DL's Link
This could be the single stupidest management decision since Coke changing their product.
I don't have a problem with Kap making comments off the field...but to disrespect the flag that many brave people have died for is reprehensible. Then Kap has made millions doing it.
NIKE is going to lose 40% of their market cap...and heads will roll.
Common sense has left the building...
I predict that it won't have much lasting impact as people have short memories.
It won't affect me. We don't have anything nike in our house. Or do we? What all companies and brands are actually nike?
What part of their income comes from the US?
"Gee, I guess these people are on the right.
Why?
Because leftists would be burning someone else's shoes"
That way, the ants will leave his candy ass alone...
tonyo6302's Link
I agree with Henry. Wouldn't be surprised if these losses are wiped out in a week -- hell, I wouldn't be surprised if half these losses are wiped out tomorrow. Lot's of people think this is now a strong buying opportunity. At the end of the day, earnings are going to drive stock prices, so time will tell.
You guys give so much credit to Trump for changing the dynamic. This Colon guy has done the same....
The Rock
This is what you should have done. pic.twitter.com/5qdsQNxd4f
— F L O C K I N C. (@JordyAri) September 4, 2018
The Rock
Confused as to why this NikeBoycott is even happening... you still bought the damn products... you’re just burning your own personal belongings now. Who won here?
But more importantly, I’m proud to see the new face of Nike! Gotta love someone who fights for what’s right
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This is because of one little restaurant, the Little Red Hen kicked out Sara Huckabee.
https://www.washingtontimes.com/news/2018/sep/3/red-hen-sarah-sanders-service-refusal-hurts-touris/
When you tell half the population that you don't want their money, then chances are that half won't buy your shoes.
Lets take a little look at them in the REAL world WRT "social justice and inequality"...... you know, facts n'stuff..... not leftist BS....
They spend 2.5% of their cost of production on labor..... in factories that bar labor inspectors..... produce shoes and apparel a slave labor rates in slave labor factories...... then stand there shoveling millions at a poor downtrodden, disadvantaged millionaire football player in an attempt to show how much they care about social justice and inequality....
Yep, right up the PutZ alley..... BS stacked on top of of a foundation of hypocracy..... then told how fine it smells.....
CK was a moron then, citing cases like Brown, who was shot after assaulting a store owner and robbing him, then when stopped assaulted the officer who finally shot him, repeating the "hands up" LIE. (Again, FACTS MATTER)...... giving interviews about police brutality while wearing a Fidel Castro t-shirt (Castro is cool with the PutZ crowd ya know.....) And he's a moron now. One of the reasons he's not playing now is his weakness in mental abilities for a pro QB.
That's who Nike (and Putz) have aligned themselves with. Dumb and Dumber.....
Was that a one time "accident"? Are you now posting your own thoughts? How can we tell when its your liberal drivel vs plagiarized liberal drivel??
HA/KS's Link
At best, that is all Colin sacrificed… some money and it’s debatable if he really lost his career over it. Maybe he sacrificed the respect of some people while he gained the respect of others. Or maybe he used one career to springboard himself into a different career when the first was waning. I don’t know. What I do know is, he gained popularity and magazine covers he likely wouldn’t have gotten without getting on his knees or as you say, “believing in something.” I’m also thinking the irony is that while I am not privy to the numbers, it’s likely he gained a lucrative Nike contract. So yeah… that whole “sacrificing everything” is insulting to those who really have sacrificed everything.
Nike has been over-priced since before the first Air Jordan IMO. Michael is classy, but the shoes never made me a better athlete so I am not going to contribute money to a rich person. Never understood why people buy anything a professional athlete endorses anyway.
I think Nike needs to examine the meaning of sacrifice before they go down this ad campaign choice of theirs...maybe start with a tour of their factory over in Korea if they really want to see firsthand "sacrifice"!
On the flip-side, 60% of Nike's sales come from overseas, and here in the States they've clearly got a customer base that is younger, athletically active (football, basketball, baseball, running, etc), and pretty diverse.
From a business perspective, at the end of the day I don't think they're really risking much of anything. Again, time will tell.
That said, the market clearly reacted negatively yesterday and today the market is walking back some of that negativity - and in many ways the market reaction is just an educated guess at this point. Like I said, time will tell.
