20 Episode results for "Adidas"
Adidas Reckons With Race
"As the George Floyd protests took off in late. May and companies started issuing public statements in solidarity with the protesters. One company put up a post on instagram. It, showed the word racism in white letters and a bold red line, crossing it out. It came from Adidas. An instagram post might seem pretty innocuous, but inside it is the company's public stance triggered a reaction. It was a really big disconnect. That's the best word for it because it's like you can't cross out racism. It's here. It's evident. You can only choose to actively dismantle right. And to see that you know lukewarm response from my brand was. Super disheartening. For some employees of Color Adidas was saying publicly didn't match their view of what it was actually like working there I felt that. It was in way the company trying to paint a picture of itself. That is not what I see from the inside, and not what I have experienced on the inside. Now employees are speaking out publicly. Welcome to the Journal our show about money business in power. It's Wednesday June twenty four. Coming up on the show why Adidas employees are calling out the company's approach to risks. Robotics artificial intelligence augmented reality. The future is here. Listen to tomorrow today with the Wall Street Journal's future of everything, the podcast that takes you to the front lines of science and tech and shows you what's coming next? Look ahead, what do you hear? The future of everything from the Wall Street Journal Subscribe Wherever you get your podcasts. Wore. Adidas is the largest sportswear retailer in the world after Nike Its logo. The three stripes is one of the most recognizable brand around. Our colleague courageous after covers retail and she says that over the years there's been one key group of people who have helped make adidas so famous. It has really leaned on black culture in the last couple of decades to market its products, it uses black sports, stars and sell sneakers using black influencers. This link with black culture goes back decades in the nineteen eighties the rap group. Made a song about the sneakers. These days Adidas has deals with musicians like frail Williams Kanye West, and beyond say and athletes like NBA player James Harden. Defense Authors Houma game in a box. It's really important for a dita's gear and sneakers to be worn by a black artist by the black sports stars. The black community is very important to Adidas, but dozens of employees or saying that the external image of Adidas as a company that's in tune with black culture isn't reflected inside the company. Starting with its Leadership Adidas is a German company. That's where it's offices, and where most of its top leadership is from, the company doesn't have any black members on his executive team or board of directors. When Julia Bond started working as an assistant designer at the company's North American headquarters in Portland Oregon last year, she noticed almost immediately that people inside. Indeed this didn't look like the people in its ads. I joked about it at the time like with my co worker, I remember sitting at my desk and I laughed I was like well, only black person and she was like. She was like, but wait really you. You are the only black person, and then we started to talk about it and she was like wait. I think you're. I think you're the only black female across like apparel designer across all categories here. Wow, and that. That was really isolating. I was like. Wow! I guess I am the only black female that's. DESIGNING APPAREL IN PORTLAND. For Adidas right and I was like that was really. Was a dark day. I would say because it was very like. Wow, okay I. know we're out there right I know there's black female apparel designers out there, but like where where are we? I would notice it a lot more after said it out loud. I would be in meetings and I would look, and I'd be like still just me. Then one day last summer only a couple months after she became a full time employee, something happened that made Julia. Feel even more isolated at work. Did is creative. Directors had sent inspiration packets to design teams all across the company. These packets were full of images images that we're supposed to serve as a conceptual starting point for the next season's collection. Damages were also hung up on a wall so that designers could be constantly thinking about them. And that's when an intern on Jewish team came over to talk about one of the pictures. She had come down to our area and she was like hey, did you guys see the confederate flag on the wall? And I was like what. Are you sure it's a confederate flag I googled it and shoulders like this is a confederate flag shorts that like didn't believe her, and she was like. Yeah, come on, let's go on the wall and look. So. We looked at the wall and my immediate team came with me, and we looked at it and I'm looking at this image of a guy who's skating with a confederate flag on his t shirt. And I remember. A start to cry and I wasn't expecting that at all. And this is after we had a meeting where. Our marketing team is telling us that we have to better target