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Nike's value is up $26.2B since Colin Kaepernick endorsement; coming next: a Kap shoe

Posted on 11/21/19 at 10:33 am
Posted by saintforlife
Member since Aug 2008
1044 posts
Posted on 11/21/19 at 10:33 am
quote:

Roughly 14 months since Nike signed Colin Kaepernick to a new star-level endorsement deal, the signature shoe that was the centerpiece of the agreement is set to be rolled out in December, shoe industry sources told Yahoo Sports.

The inclusion of a shoe and a Kaepernick branded “Icon” jersey was first reported by Yahoo Sports in 2018, with his footwear rollout speculated to be on track for the 2019 holiday season. Sources told Yahoo Sports this week that Nike is expecting a nationwide release of the shoe early next month as it continues to develop the company’s endorsement strategy around Kaepernick.

LINK

Is this the best example of a boycott failing spectacularly? Boycotts are stupid anyway.
Posted by dawgfan24348
Member since Oct 2011
49799 posts
Posted on 11/21/19 at 10:34 am to
Nike knew what they were doing. The only people actually boycotting were people who never bought Nike in the first place
Posted by HT713
Galations 4:16
Member since Jan 2011
10028 posts
Posted on 11/21/19 at 10:34 am to
the yokels ain't gon like this one. not one bit
Posted by X123F45
Member since Apr 2015
28051 posts
Posted on 11/21/19 at 10:34 am to
quote:

Is this the best example of a boycott failing spectacularly?


It's an example of a company pandering to its customer base who would rather buy shoes than pay for their own food.

This post was edited on 11/21/19 at 10:37 am
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
16708 posts
Posted on 11/21/19 at 10:35 am to
Taking advantage of the unintelligent*

The Democrat way.
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
20405 posts
Posted on 11/21/19 at 10:35 am to
Football Jerseys are trashy.

Plus, I only wear Brooks Running shoes.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
266220 posts
Posted on 11/21/19 at 10:36 am to
The brothas are flocking to Nike..
Posted by Brosef Stalin
Member since Dec 2011
39863 posts
Posted on 11/21/19 at 10:36 am to
This should cause an epic melt on the poli board
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135768 posts
Posted on 11/21/19 at 10:36 am to
quote:

Is this the best example of a boycott failing spectacularly?

CFA
Posted by arseinclarse
Member since Apr 2007
34554 posts
Posted on 11/21/19 at 10:36 am to
Easy to make profits when you pay kids pennies.

#teamnewbalance
Posted by AUCE05
Member since Dec 2009
42842 posts
Posted on 11/21/19 at 10:37 am to
No. It is a great example of catering to your customers. NASCAR should take notes.
Posted by RattyBlowfish
Member since Sep 2014
2947 posts
Posted on 11/21/19 at 10:38 am to
Posted by Jack Bauer7
Member since Jun 2012
5064 posts
Posted on 11/21/19 at 10:39 am to
Good for him, but, still won't be on an nfl team
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12935 posts
Posted on 11/21/19 at 10:39 am to
quote:

Nike's value is up $26.2B since Colin Kaepernick endorsement


How much of that $26.2B is contributed to Kaepernick and how much of it is attributed to other things?
Posted by WestCoastAg
Member since Oct 2012
146458 posts
Posted on 11/21/19 at 10:40 am to
thank god i only wear new balance cross trainers
Posted by slackster
Houston
Member since Mar 2009
87101 posts
Posted on 11/21/19 at 10:42 am to
Boycotts are stupid as hell, but Kap hardly impacts Nike one way or another.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81094 posts
Posted on 11/21/19 at 10:42 am to
What is the % increase of NKE vs the % increase of the overall SP500? That should give you the real story rather than a sensational headline insinuating $26.2 billion for NKE is an outlier to the market.

And boycotts don't work and are stupid.
Posted by Packer
IE, California
Member since May 2017
8038 posts
Posted on 11/21/19 at 10:42 am to
quote:

footwear rollout speculated to be on track for the 2019 holiday season


Timed perfectly with his NFL "workout"
Posted by Pandy Fackler
Member since Jun 2018
15966 posts
Posted on 11/21/19 at 10:42 am to
I tried to tell folks companies like nike spend untold millions on market research and that everything about this Kaepernick fricker was and is exactly what Nike's target audience wants.

They don't give one single shite about the middle aged white male who thinks standing for the pledge at an entertainment event fricking matters.

Nike hitched their wagon to Kaepernick (and rightly so) because he sells slave labor shoes and nothing more. There are no principles in all this.

This post was edited on 11/21/19 at 10:43 am
Posted by The Boat
Member since Oct 2008
166719 posts
Posted on 11/21/19 at 10:45 am to
This is why ESPN turned all of their programs into yo yo yo rap fests several years ago.
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