All, it's great to stop buying Nike gear, but instead of throwing away, giving away, or burning what Nike gear you do have, just buy some 'circle with line through' decals and cover your Nike checks. You keep good gear and make a point.https://www.google.com/imgres?imgurl=http%3A%2F%2Fcontentstartups.com%2Fwp-content%2Fuploads%2F2013%2F08%2Fcircle-line-for-no.png&imgrefurl=http%3A%2F%2Fcontentstartups.com%2Feveryone-knows-your-using-stock-business-images-please-stop%2F&docid=B1cj4ho4_9jAVM&tbnid=ArNfM8eYGIODmM%3A&vet=1&w=500&h=500&bih=647&biw=1040&ved=2ahUKEwjM95OrtqTdAhUMu1MKHbK3BQYQxiAoBXoECAEQFg&iact=c&ictx=1
Putzie probably steals appropriates his from student lockers.
I agree with you, we are not their target market. You are also right about their capitalization only affecting shareholders. Heck they might buy some shares back.
Look at sales and what happens. Early indications, they are going up. Profits should follow, as well as the stock price.
They are not stupid, they put the spreadsheets to use before they pulled the trigger. And they are getting free publicity. I had several students wearing brand new shoes and socks today, all bearing the swoosh.
I want to have a conversation about this hat. It's over 13 years old. I don't remember when I bought it exactly, I don't remember where I bought it. But what I do remember is why I wore it.
On August 10, 2005, I was a newlywed with two young sons. My husband Tim and I had toasted our one month anniversary the night before, and I was enjoying a rare evening to myself, catching up on reading and relishing the quiet. Until there was a knock on my door. I had no way of knowing that the small act of turning a knob was about to shatter my life into a million pieces. I sat numb and in sheer disbelief as I was told that my husband, while in a foot pursuit and subsequent struggle with a suspect that ended up in the road, had been struck and killed by an oncoming vehicle. He took his last breath lying in the middle of the street. What I lost in that moment is indescribable. I had to watch his mother be dealt the most agonizing blow a parent can face, and I couldn't comfort her because I was in my own hell. I had to find a way to gut my own children in the gentlest way possible, and tell them that this man they had come to love, who they looked up to, who cared for them as his own, would never walk through our door again.
I don't know if you've ever attended a police funeral, but watching grown men who've seen the absolute worst things a civilian can imagine, break down and sob over the casket of their brother is an image that never leaves you. The bagpipes haunt my dreams to this day, but it was the faces of my children, the innocence that abandoned them at such a tender age that brought me to my knees.
I had no choice but to move on. We trudged zombie-like through our days for weeks and weeks on end. I never left the house except to drive the boys to school, or buy food we barely touched. I realized that I had to do something. I had to move my body or I was going to crawl out of my own skin. So I put on the only cap I had and I went for a run. It was short, it hurt and it was ugly. But I felt, just for those few moments on that road, like a normal person. So I kept doing it. I put that hat on and I ran every day. Sometimes I had to stop and sit down because I was sobbing so hard. Sometimes I was so angry I ran until I thought I my heart would stop, sometimes I would just scream over and over again, but it still felt better than doing nothing.
That black cap became a symbol to me, it is sweat stained and it's shape is gone, the buckle in the back barely closes; but that hat represents my family's rise from the ashes. It stands for the strength and the sacrifice we made loving a man who had a job that we all knew could end his life, every time he walked out that door. And it did. And I accept that.
I still wear this hat, I wore it on my run this morning. And then I heard about your new ad campaign.
Colin Kapernick has the absolute right to protest anything he damn well pleases. I don't dispute that for one second. My father, my husband and many, many friends have all served this country and were willing to fight for his right to kneel. But that right goes both ways. I also have a right to express my disgust at your decision to portray him as some kind of hero. What, exactly has Colin Kapernick sacrificed? His multi million dollar paycheck...? Nope, you already gave him one of those. His reputation? No, he's been fawned over by celebrities and media alike. Funny, Tim Tebow was never called courageous when he knelt. This man, whose contempt for law enforcement fits him like a...sock, has promoted an agenda that has been proven false time and time again, in study after study. But facts don't seem to matter anymore. This man has thrown his support behind divisive anti-police groups, and donated money directly to a fugitive from justice who escaped prison after killing a police officer. I question the judgement of anyone who would put someone this controversial and divisive at the head of an advertising campaign, but it isn't my company to run.
