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re: Is Nike's woke, left-wing activism catching up to them? Stock price hits 12 year low.

Posted on 8/21/26 at 3:56 pm to
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
38507 posts
Posted on 8/21/26 at 3:56 pm to
The apparel penetration has been slipping for a while. However, Nike isn't going anywhere any time soon. There are a few more choices now on shoes and apparel. But they will still outfit most of your favorite mostly pro college football teams
Posted by trinidadtiger
Member since Jun 2017
20846 posts
Posted on 8/21/26 at 4:01 pm to
quote:

Do you guys actually enjoy re-visiting 1950’s Red Scare paranoia?


Isnt the red square in Russia....and wasnt it communist in the 50s? Why would they be paranoid of their own government?

Am I missing something? Talk to me like you are five, un nevermind.
Posted by Harvey Vortac
MidCity
Member since Aug 2024
576 posts
Posted on 8/21/26 at 4:11 pm to
quote:

won’t buy anything with the Nike swoosh on it


Me either and this includes LSU branded clothing made by Nike.
Posted by Jauquismos
Member since Jul 2023
1525 posts
Posted on 8/21/26 at 4:35 pm to
Losing 200 billion in Market value since 2021

#Winning

Posted by nealnan8
Atlanta
Member since Oct 2016
5130 posts
Posted on 8/21/26 at 4:51 pm to
In general, Nike is arguably the most expensive shoe that you can buy. Combine that with a failing economy, and there you have it.
Posted by SWINC
Member since Sep 2022
620 posts
Posted on 8/21/26 at 6:56 pm to
Nike had Always been a crap company with crap products
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5580 posts
Posted on 8/21/26 at 7:14 pm to
Nike is on life support because they chose to cut Footlocker out of the mix to maximize profits….and when they reversed course they quickly learned others were happy to absorb their footprint, and it’s gone.

But, if it’s comforting to think giving the mulvaney guy a sports bra and 12-pack of budlight to promote the brand makes a difference in the bottom line, savor the victory.
Posted by geauxpurple
New Orleans
Member since Jul 2014
17772 posts
Posted on 8/21/26 at 7:15 pm to
As long as our NIL checks don't bounce.
Posted by junkyarddawg3
Metro ATL
Member since Nov 2015
1895 posts
Posted on 8/21/26 at 7:38 pm to
quote:

Is Nike's woke, left-wing activism catching up to them? Stock price hits 12 year low.


quote:

Just like the NFL


Not at all.

Posted by kingbob
Sorrento, LA
Member since Nov 2010
71199 posts
Posted on 8/21/26 at 7:57 pm to
It’s mostly that nike isn’t the “cool” shoe anymore for zoomers and gen alpha.
Posted by Jorts R Us
Member since Aug 2013
18029 posts
Posted on 8/21/26 at 8:02 pm to
Yeah, that direct to consumer model was a miss.
Posted by LSUtoBOOT
Member since Aug 2012
21189 posts
Posted on 8/21/26 at 8:54 pm to
When you make a living selling footwear it’s not a good strategy to encourage people to take a knee.
Posted by Stidham8
Member since Aug 2018
10569 posts
Posted on 8/21/26 at 9:36 pm to
I haven’t bought anything Nike since the Kaepernick ad and never will again.
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