We are in big trouble with these tariffs and our manufacturing…
No plan for this … Ive been in several meetings with key VP leaders and there is no operational or financial focus
This will be EHs legacy.
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China fights back. We are gonna open under 50
I'll be shopping for European brands here going forward, they might even get cheaper for us if the EU plays the cards right... Good luck with your overtariffed inventories on the other side of the pond. You'll be paying us to get rid of them in a few years in your outlet stores.
wait for the “don’t buy American brands” campaigns to fully hit financials abroad. Company must act fast on RIF to navigate financial uncertainty should tariffs hold true.
Gee, wonder if the top DSM and Ops leader's miss all the amazing employees they let go last year that helped keep the ship afloat during covid! A lot of those people were true problem solvers, not worried about upsetting the status quo - unfortunately it was to their own demise!
Looking at you VA and TR - wonder what your exit strategy is?
These tariffs will close down the competition and they won’t stay on for long but for sure close down some doors. Let’s see how Nike builds its distribution channels as retail will be shutting down and the consumer too anxious and broke to run.
Trump will change his mind by Friday.