Summary
Bloomberg's Romaine Bostick interviews Nike Global Football VP Camilo Andrade about the company's strategy for the 2026 FIFA World Cup. Andrade discusses Nike's partnerships, design innovations, marketing approach, and growth opportunities in regions like Asia and China.
- Nike sees the 2026 World Cup as a major opportunity to showcase innovation and connect with global football culture.
- The company emphasizes authentic partnerships with federations like Brazil and the U.S. Soccer Federation.
- Nike is investing in street football through its 'Toma' platform to engage grassroots communities.
- CEO Elliott Hill's strategy refocuses Nike on sport fundamentals and serving athletes end-to-end.
- China remains an important market for Nike football, with momentum in women's football.
- Nike recently secured a deal to outfit the German national team after 2027, previously an Adidas partner.