inservice service, the urban consumer and I use the biggest air quotes of my life here. When they mean black people. like our highest design. Aspiration is a confederate flag. Yet you guys want us to speak to black people. It broke me to be honest because. I can't understand how. This happened like you know like how. How did that happen? To my ancestors died. Because people chose to wave that flag. That flag is a symbol of hatred. And it frustrated me so much I just couldn't stop crying and my team was like Llosa's like so messed up like. You shouldn't be made to feel this way at work and they were even flustered. For Julia. It wasn't just the image. She was also disturbed at the thought of how many other employees must have seen it and not said anything. These images went not only to the Portland team, but also to Germany, and they also like circulated around not just apparel, but footwear and marketing. Allot lot of hands had these images right and you know these were the final images right so I can only imagine the process of you know. Consolidating and dwindling down, and getting really clear, and making sure that these were the ones. You want it to show the team. Julia talked to her boss and hr about the incident. She says she was promised an explanation about how a confederate flag got into the design inspiration packet, but that explanation never came. Adidas declined to comment on Julius Story and declined to provide us with a racial breakdown of its staff. The same summer that Julia had the incident with the confederate flag, another employee in a different part of the company was dealing with something similar. His name is Aaron Teret. I'm thirty years old, born and raised in Germany, half black openly queer I've been working for the data's group for close to three years now Aaron works for Reebok. A Brand Adidas owns last August he went to an all hands meeting Reebok's Boston office with a group of top executives from Adidas. There was a Q. and A. In one question had to do with the New York Times story about Adidas that run a few weeks earlier, the story highlighted concerns from employees about a lack of diversity and its effect on the company's culture. Adidas is head of HR. Karen Parkin took the question. Because she felt this was mostly in age our topic. Karen Parkin started to answer this question. And she said more or less that this is only noise that we do here here in the US. I do not really believe that there's an issue was. Let me get this straight, so there was a question about how the company was. Going to deal with and confront racism correct, and the head of human resources stood up with the company, and said that racism was just noise in the United States. Yes more or less That's what she said correct. This sparked quite a lot of outrage and at our headquarters, so the day after there was a lot of meetings with the SLT's the senior leadership team at L. Company where we discussed what has happened and a lot of employees in a very emotional manner, sometimes even started to share their experience, and how they felt there were people crying, because they've been with a company for a long time, and basically said that they felt very disappointed that even though our president and our team was also present during that meeting, no one had said anything. Now want to reiterate also that while Karen may have been the person that answered the question. No one did really say anything to answer in a more. Suitable way well. How did you interpret those comments to mean? And how did it make you feel about the company on that day? I lost a lot of trust. I think lost a lot of trust in the leaders Liebeck that will also present. I lost a lot of. The part numbers many of which I've actually met in person June time in Germany I lost a lot of trust in corporations as a whole. Did it said that it does not tolerate racism, but both Aaron Julia felt like the company hadn't fully addressed their experiences. And they sat on that feeling for almost a year. Until, the hit a tipping point. That's after the break. Social distancing slows the spread of corona virus, so we should all stay home to lower the risk for everyone more INFO at Corona Virus Dot Gov. Let's all do our part because we're all Hashtag alone together brought to you by the Ad Council. Woke, down. The mood inside Adidas started to shift after the George Floyd protests. Black. Employees were starting to share stories about traumatic experiences they'd had in. Teams were having internal discussions about race and inclusion. In. Early June Adidas gave all its employees a day off to reflect on what was going on. And Julia decided to use the time to do something she hadn't done before. Speak out about the lack of diversity at Adidas and the way her complaint to HR was handled I decided that I was gonNA write a letter. And I was going to send it to my Portland leadership and I thought. Maybe they'll hear me right. Maybe if I send a letter and express what's going on? Why feel so disconnected the listen? and. Then I thought and I had a very scary hot where I thought. Man I. Don't know if they will hear me because if I think about the Times I've done this and gone to the