Nike Inc. (NKE:NYSE)

Jordan Brand, a division of NIKE Inc. announced the upcoming launch of its 25th anniversary AIR JORDAN 2010 shoe. Celebrating a quarter-century of innovative design and genre-inspiring style, Jordan Brand created the AIR JORDAN 2010 to pay respect to the legacy of Michael Jordan in basketball while passing on the heritage of the sport to the talented Team Jordan athletes, such as Dwyane Wade, who will be the first to debut the AIR JORDAN 2010. To assist all basketball players' game while wearing the shoe, Hatfield and Smith also designed the AIR JORDAN 2010 with a revolutionary new concept to performance basketball footwear--a layered toe construction that has an independent forefoot support cover. This innovative design technique allows the AIR JORDAN 2010 to mimic an actual foot's flexibility and movement without being restricted by the shoe's structures, assisting in a player's ability to be more agile in the game.

Nike Inc. has named Michael Spillane as the new CEO of its Converse unit, replacing Jack Boys who is retiring at the end of the year. As CEO of the Converse athletic footwear and apparel brand, he will report directly to Eunan McLaughlin, president of Nike Inc. Affiliates. Spillane joined Converse in 2007 as president of North American Footwear, and less than a year later was tasked with leading growth around the apparel business as president, North America and Global Product. Prior to that he held CEO positions at Polartec and Malden Mills as well as senior positions at Tommy Hilfiger and Jockey.

Nike Inc. announced that Michaela (Michi) Stitz has been named as Vice President of Central and Eastern Europe (CEE). Stitz will be responsible for driving continued market leadership and growth for the CEE geography, replacing Marc van Pappelendam, who was recently named as VP of the UK/Ireland territory. Stitz has extensive management experience and a diverse commercial background. She moved on to become Sales Director for Nike Germany, and then after briefly taking a break to move back to Austria, Stitz returned to Nike 18 months ago as GM of Austria, Germany, Slovenia and Switzerland (AGSS).