LONDON, Oct 2 (Reuters) - The chief executive of

Britain's JD Sports said he was "really happy" about

sportswear giant Nike's ( NKE ) appointment of veteran Elliott Hill as

president and CEO from Oct. 14.

"We are really happy having him back," JD's Chief Executive

Regis Schultz told reporters on Wednesday.

"It is good to have someone from the industry, someone who

knows Nike ( NKE ) and who knows all the products, so we are really

welcoming him back to Nike ( NKE )."

Asked about Nike's ( NKE ) withdrawal of its annual revenue forecast

on Tuesday, where it warned that the holiday season will likely

be filled with discounts, Schultz said he was not concerned.

"That's normal. He wants to review the guidance, I think

there is nothing specific to think about," he said.