I don't know if I'll have he heart to ever get rid of this cap, but I will tell you this, I'll never purchase another Nike product as long as I live. You got this one wrong Nike, terribly, terribly wrong.
Sherry Graham-Potter, surviving spouse of Deputy Tim Graham
Pretty sad to compare the sacrifices of Military and Law Enforcement to Colon or Trump.
If only he didn't get those bone spurs from all those years of playing sports.......
Just do it...over there.
The multinational Nike corporation has a long history of outsourcing jobs, manufacturing, and production to the lowest wage foreign countries around the world, including China, Vietnam, and Honduras.
Last year, alone, Nike laid off about 1,400 American workers in its headquarters town of Beaverton, Oregon.
Phil Gold, who had worked for Nike for 15 years, told Oregon Live at the time of the layoffs that the corporation had no regard for the job that workers were doing and that the layoffs were all about executives cutting costs.
“They definitely targeted tenured, experienced employees as a money-saving thing with very little regard for how the work is going to get done. It wasn’t about performance,” Gold said.
Multinational corporations, like Nike, often lay off older employees to send their jobs — especially those in IT jobs as Gold was — overseas to low wage countries like India and Thailand to cut costs and drive up profit margins. Meanwhile, American workers are left behind trying to find work in industries that have been largely outsourced thanks to free trade and tiny trade barriers.
In 2015, a screen printing factory in Clarence, New York used by Nike to make T-shirts that once employed nearly 170 Americans announced it was closing up shop and sending the jobs to low wage Honduras. The average minimum wage worker in Honduras earns less than $8,000 a year. READ MORE (continued at link)
Nike stock up nearly 1.5% thus far over the last two days...
"I thought Nike did a ton of market research. Did they just completely misread consumer sentiment?
"A new report from Morning Consult reveals consumer opinions of Nike have shifted rapidly since announcing their new campaign with former NFL quarterback Colin Kaepernick. Across nearly every demographic, perceptions of Nike’s brand have fallen, including among key consumer groups.
Before the announcement, Nike had a net +69 favorable impression among consumers, it has now declined 34 points to +35 favorable . . . Among younger generations, Nike users, African Americans, and other key demographics, Nike’s favorability declined rather than improved . . . Before the announcement, 49 percent of Americans said they were absolutely certain or very likely to buy Nike products. That figure is down to 39 percent now. "
If those numbers continue, wouldn’t that make the Kaepernick deal the biggest self-inflicted marketing defeat since New Coke?"
Stupid move...... I fail to see how they thought this move would IMPROVE sales..... again, they must live in a bubble..... a bubble where virtue signalling is all important in your peer group and social media. We "care". Yet actual real world behavior such as several pointed out above is justified as "just business.... nothing personal...." . Justified by hiring a classless moron as a spokesman to boldly show everyone how much you really "care".... well, unless they are the ones working for you making shoes....
In the end..... they couldn't have hired ANYONE that pointed out and shined the brightest light on their hypocrisy and shortcomings any better than CK. I hope the world gets that message and it goes viral.... not the one they are trying to shovel.....
Nike can eat sneakers and die.....
And capitalism...
Nike, Under Armor, Fruit of the Loom, Dickies. A T-shirt is a T-shirt...
That was the point I made in my first post on this thread. And that’s why I agree with KPC and PD that Nike and their shareholders will be just fine with all this. A bunch of people saying they don’t buy your product now and sure as hell won’t in the future isn’t really gonna move the financial needle. This marketing campaign (and Nike’s broader strategy) isn’t meant to appeal to the average demographic here on the Bowsite Community Forum.
bluedog's Link
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The rush for Nike shoes is systemic to the California AK-47 Rifle Ban while I was living there.
As soon as CA passed a law that new sales would be banned in six months, they sold more AK-47 Rifles in CA in that last six months than the previous 10 years.
Same for the shoe. People have seen what happens when someone challenges "The Donald," and know that when Nike files chapter 11, the shoes they purchased will be collector items, and valuable.
Don't piss off "The Donald".
Tonyo nailed it. The America haters flocking to support their fellow haters...... time will tell if it was a smart move..... or dumb as a fence. I'd guess "new coke" sold a good deal.... the first week or two......
