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re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout
Posted on 9/14/26 at 3:32 pm to Boodis Man
Posted on 9/14/26 at 3:32 pm to Boodis Man
They’re herstory
Posted on 9/14/26 at 3:39 pm to Madking
*history
Posted on 9/14/26 at 3:40 pm to DBG
Have you seen who runs Nike now?
Posted on 9/14/26 at 3:42 pm to Bunk Moreland
quote:
You have your Vuori, Lululemon, and Athleta type athleisure companies for clothes.
You have Hoka, On Clouds, Brooks, Asics, Saucony, Altra, etc. for running shoes.
The only market they seem to dominate still is basketball.
Not to mention you can walk into any Academy and see a plain Nike dri-fit shirt for $40-60 or a BCG shirt that feels and wears the same for $15. That's a no brainer especially for kids.
This post was edited on 9/14/26 at 3:44 pm
Posted on 9/14/26 at 4:47 pm to Boodis Man
A lot of things come and go in a lifetime though there are some exceptions. It's just the way it is
Posted on 9/14/26 at 4:57 pm to Tyga Woods
quote:
Couldn’t be that simple. It must be identity politics.
that really is how some people here think.
the kaepernick thing was in 2018. their stock didn't start dropping til covid shut down shipping industry and they decided to reduce their physical presence in stores in 2021.
Adidas, Under Armor, Puma all experienced really similar drops since 2021 as well.
Posted on 9/14/26 at 5:02 pm to Porter Osborne Jr
quote:It is for the above reason. Nike has always had competition. Now, though when I go to a real shop to buy real running shoes and such, they are absent.
Pretty sure the last ceo made the decision to shrink their floor space in stores thinking everything would be online. Found out they were wrong and can’t get that space back
Posted on 9/14/26 at 5:05 pm to Boodis Man
To be honest, their shoes suck.
Posted on 9/14/26 at 5:14 pm to Jake88
Death by a thousand paper cuts. They should have gone full Coca-Cola and offered to buy these companies while they were small, leverage their supply chain expertise, and nipped it before it was a problem.
Posted on 9/14/26 at 5:30 pm to Boodis Man
When you are #1 in your market, everyone is taking their shots at you. Ask Sears & Montgomery Ward what happened when Walmart took aim.
Posted on 9/14/26 at 5:57 pm to Boodis Man
prolly due to spot-bilt making a comeback...
Posted on 9/14/26 at 5:58 pm to Tyga Woods
quote:
Couldn’t be that simple. It must be identity politics.
Why’s it so hard for you people to admit that this plays a role
Posted on 9/14/26 at 6:01 pm to Flaming Meons
Bottom line a shoe has to be comfortable. Nike sucks in that department compared to those other brands. People have finally come to realize that and now have plenty of other options
Posted on 9/14/26 at 8:52 pm to Boodis Man
I know the easy thing to say is go woke go broke but the truth is there's a lot of competition out there now
Brooks and Hoka are better shoes.
Brooks and Hoka are better shoes.
Posted on 9/14/26 at 9:04 pm to faraway
quote:
Brooks
Been around a lot longer than nike
Posted on 9/14/26 at 9:06 pm to Flaming Meons
quote:
Why’s it so hard for you people to admit that this plays a role
For the same reasons that others refuse to admit that Nike’s extreme left politics has alienated a significant part of their customer base.
Posted on 9/14/26 at 9:24 pm to cubsfan5150
If they quit doing these drops where they sell out these shoes in milliseconds they could probably make a lot more money.
The drops themselves are fine. There is obviously plenty of interest and buyers. But it seems they always short stock the product. They can make a killing off of what they know are extremely popular shoes if they only had enough of them in stock. Some shoes go for thousands on the secondary market
The drops themselves are fine. There is obviously plenty of interest and buyers. But it seems they always short stock the product. They can make a killing off of what they know are extremely popular shoes if they only had enough of them in stock. Some shoes go for thousands on the secondary market
Posted on 9/14/26 at 9:52 pm to BCTigerFan
quote:
Bottom line a shoe has to be comfortable. Nike sucks in that department compared to those other brands. People have finally come to realize that and now have plenty of other options
Went into Dicks a few weeks ago need g a good pair of walking shoes. I don’t know shite about them. Sales guy steered me away from Nike to On cloud. Most comfortable shoe I’ve had in awhile. Sales guy basically said Nike is shite now.
This post was edited on 9/14/26 at 9:53 pm
Posted on 9/14/26 at 10:05 pm to lsufan1971
quote:
Pretty sure the last ceo made the decision to shrink their floor space in stores thinking everything would be online. Found out they were wrong and can’t get that space back.
This is exactly what happened. Nike spent 40 years building the brand to be the #1 brand that every store wanted in the front. Their shoes have never actually been the most comfortable for a long time. But it didn’t matter.
Then one dumbass CEO came along and decided the new wave is to mimic Amazon. Everything will be online. So they pulled their presence back at almost every major retailer. And those spots went to On, Brooks, Hoka etc. 50 years of being the first for all prime retailer space… and they literally gave it away on purpose.
CEO gets fired but the damage was done.
Posted on 9/15/26 at 10:17 am to cubsfan5150
quote:
For the same reasons that others refuse to admit that Nike’s extreme left politics has alienated a significant part of their customer base.
Yea that’s what I was saying.
There are a few here that won admit it.
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