.site\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=\"0\" \/><\/p>\n<div class=\"pvc_clear\"><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fp_fajr_begins":"","fp_fajr_iqamah":"","fp_dhuhr_begins":"","fp_dhuhr_iqamah":"","fp_asr_begins":"","fp_asr_iqamah":"","fp_maghrib_begins":"","fp_maghrib_iqamah":"","fp_isha_begins":"","fp_isha_iqamah":"","fp_midnight":"","fp_midnight_name":"","fp_sunrise":"","fp_single_prayer_begins_title":"","fp_single_prayer_iqamah_title":"","fp_prayer_times_for_today":"","fp_hijra_date":"","fp_fajr_name":"","fp_dhuhr_name":"","fp_asr_name":"","fp_maghrib_name":"","fp_isha_name":"","fp_sunrise_name":"","fp_currentDate":"","fp_current_time":"","fp_current_title":"","fp_current_location":"","fp_masjid_name":"","fp_prayer_title":"","fp_next_prayer_iqamah_time":"","fp_next_prayer_iqamah_title":"","fp_next_prayer_begins_time":"","fp_next_prayer_begins_title":"","fp_next_prayer_title":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[37],"tags":[],"class_list":["post-7141","post","type-post","status-publish","format-standard","hentry","category-posts"],"a3_pvc":{"activated":true,"total_views":6,"today_views":3},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Must Read: Nike Cuts Jobs Under New &#039;Pace&#039; Restructuring Plan, Sycamore Close To Selling Boots for $9 Billion - Dev95<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev95.site\/ar\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\/\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Must Read: Nike Cuts Jobs Under New &#039;Pace&#039; Restructuring Plan, Sycamore Close To Selling Boots for $9 Billion - Dev95\" \/>\n<meta property=\"og:description\" content=\"These are the stories making headlines in fashion on Friday. Nike Cuts Jobs Under New \u2018Pace\u2019 Restructuring Plan On Thursday, Nike announced a restructuring plan called \u201cPace\u201d that will cut jobs next year and consolidate its four geographic regions intoRead more &gt;&gt;&gt;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev95.site\/ar\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Dev95\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-02T16:00:00+00:00\" \/>\n<meta name=\"author\" content=\"dev95\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0643\u064f\u062a\u0628 \u0628\u0648\u0627\u0633\u0637\u0629\" \/>\n\t<meta name=\"twitter:data1\" content=\"dev95\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0648\u0642\u062a \u0627\u0644\u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u064f\u0642\u062f\u0651\u0631\" \/>\n\t<meta name=\"twitter:data2\" content=\"\u062f\u0642\u064a\u0642\u062a\u0627\u0646\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev95.site\\\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev95.site\\\/must-read-nike-cuts-jobs-under-new-pace-restructuring-plan-sycamore-close-to-selling-boots-for-9-billion\\\/\"},\"author\":{\"name\":\"dev95\",\"@id\":\"https:\\\/\\\/dev95.site\\\/#\\\/schema\\\/person\\\/b807805ffe2916206b04d0938bce0298\"},\"headline\":\"Must Read: Nike Cuts Jobs Under New &#8216;Pace&#8217; 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