I love seeing the memes that point out their hypocrisy and what they really do about social justice and inequality in the real world. Hope that never goes away, spreads to every network and bites em hard enough in the azz to leave a mark. Like a rich guy who's screwed those around him for years to make his wealth making a large donation to the church to buy his way into heaven..... all the while continuing to screw those around him.....
Thunderflight 's Link
I read that too. So far, the College of the Ozarks dropped them. I didn’t even know a College of the Ozarks existed. I’m sure Nike isn’t hitting the panic button.
Nothing old white guys will make any difference. 40% of nikes business comes from the US AT 50% agree or disagree that means Nike gave up 20% of their CURRENT business
That does nothing to hurt them. They knew the risks going in. Like it or not they are NOT idiots
The marketplace will work this out
I hope they fail but it's not anything I'm going to hang my hat on in this war
Thunderflight 's Link
The 'Dirty Jobs' host posted a message on his Facebook page in response to a fan who asked about Kaepernick, the former San Francisco 49ers quarterback who is the focal point of a major new Nike ad campaign lauding those who "Believe in something. Even if it means sacrificing everything."
"Hi Sam," Rowe wrote. "Nike's free to celebrate whomever they wish, and Kaepernick is entitled to his opinion -- kneeling, standing, or lying down. But if I was going to put someone's face on a billboard -- someone who epitomized bravery and sacrifice -- I might have gone another way, especially this time of year. I might have gone with this guy -- Tom Burnett."
Who is Burnett? He was a passenger on United Airlines Flight 93, which was hijacked by Islamic terrorists on 9/11 and forced down in a Shanksville, Pa. field by passengers, including Burnett, who fought back.
"We're going to do something," Burnett told his wife in a phone conversation, the transcript of which Rowe posted on his page.
"His last words to his wife, Deena, are among the most inspiring I've ever heard," wrote Rowe. "Those exact words are at the top of this page, and the bottom. They were spoken seventeen years ago, under conditions I hope to never experience. I'll never forget Tom's last words. I hope you won't either."
The target group for Nike mostly would be too young to even remember.
Gflight, no disrespect, but for me this is emotionalism from the right now. I get it, you don't like Nike. Our age group is shrinking daily. Nike doesn't care. Their on-line sales are way up. My young students, Nike's target, are buying more Nikes to support the cause. They relate more to what they see are inequities in society, even when they cannot tell me exactly why the protests started.
?
(internal links)
The multinational Nike corporation — accused of employing slave labor — is fighting to keep Oregon a “sanctuary state” for all illegal aliens less than a month after an illegal alien has been accused of killing a young couple in a drunk driving car crash.
In a statement this week, Nike CEO Mark Parker announced the corporation’s opposition to a statewide measure that would repeal Oregon’s sanctuary state law that has protected criminal illegal aliens for three decades.
Parker wrote in a statement:
Nike employs people from all over the world; we can attest to the unique value, contributions, and innovations that people from diverse backgrounds add to Nike and to Oregon’s culture and economy. Ending Oregon’s sanctuary law will damage Oregon’s long-standing track record as a place that attracts diverse talent from across the globe. [Emphasis added]
continued...
TD's Link
Triggered.
Via BPR:
Despite recruiting an anti-cop zealot to represent its “Just Do It” campaign for 2018, the apparel retailer Nike still expects the unfairly maligned police to help it in its alleged hour of need.
One Arkansas-based Nike store in particular reportedly contacted local authorities Thursday after a peaceful pro-police protester showed up outside to purportedly stir up trouble.
Except peaceful protester Jimmie Cavin didn’t approach the store, pester employees or really do anything disruptive whatsoever.
He casually waved a “Blue Lives Matter” flag to show love to the police, and for that act the store called the cops on him. But instead of telling him to leave or even arresting him, the cops wound up turning right around moments later and skedaddling. Why?
“He realized I wasn’t doing anything wrong,” Cavin explained later to local station KLRT.
“So, Nike called the police on the guy supporting the police for supporting the police,” he sarcastically added, the point being to highlight the apparel company’s hypocrisy.
Their stock is up almost 60% in the last YEAR!! I’d say they are doing fine.
Sorry bed-wetters,
Matt
Matt
LOL!
Matt
I boycotted the cartoons as a kid. Can't remember why, but I showed them. ;)
