Nike bets on a millennial Arnault heir after bleeding $200 billion and being ousted from the S&P 100

Fortune•Thu, Sep 17, 2026, 05:05 PM•2 min read

Alexandre Arnault joins the board after helping revive heritage brands Rimowa and Tiffany as Nike fights to restore growth and cultural relevance

Source: [Fortune](https://fortune.com/2026/09/17/nike-alexandre-arnault-board-director-lvmh/)

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