Thread regarding Nike Inc. layoffs

Nike is cooked

From a former employee looking in - Nike has essentially waves the white flag.

"We can no longer afford to pay a fair wage so they will go somewhere they don't have to"

At the same time they will continue to try to act like they are the "it" brand in the US but that bus left the station a few years ago.

Next will be a failed sale of area buildings - they will try to sell them at a premium because they are "cool", they will sit and be a financial drag.

Marketing and sales will become even more disjointed from operations - leading to even worse mismatched supply.

Overstock due poor planning will continue to drag down revenues in US and further impact the brands image.

Eventually they will sell but at that point they will just be a hollow shell of their former selves - think under armour.


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Post ID: @OP+1m3ygqdtz

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Sad but true. Nobody cares about the big brand, big endorsement, same old cr-p shoes and clothes. Consumers have realized hyper-consumerism spurred by globalization was filled with empty promises and toxins and harmful environmental impacts. Better to buy the cool new kid On if you happen to run, play tennis, or play soccer/futbol. Lack of innovation for years is not turned around with ACG (yawn) or Mind (double yawn) or a flailing attempt at credibility in the technical running space (fugazi).

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Post ID: @b8+1m3ygqdtz

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