It would definitely be great if this is the start of the recovery. New CEO, Olympics, and rate cuts should be good enough of a boost. 
Allanon124 on
Where’d that Nike fella go from earlier?
CoreyTheGeek on
Hahaha what a slap in the face, get canned and the stock runs 🤣
Bitter-Heat-8767 on
He seems well liked and respected by many at the company.
s1n0d3utscht3k on
gonna take more than a news headline to change consumer perception tho. no one associates Nike with athletic performance or quality anymore except a tiny niche of Alphafly/Vaporfly buyers, and even there Adidas, Saucony, Asics, etc have come and ate half their lunch. everyone else just associates them with shit AFs and SB Dunk Lows. consumers moved onto brands with more _perceived_ (not necessarily true) quality and a trend of minimalism, quality over trends (i.e. dad shoes you don’t need update every season).
last year Nike was flat YOY; meanwhile, New Balance up 23%, Salomon parent company this year up 35%, Hoka parent company up 30% and for just Q1 it exploded 82%. their sneaker revenues are small compared to a giant like Nike but if you wonder why Nike ain’t growing, that’s where their growth went.
Infamous-Potato-5310 on
It’s going to be really hate to make Nike cool again. I think they will always be around for the most part, but their glory days may be behind them.
riccoriccoricco on
They have overalls now that are so slick. Whatever CEO oversaw Nike overalls is a G.
kemar7856 on
Just change CEOs profit 
8 Comments
It would definitely be great if this is the start of the recovery. New CEO, Olympics, and rate cuts should be good enough of a boost. 
Where’d that Nike fella go from earlier?
Hahaha what a slap in the face, get canned and the stock runs 🤣
He seems well liked and respected by many at the company.
gonna take more than a news headline to change consumer perception tho. no one associates Nike with athletic performance or quality anymore except a tiny niche of Alphafly/Vaporfly buyers, and even there Adidas, Saucony, Asics, etc have come and ate half their lunch. everyone else just associates them with shit AFs and SB Dunk Lows. consumers moved onto brands with more _perceived_ (not necessarily true) quality and a trend of minimalism, quality over trends (i.e. dad shoes you don’t need update every season).
last year Nike was flat YOY; meanwhile, New Balance up 23%, Salomon parent company this year up 35%, Hoka parent company up 30% and for just Q1 it exploded 82%. their sneaker revenues are small compared to a giant like Nike but if you wonder why Nike ain’t growing, that’s where their growth went.
It’s going to be really hate to make Nike cool again. I think they will always be around for the most part, but their glory days may be behind them.
They have overalls now that are so slick. Whatever CEO oversaw Nike overalls is a G.
Just change CEOs profit 