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re: Nike's Market Value Surges By $6 Billion After Controversial Kaepernick Ad

Posted on 9/24/18 at 9:57 am to
Posted by Gaston
Dirty Coast
Member since Aug 2008
41694 posts
Posted on 9/24/18 at 9:57 am to
I just bought my 12 yr old a pair of $250 cleats...I'm sure at least $230 of that is profit. Nutty how crazy shoes are these days.

Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
21581 posts
Posted on 9/24/18 at 9:59 am to
quote:

The company has sold out 61 percent more merchandise since releasing its Kaepernick ad, Reuters reported last week. Nike also discounted fewer products in the 10-day period after the ad compared to the 10-day period before its release.



Nike sales haven't been impacted because middle-aged white men have been wearing New Balance since their early 30's...
Posted by OweO
Plaquemine, La
Member since Sep 2009
119998 posts
Posted on 9/24/18 at 10:07 am to
Does anyone think Nike, a billion dollar company, didn't do its research before the whole Kaepernick endorsement deal?

They are a public company, their only concern is increasing profits. They are not a new company that has to take big risk. This was a calculated decision.

Why is this such a big deal?

You know how much attention Nike got from this? They received a lot more advertising than they paid for.
Posted by OweO
Plaquemine, La
Member since Sep 2009
119998 posts
Posted on 9/24/18 at 10:17 am to
quote:

“Just like the NFL, whose ratings have gone WAY DOWN, Nike is getting absolutely killed with anger and boycotts,” the president tweeted in the days after the ad’s launch.


Also, even if the NFL declines in ratings, it will still win the ratings battle every weekend. The NFL is a strong brand, strong enough that even if it declines, it will still be on top.

Advertisers will still rather advertise during NFL games than anything else on Thursday night, Sunday and Monday night.

The NFL owners voted against Trump buying the Buffalo Bills in 2015. He has a personal vendetta against the NFL so he is going to use anything he can to try to get back at them. There will people who don't want to hear this, but this is the absolute truth.

Last year legalized betting generated $2.3 billion just from the NFL. Betting alone would keep the NFL alive.
Posted by doubleb
Baton Rouge
Member since Aug 2006
41691 posts
Posted on 9/24/18 at 10:34 am to
quote:

Last year legalized betting generated $2.3 billion just from the NFL. Betting alone would keep the NFL alive.


You need to rethink this statement.
Posted by TH03
Mogadishu
Member since Dec 2008
171949 posts
Posted on 9/24/18 at 10:36 am to
quote:

I think what we’re seeing is that affluent folks didn’t buy much Nike gear. I will definitely avoid them in the future, moreso because I hate companies that use controversy to try to sell stuff.


People who have to tell others they have money usually don’t have money.
Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 9/24/18 at 10:40 am to
Trumps’s economy. Lol

How is his economy helping puma and under armor?

Just stop. You are embarrassing yourself.
This post was edited on 9/24/18 at 10:45 am
Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 9/24/18 at 10:42 am to
Wish you had come home with an understanding of aisle vs. isle.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40191 posts
Posted on 9/24/18 at 10:56 am to
quote:

It's been shown black and Spanish people spend astronomically more money per person on athletic shoes than any other races.

Nike knew what they were doing. No question about it.



This is what so many old, white men do not understand.

Nike knows their target market and went after it.
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 9/24/18 at 11:37 am to
Got my Brooks on.
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 9/25/18 at 1:38 pm to
quote:

How is his economy helping puma and under armor?


Puma On Election Day 2016 $227.40
Puma stock today. $429



Under Armour is one of the few companies that has fallen in that time frame overall but they are also up 40% so far this year. Most of their losses are the result of a complete restructure.
Posted by castorinho
13623 posts
Member since Nov 2010
86288 posts
Posted on 9/25/18 at 3:20 pm to
EARNINGS: Nike Q1 EPS $0.67 vs. $0.63 Est.; Q1 Revs. $9.95B vs. $9.94B Est. • LINK LINK
Stock Down 2% AH

This post was edited on 9/25/18 at 3:22 pm
Posted by mikelbr
Baton Rouge
Member since Apr 2008
48994 posts
Posted on 9/25/18 at 4:32 pm to
quote:

I just bought my 12 yr old a pair of $250 cleats...I'm sure at least $230 of that is profit. Nutty how crazy shoes are these days.


WTF is wrong with you?

quote:

Gaston


NM. You buy stupid arse expensive watches.


My 13 yr old son plays football in these $30 Nike cleats from Academy Sports. Your "nutty how crazy shoes are" sentiment is in your head b/c you're a snobby fricker and WANT to pay too much for shite.



This post was edited on 9/25/18 at 4:33 pm
Posted by jordan21210
Member since Apr 2009
14113 posts
Posted on 9/25/18 at 4:48 pm to
quote:

I just bought my 12 yr old a pair of $250 cleats...I'm sure at least $230 of that is profit. Nutty how crazy shoes are these days


Why did you pay full retail for those? High end soccer cleats are perennially on sale.

My last few cleat purchases:
Nike Tiempo Legend VI - retail $220, I paid $110
Puma Future 18.1 - retail $220, I paid $130
Nike Premier 2.0 - retail $110, I paid $90

Posted by eScott
Member since Oct 2008
11376 posts
Posted on 9/25/18 at 4:55 pm to
Dropped to near 5%
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 9/25/18 at 5:22 pm to
Poliboard pissed.

And continues its multi year trend of never being right about anything while melting over everything.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
44059 posts
Posted on 12/1/18 at 10:34 am to
My wife is recovering from surgery so yesterday, I took a half day at work. While on husband duty we had on CNBC, I was surprised to hear that-

Nike has lost 8% of its value in the past 90 days (Labor Day)
Posted by Big Chipper
Charlotte, NC
Member since Sep 2008
2929 posts
Posted on 12/1/18 at 10:38 am to
Lolz...
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 12/1/18 at 10:43 am to
quote:

Nike has lost 8% of its value in the past 90 days (Labor Day)


Oy. How come??
Posted by Disgeaux Bob
North Carolina
Member since Sep 2016
2833 posts
Posted on 12/1/18 at 10:46 am to
No one is buying more swoosh shite because of Colin’s commercial. Market and the economy are surging not to mention the fact it’s Christmas.
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