right people and spoken to them and try to have a conversation their unfruitful, because I'm not under the same reality is them. They want to cross out racism right? So that's when I realized I had to release the letter for the public. So I thought I was like well. Maybe it's time for them to see and to hear from Julia Bond One person one experience so that maybe just maybe people won't be silent anymore, and they'll get the courage to say what is that they're experiencing. Julius sent the letter to employees and managers across Adidas and to the media, including the Wall Street Journal after I sent it. I feeling like. Oh Man I. Wish I kinda. Take this back because I. Feel like I'm in deep water and I. Don't know what I just did I was like. Maybe I just want to undo. I remember feeling really like alone for the longest time, because and I've had a lot of black people at the brand. Come up to me and say hey. I saw what you did in the press and I stand right behind you I'm standing right behind you. And I remember feeling a little like. Awkward by them, saying that because I'm like. Why don't you stand next to me? Over in the Boston Office Aaron was moved to action by Julius later. He decided to stand next to her by writing a letter to. In it. He described the scene at the Boston meeting last August where Adidas head of HR, Karen Park describe racism in the US as noise. I knew that if I ever wanted to look myself in the is again like I needed to stand next to her. I like for this young talented. Woman to. Bring up so much strength that I did not. Find Myself in the last. Ten months after that meeting happened wasn't spiritual to me because. I felt like. We we are here. We have to strength. We have to voice. Aaron also sent his letter to the media. After the Journal wrote about it and included details of what happened with Karen Parkin it set off a big reaction inside the company. Dozens of employees started calling for Karen Park into apologize. Here's Codija, so what happened is they have an internal social networking system? And she posted a message there on June twelfth, and it's essentially said I should have chosen a better word at the Reebok meeting. And she said that it was her responsibility to make clear the definitive stance against racism, and she acknowledged that she didn't do it, and she also said showed I have offended anyone I apologize. That statement, should I have offended anyone I apologize that really triggered a lot of employees and they felt that that was just not an apology. After reading the message, a group of eighty three employees wrote a letter calling on the company to investigate whether Karen Park in taken the right approach to diversity and inclusion. The letter said that Adidas was not representative of the communities. The company profited from and the company's leadership failed to understand the gravity of the situation. The letter also asked for a system to be able to report allegations of racism in a way that was private and the employees who had signed it wanted the board to make sure that they didn't face any retaliation for raising these issues to the supervisory board. Adidas declined to comment on the specifics of what's happening inside. The company spokeswoman told Kadija simply quote. We strongly reject all statements made in a letter. But the company did say quote welcomes the commitment of our people to stand against racism, and then it is now focusing on creating real change immediately. Adidas also pledged one hundred twenty million dollars to program, serving black and minority communities, and it said thirty percent of new US hires over the next five years will be black and Latino people. So the company is marketing to certain communities, and they need folks who understand those communities and can reflect different perspectives and come with those perspectives whether it's in design or marketing, and in order to do that. They have to recruit employees that are talented and are willing to work at this company and one of the challenges and something that I've heard. Is that when you're an employee? And you or even if you're starting in a mid tier lower tier employees, if you don't see anyone that looks like you at the top of the company, you don't think that there is an upward trajectory for you at that company, so it's harder for you to recruit that talent and retain it. Julia says that's what she wanted to do by raising voice, try to make Adidas a better place. A lot of people were asking me like. Are you trying to burn the building down? Like what are you doing? This is super, destructive and Messi in And I'm like it's not my intention to burn the building down. I would love to see this brand excel and I see the potential it has. Can you imagine if the potential of a brand like that with that kind of reach? If they chose to do the right thing, right how that would inspire the next generation. That would you know? Allow more black people to be drawn into the space? That's offered today. Wednesday June twenty-fourth additional reporting in this episode by Jacob Gallagher. The Journal is a CO production of Gimblett and the Wall Street Journal. Thanks for listening. See Tomorrow.
