Thoughts?
12 replies (most recent on top)
Nike has reached the point of corporate maturity. It's now an old guard firm. It has sold out to Wall Street which only cares for numbers. It can no longer be truly innovative because the company culture now only supports team players, not creative rebels and iconoclasts. Nike is now G.M. or G.E. - a company that makes products that sell in mass quantities but, lack excitement or freshness.
"Hey everybody! Check out our latest "innovation" - an existing 1980s era basketball shoe made with microsuede in a color that tested well with teen girls!!!"
I think Nike will be the same like it was after the 2010 reorg, 2017, and 2021. Same faceless machine that churns through people
Nike will continue to do OK. But nobody should expect a repeat of the last 20 years. Look at a chart of revenue, earnings, and stock price growth during that time. It’s almost mathematically impossible for Nike to repeat or possibly even sustain the growth of the last 20 years. Nike will muddle along but the salad days are probably over. The days of free-flowing T&E budgets will come to a screeching halt. Some might say they already have.
nike will end up like LA Gear or Airwalk
Who cares? It’s increasingly irrelevant.
Just another faceless enterprise making/selling widgets and funneling money to investors.
$60B. The brand is too big to fail.
Full of GLDP people not knowing their head from their a$$ running the show.
Remember KangaROOS?
Yes, they still exist even now. But I bet you didn't know you could still purchase them.
That's the future for Nike. Minus the pocket.
Digital NFT shoe manufacturer for they/thems.
It will be GRAT
Hopefully in the dumpster where it belongs