Nike is laying off staff and announces a $790 million loss

[Golden fleece]

Since when is SBR snowflake Central? I thought we were tougher & smarter than this, here. Some of these donkeys haven't watched a football game or worn a piece of Nike Apparel in three years, because they were butthurt over a guy kneeling.
How are you guys enjoying all your new Kanye West CDs, btw

no ones melting or butt hurt here. we jus aint gonna support frauds and attention whores. thats all there is to it

YE was better with the jay z duo thing they had goin on years ago

[RudyRuetigger]

never nike crew

[THE HITMAN]

Unlike so many other industries/businesses, footwear and apparel are non perishable, so Nike can and will make up for a large % of lost revenue as the economy bounces back.

On a side note, anyone paying retail sticker price for any sneaker/sportswear crap is a buffoon. I never owned a piece of Under Armour.
Then one day I was low on golf balls and stopped @ a Dick`s sporting goods. Shitty selection, but picked out a dozen. On my way to pay, saw a large discount rack with Under Armour tops. $5.00 for sticker price $35 and up. Bought like 10 of them. Nice shirts for the price of a Hanes t-shirt. $1-2-300 for a sneaker. Simply no.

Good post............but better avatar. '63-64 ish Riviera, huh/ I had one, miss it greatly. 5 popints

[clockwise1965]

Nike can afford the loss and could care less about their employees.

[JIBBBY]

Offending your white customers while embracing false narratives and the people who are stealing Nikes more often than they buy them is not a recipe for success.

Yup.. Company only advertises to the black community.. It's backfiring now.. Many white people turned off to Nike now.

[jjgold]

Yup.. Company only advertises to the black community.. It's backfiring now.. Many white people turned off to Nike now.

[mrpapageorgio]

Also a side effect when you spend more on marketing than actual quality of the shoe. Paying athletes to endorse when they're not playing right now. All advertising dollars being wasted.

[nyplayer33]

Nobody wants or accepts a huge loss

[yahoonino]

What was once a great company, has become a joke. Never should have aligned themselves with kaepernich.

Agree .

[gauchojake]

The truth is that the shoes are trash and have been for a long time.

I hate to disappoint the crew here, but this loss really has nothing to do with white consumers taking a stand against Nike politics. All retail is in the toilet, but keep on fighting the good fight.

[yahoonino]

What was once a great company, has become a joke. Never should have aligned themselves with kaepernich.

Agree

[yahoonino]

i dont understand why nfl commissioner godel. drew bres etc expressing the own opinion and then apologize for it .kneeling during the national anthem is a disgrace in my opinion.you want protest do it in a different venue not during the national anthem.do it in the middle of a game ..why you choose the national anthem is beyond me.just my 2 cent worth

[packerd_00]

I hope nobody here bought in on Nike stock.

[hotcross]

Under Amour better product
Adidas better

nike clothes just are too expensive too for what you get

Nike products made somewhere like Bangladesh

[sosawestbrook]

worked at Nike years ago & they were always prepared for the BIG TRANSITION.

online shopping life is here for permanent stay.

the layoffs were coming, this just happened to be a great opportunity to cut ties.

[DOM-Ganador]

Good post............but better avatar. '63-64 ish Riviera, huh/ I had one, miss it greatly. 5 popints

Thanks. I am a ragtop guy now, but believe this era Riv stands above, alone and superior to any personal luxury car of the era.
A neighbor had one when I was in grade school. His second car was an Eldorado. Dude had some class.
Of course, him and his cars were long gone before I had a chance to acquire.

[stevenash]

no ones melting or butt hurt here. we jus aint gonna support frauds and attention whores. thats all there is to it

YE was better with the jay z duo thing they had goin on years ago

This, I'm not supporting Nike because I can obtain better merchandise at a better price.
Not butt hurt at all.

[JIBBBY]

You need Michael Jordan to come out of retirement and promote the just do it - AIR JORDAN concept again..

Kappernick not getting it done for NIKE.. ..

[Jayvegas420]

This, I'm not supporting Nike because I can obtain better merchandise at a better price.
Not butt hurt at all.

You're right, maybe it was just Dlow who said he was offended

[lakerboy]

Like Nike shoes. Adidas track pants and shirts much better though.

[dlowilly]

worked at Nike years ago & they were always prepared for the BIG TRANSITION.

online shopping life is here for permanent stay.

the layoffs were coming, this just happened to be a great opportunity to cut ties.

From the link in the first post:

The email, which Complex saw, did not specify how many employees and which departments would be affected but mentioned that workers at Nike's retail stores, distribution centers, and manufacturing facilities were not expected to be among those laid off.

If workers at retail outlets are not being laid off that would suggest this isn't the transition you speak of.

[sosawestbrook]

From the link in the first post:

The email, which Complex saw, did not specify how many employees and which departments would be affected but mentioned that workers at Nike's retail stores, distribution centers, and manufacturing facilities were not expected to be among those laid off.

If workers at retail outlets are not being laid off that would suggest this isn't the transition you speak of.

what you quoted there is bogus. read what I bolded for you so maybe you can understand that the quote is literally saying nothing. just stealing your attention span. use critical thinking and read around more before you come into the gauntlet with me on something that I have first hand experience in..Mr Bucks aint making the playoffs.

[dlowilly]

what you quoted there is bogus. read what I bolded for you so maybe you can understand that the quote is literally saying nothing. just stealing your attention span. use critical thinking and read around more before you come into the gauntlet with me on something that I have first hand experience in..Mr Bucks aint making the playoffs.

Congratulations, my 82.5 to 1 bet didn't hit so you must be right. My OKC at +785 is looking good though. I have another that is also looking good but don't want to jinx it.

You're not making sense with your reply though. How can anything be other than expected until it happens?

[cincinnatikid513]

why buy when u can loot them

[sosawestbrook]

Congratulations, my 82.5 to 1 bet didn't hit so you must be right. My OKC at +785 is looking good though. I have another that is also looking good but don't want to jinx it.

You're not making sense with your reply though. How can anything be other than expected until it happens?

all Im telling you is to read around more & not assume everything is true. you read 1 quote from 1 article & thought you were in position to call me wrong. Im not one of those guys. don't come for my neck unless you are strapped to the teeth with knowledge on this topic. I don t mean any disrespect & I congratulate you on your bets.

[King Mayan]

Yeah that’s the reason

Mobile you turning inbred on me?

[JIBBBY]

why buy when u can loot them

Good point.. ...

[jjgold]

We’re all praying Nike goes bankrupt

[Jayvegas420]

pray Trump buys Nike then

[stevenash]

Good point.. ...

Looks like they're just doing it.

[ace7550]

[JMobile]

Yeah that’s the reason

Mobile you turning inbred on me?

Say it to my face and see how I'll step on you.

[hawkwind]

Good News Hope they go Belly Up.

[PAULYPOKER]

Nike= sweatshop operation

Can't have slaves in America so everyone moved their production overseas.

True Capitalism.

World Trade Slaves