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re: Welp I’ll never buy another Nike product
Posted on 9/4/18 at 11:07 am to tgrbaitn08
Posted on 9/4/18 at 11:07 am to tgrbaitn08
quote:
the 45 year old white dude in the suburbs buys clothes and shoes for his children and that 45 year old white dude will no longer buy Nike products for his children
the vast majority of them still will
3
Posted on 9/4/18 at 11:08 am to Salmon
There was also a big boycott of Target. They are up ~20% for the past year. The public has a short memory.
Posted on 9/4/18 at 11:09 am to CorporateTiger
quote:
There was also a big boycott of Target. They are up ~20% for the past year. The public has a short memory.
hell multiple threads saying to support AU this morning but everyone was supposed to be boycotting them from last year
Posted on 9/4/18 at 11:10 am to Salmon
This whole thing is just so overwrought. I will NEVER EVER BUY ANOTHER NIKE PRODUCT OVER THIS ONE THING THAT REALLY DOESNT IMPACT ME.
Both sides do this shite so much.
Both sides do this shite so much.
Posted on 9/4/18 at 11:12 am to NorthTiger
quote:
Please send all LSU Nike Polos (XXL) or shorts (XL) to me. PM me for address.
You’re the only one here that fat
Posted on 9/4/18 at 11:13 am to Displaced
quote:
It hasn't dropped below it's opening price today...
It's not like Nike is taking a nosedive.
And ftr, the overall market is down today.
It dropped over $3 in aftermarket trading.
Yes the overall stock market is down between .1 and .4% depending on if your an S&P or DOW guy, no where close to the 3+% on nike. BTW look at what Under Armour is doing.
Posted on 9/4/18 at 11:13 am to Salmon
Hey look, if Nike wants to just focus selling Air Jordan’s to the black kids of America and they can survive by doing so, then more power to them.
Posted on 9/4/18 at 11:14 am to Lsuhack1
quote:
BTW look at what Under Armour is doing.
which just further proves boycotts mean nothing the same people boycotting Nike today were "boycotting" UA last year
Posted on 9/4/18 at 11:14 am to Lsuhack1
So how long before things go back to normal? A week?
Are you saying this is the end of Nike?
Are you saying this is the end of Nike?
Posted on 9/4/18 at 11:15 am to Displaced
6 months at most? And then people will go back to grabbing whatever apparel they like the look of most or whatever is most convenient.
ETA: people who like CK will almost certainly remember this longer than those outraged who will move onto another boycott before too long.
ETA: people who like CK will almost certainly remember this longer than those outraged who will move onto another boycott before too long.
This post was edited on 9/4/18 at 11:19 am
Posted on 9/4/18 at 11:17 am to tgrbaitn08
quote:
Even though he is one of the best Quarterbacks in the league
I found this to be the most offensive part of the article
Posted on 9/4/18 at 11:18 am to tgrbaitn08
Look the problem isn't that no one will ever buy another nike product because in general that just isn't true. The real truth is that when someone sees a pair of adidas or under Armour shoes or apparel that is similar they will purchase the competitor to nike. We saw it last year with the NFL and what happened to them and they don't even have a direct competitor, so in a marketplace as flooded as Nike's I sure wouldn't go with this sort of campaign. The big deal is that if it just influences a small portion of people say 10% of people chose a competitor then the effects could be drastic on Nike.
Posted on 9/4/18 at 11:19 am to Salmon
UA stock has been on a downward trend.
Posted on 9/4/18 at 11:20 am to Lsuhack1
quote:
The big deal is that if it just influences a small portion of people say 10% of people chose a competitor then the effects could be drastic on Nike.
There is no way this ends up influencing even close to 10% of Nike’s market. They are a global company.
Posted on 9/4/18 at 11:20 am to tgrbaitn08
quote:
What exactly did he sacrifice?
You can't be this stupid, right?
Agree with him or not, Kaep stood by his stance and it ultimately cost him his job. That's really undeniable. He's a mediocre QB, but he'd be with a team if he hadn't protested.
I think he's a misguided idiot who didn't even vote, but I have a sliver of respect for the fact that he stood by an unpopular opinion that cost him millions.
Posted on 9/4/18 at 11:21 am to Displaced
quote:
Are you saying this is the end of Nike?
no indeed not, not even close, but I am saying it wasn't a smart decision. It could cause some layoffs though in the short term. It could cause oversupply issues in the short term, it could cause a litany of issues. but nothing to sink the ship. The biggest issue is that the NFL is going to be pissed, and that is the most valuable sponsorship Nike has by far.
Posted on 9/4/18 at 11:22 am to Lsuhack1
quote:
The real truth is that when someone sees a pair of adidas or under Armour shoes or apparel that is similar they will purchase the competitor to nike. We saw it last year with the NFL and what happened to them and they don't even have a direct competitor, so in a marketplace as flooded as Nike's I sure wouldn't go with this sort of campaign. The big deal is that if it just influences a small portion of people say 10% of people chose a competitor then the effects could be drastic on Nike.
I don't get the upside for Nike, but I'm pretty sure it's a much smaller deal than threads like this make it out to be.
Posted on 9/4/18 at 11:24 am to Lsuhack1
quote:
It could cause some layoffs though in the short term.
Posted on 9/4/18 at 11:25 am to slackster
quote:Yup.
He's a mediocre QB, but he'd be with a team if he hadn't protested.
Posted on 9/4/18 at 11:25 am to CorporateTiger
quote:
There is no way this ends up influencing even close to 10% of Nike’s market. They are a global company.
USA still accounts for about ~40% of Nike's sales. So I wouldn't be so quick but yeah probably closer to 5% would be a better answer.
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