Tim Cook bought Nike stock today!
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well.... wrote:
Tim Cook bought Nike stock today!
He can afford to take a hit.
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Nike is not going anywhere, but they could be removed from the DOW if the stock continues to underperfrom and that would be a real psychological and image blow.
But I'm not sure who would replace them. Most specialty retailers are stuggling and which one is a big as Nike?
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dowman wrote:
Nike is not going anywhere, but they could be removed from the DOW if the stock continues to underperfrom and that would be a real psychological and image blow.
But I'm not sure who would replace them. Most specialty retailers are stuggling and which one is a big as Nike?
But the wokeness cost them $$$$$$$$$$
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Go on the nike website right now. Click on Men--> clothing--->all.
99.9% of the models are angry, sullen looking black people.
That is not a winning recipe. Sorry.
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Nike is an evil company. Between their use of child labor, slave labor and sweatshops, participating in bribery including the Brazilian soccer federation, and covering up the rape of Al Sal I wish they ceased existing.
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TemporaryData2203 wrote:
Pegs are not even top 3 in the daily trainer category. The Evo SL, the Rebel V5, the Novablast 5 blows it out the water. The Vomero is so ugly, nothing compared to the Superblast or the Megablast.
Will concede the Superblast, though I personally think the new Vomero looks great.
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TROOUTHY SOCHOW wrote:
Go on the nike website right now. Click on Men--> clothing--->all.
99.9% of the models are angry, sullen looking black people.
That is not a winning recipe. Sorry.
I like Nike but the models they use are a bizarre choice
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Bring back athletes wrote:
TROOUTHY SOCHOW wrote:
Go on the nike website right now. Click on Men--> clothing--->all.
99.9% of the models are angry, sullen looking black people.
That is not a winning recipe. Sorry.
I like Nike but the models they use are a bizarre choice
As Long as the Track and field Athletes are making great money (Great Money Meaning more than they can Get from their Degree, What Difference does it make? If A runner has a Degree that will get 40-100K, But Nike pays them 200k to a Million to run, No runner will quit The Sport they love to Work in whatever they got their degree in (There are extremely rare Exceptions) But if they can make 40k to run or 40k To work 8 hours a day they will pick Running.
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The issue for Nike is the market is very competitive now with nearly every shoe brand having a great range of shoes.
Now that the Chinese brands are also gathering momentum it means Nike’s massive market share has taken the biggest hit.
Unfortunately for Nike they will never get that market share back. It’s just too competitive now.
The share price represents this. There is just no more growth available and the market has recognized this and invested into other stocks that provide more upside. that’s just how the stock market works.40 -
oregontrackfan1 wrote:
I don't know how many of you have actually bought Nike products (not shoes) in the last few years, but they're quality is actually shockingly bad. Shirts, socks, shorts, etc that just kind of fall apart after regular use. Many other brands that are gaining ground in the US just make better stuff.
Nike shoes are what they are in the running world, but I know quite a few competitive runners who used to wear Nike's regularly and hate all the latest updates to the Pegasus and other trainers. And every brand has a super shoe now, you don't need to stick with Nike for the best performance.
There's more going on with the downfall of Nike other than outside excuses like tariffs
The Alphaflys are exceptional. I am actually starting to dislike the Vaporflys. Structures are good but I have disliked the Pegasus the past few iterations.
Their clothing is hit or miss. I have a pair of Nike leggings which have lasted me 3 years, but their half tights disintegrate after 6 months.
Overall, I agree that the quality is not great. Conversely, New Balance makes fantastic clothing. Every NB piece I own has held up very well.
This post was edited 16 seconds after it was posted.00 -
The Vomero plus is a great training shoe.
The VF4 is indeed very disappointing. It's not even a great tempo training shoe.
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Test
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Nike still dominates even if their valuation has been too high
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jr8rhdue7 wrote:
Nike is an evil company. Between their use of child labor, slave labor and sweatshops, participating in bribery including the Brazilian soccer federation, and covering up the rape of Al Sal I wish they ceased existing.
AlSal was raped??
Adidas rock ///
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rock bottom not even here yet wrote:
At some point, the bean counters at Nike are going to start shuttering expenses, and the first to usually go are cuts in human resources and marketing. The human resources changes have already begun, and I expect the cuts to T&F to be right behind.
This has been an epic fall from greatness, and the outlook ahead is terrible, with China now being dominated by Chinese brands like Alta and LiNing. Throw in the stupid tariffs, and there is no end in sight. We could be looking at a titan actually falling out of the lead in running and in all sports.
T&F, especially in the USA, better be ready to stand on its own without the Swoosh.
And for those that will come on here and say growth is just around the corner, please... you've been saying that for the last six years. It's a fire sale now.
Nike revenue is up year over year.
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Sneaker collecting game is on the way out. All the losers thought they were making millions during the pandemic but it's over. And the young ones don't put Nike as the alpha brand anymore. They have no brand loyalty which is kind of good. Lululemon has been pretty much left behind as has been now. They cannot sell enough at the their jacketed up prices. Don't invest in clothing companies. It's a fool's game because no company can keep the magic going every quarter for years and years.
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They've always had the mass consumer market. Which encompasses all sports, and the bar b que Dad Monarchs to the AF1.
Years ago when Skechers received a mass class action lawsuit from their rockered resistance runners their stock showed a significant dip meanwhile they had carved a niche no one knew existed, "the brown shoe" category. Every brick and mortar, dept store , dsw, famous footwear etc carries the slip ons, low top brown boots.
The swoosh has created a mass market, specialty, distribution channel across the world. Sure their serious runner LRC community has a subjective feeling toward them but overall their other markets are gaining 5%.
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I will just say it.... wrote:
You are all looking at this from a strictly running standpoint, which is understood...but here's the thing...Nike makes a ridiculous ton of money in two key shoe segments. Casual/Lifesytle and Basketball.
Nike's Sabrina model is very popular, even among some NBA players.
And then, they are launching this one,,,
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Nomore4s wrote:
The issue for Nike is the market is very competitive now with nearly every shoe brand having a great range of shoes.
Now that the Chinese brands are also gathering momentum it means Nike’s massive market share has taken the biggest hit.
Unfortunately for Nike they will never get that market share back. It’s just too competitive now.
The share price represents this. There is just no more growth available and the market has recognized this and invested into other stocks that provide more upside. that’s just how the stock market works.Plenty of big companies face the issue of tapped out markets.
The solution is to define yourself as something bigger, and run brands you purchase through your supply/marketing/sales channels.
Companies like Procter, Kraft, Coke, Pepsi, Colgate, Unilever, Benckiser do this all the time.
Protect your core business and get growth with acquired brands and new country markets.
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