Sportswear brand Nike plans to double its UK store portfolio over the next couple of years by opening 30 out-of-town shops.
According to the Sunday Express, executives from the US label held meetings with property agents last week in which the agents were told to begin searching for suitable locations.
Last week Nike announced its brand president Charlie Denson would retire in January, after 34 years at the label. Trevor Edwards, executive vice president of brand and category management will become the new Nike brand president.
Executive vice president of merchandising and product, Eric Sprunk, will become chief operating officer.
Jeanne Jackson, currently the president of direct-to consumer, is moving over to become president of product and merchandising, while Thomas Clarke, currently the president of new business development, will become president of innovation.
Nike is scheduled to release its fourth quarter results this week (June 27).