Nike’s executive quits over son’s $132K sneaker purchase
By DAVID MATTHEWS
NEW YORK DAILY NEWS |
MAR 01, 2021 AT 7:58 PM
A Nike executive resigned from the company Monday after her son used one of her credit cards to purchase $132,000 worth of limited-edition sneakers for his own resale company.
Ann Hebert, the vice president and general manager of Nike’s North America division, was implicated after a Bloomberg Businessweek report found her son Joe Hebert, 19, used bots to make an online purchase of 600 pairs of a sought-after sneaker (the Adidas Yeezy Boost 350 Zyon) after they were released. Hebert used the corporate American Express credit card which was in his mother’s name to build up the stock of his resale business West Coast Streetwear and sold the shoes for more than $20,000 profit.
more:
http://www.nydailynews.com/news/national/ny-nike-business-head-quits-son-sneaker-purchases-resale-company-20210302-fddfcktdvrhaxf47xhi2qshcgy-story.html?utm_source=kw&kwp_0=1880750&kwp_4=5459216&kwp_1=2341103&fbclid=IwAR3jZKn2XJGtslVuQWX2E_K0kz7DLOsfEMMk04YwN2vqNvD4OqmDK9MFUg8

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