Page 5 - Ann Hebert News Today

Joe Hebert has made himself a prominent player in the so-called secondary sneaker market. As chronicled recently in Bloomberg Businessweek magazine, hes figured out how to buy the hottest models...

(Reuters) - Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a ...

Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a credit card in her name to purchase sneakers for his resale company.

The move comes a few days after a revealing Bloomberg Businessweek piece.

A top Nike exec with the company 25 years is out of a job amid a controversy involving her entrepreneurial teenage son. His business: reselling sneakers. Ann Hebert, the company's...

In 2018, Ann Hebert disclosed information to Nike about her son’s reselling business. The company said at the time that Hebert did not violate 'company policy, privileged information or conflicts of interest,' according to Bloomberg Businessweek.

The company said the departure of Ann Hebert, vice president and general manager of its North America business, is effective immediately. Her son has a lucrative scheme re-selling shoes.

The teen reportedly got a team to use bots and bought $132,000 worth of pairs of rare Yeezys, which he later flipped into a $20,000 profit.

Ann Hebert stepped down Monday, just days after a Bloomberg report connected her to her 19-year-old son’s sneaker resale company, West Coast Streetwear.

Ann Hebert was linked to her son's high-stakes sneaker business that depends on inside information to gain an edge on competition.