The Entrepreneurs - Eureka 162: Adidas Outdoor
"<music> you're listening to eureka on monocle twenty four with mcdaniel beach host of the entrepreneurs in the way we work problem solve and looked to grow accompany entrepreneurial thinking can benefit all areas of business and not just startups large global companies incorporates were all startups at one point and competing and innovating today as ever before of course in many cases that's that's not so where corporate culture and boardroom thinking is simply tired and outdated but there are a host of heritage companies and brands that have always been and will likely likely always be market leaders and this can certainly be said about sportswear giant adidas founded seventy years ago this month in germany by the inventor and entrepreneur ati audie. Dos ller for this week's program. I had the chance to sit down with stuart. Wells who is global head of brand marketing and communications for adidas outdoor. The outdoor division of adidas is made up of adidas terex and heritage brand five ten focusing on trail running mountain biking climbing and outerwear in general stewart has spent his career working with huge brands such as picardy morris burton and nokia including while working at global agencies mccann erickson and b._b._d._o. Here's my conversation with stewart now. Talking talking about an entrepreneurial approach to marketing brand collaborations sustainability and new products at at us out door is obviously business unit which folks on the outdoor activities and creating apparel and footwear the that we call it we talk about the next generation of outdoor consumers we really focused on that and we want to service them as far as hike trail run climb and bike and then on top of that we also look after the jackets for the business. We're almost like a center of excellence or a sort of key. Area of competence for us is making jackets. The principle full is that we see a lot of change going on in the outdoor business. We said a different kind of outdoor product emerging and something that we were really well placed the two to service so by that. I mean you've got without doors. It's a space that you can go into but unlike the sport. She can't kind of limb off at half-time. If you you can go to the changing room and have a shower. It's if you you need to have protection from the elements. You need your product to really serve you. We see that being a consistent thing. That's always been the case and will continue to be the case but what we're also seeing is the younger generation of of outdoor consumers coming through who want to mix their styles. They don't want to a compromise on wearing out to close outdoor shoes that don't match the that style in their lives generally and so you know we look to to our own routes we look to our own history and and as a company we've got an incredible heritage when it comes to style up and street style and we've got an incredible incredible history when it comes to performance we've been seventy years old this year and arguably we've been doing performance footwear and apparel for something around seventy eight so so what we're trying to do is bring those two things together and actually offer people both style <hes> that helps them reflect their lives in their lifestyle but also that performance which means they can literally take the shoes into the outdoors or the power they can run hike bike climb for however long they want and they've got that performance absolutely nail nail down so we see that happening. We think we're really well positioned for it. It's something that we wanted to accelerate. Let's say and so we've we've created a business within a business and i think from my own standpoint having spent a few years in startup startup environment. It's something i'm really comfortable with an. It's an opportunity for us to flourish basically as you touched on. It seems like a really exciting time now. In the running shoe outdoor wear world old where it's seemingly a bit of innovation arms race they stays with the big brands and they they have these these huge units and huge amounts of money. They're throwing at developing a new product in new technologies and it it seemed in past it was mostly about brand and brand story but now it's really about the actual technology as well yeah i mean i think it's both brandon and and technology and style it somewhere somewhere. In the middle of all of that is what we're beginning to put together what you've got you've got brand but then you've got the technology and the capability ability and then you've got the style and the kind of identity people's identity that you're trying to work too and i think when you look at what's going on with technologies technologies that we've got like four d. Which is you know you tweak the algorithm to adjust the flexibility of a soul in shoe. That's really really really interesting and it's a it's a natural story to tell consumers and the kind of consumers that we talk to these days they've grown up with my phone's fundamental part their lives. They're grown up with technology donald j around them and it's gone into every facet of their life so why not actually go into sports industry when it comes to outdoor think it's like you can kinda tannock's it because we absolutely need to be making product that performs an harshest conditions and so you want to have stuff that says lightweight as you can possibly make it. It's breathable. It's protective. It's durable in this is this is like the right on the edge of where material development is and with a with a company of the scale of addidas. You've got the armory that weaponry and you back pocket where maybe some of our biggest competitors don't. It's something with very comfortable playing to. Is it a conscious that it's one small unit as the company that is sort of leading that side of <hes> the innovation yeah. I mean i to be really elite like crystal clear. We don't lead that in terms of across the company their number of business units that use the technology that come across what we try to do is do it as smart small as we possibly counsel as a combination of let's say materials and construction what we're trying to do is make sure the the standards that are expected of a product in the space that we go into a met where a relatively small business unit but you know we've got just this great weaponry that sits behind us that we can we can deploy roy when we go into the market so in a world where consumers are so demanding about <hes> where they want the product to fit within their own style. They're also demanding about what brands the companies are doing on the sustainable from tells a little bit about what you're doing there yeah no that's a great question and it starts with the consumer and motivations are consumer who spend most of their time time they spend the rest of the time in a city actually but they take a lot of benefit of being in the outdoors they have a strong affinity to the sustainability stories that are coming out on farrah's that plays out probably most publicly three things like poly. We've also given ourselves some pretty meaty goals like only using recycled michael plastic by two thousand twenty four we starting to work towards that and i think the combination of polly partnership and a series of things that we do as a company anyway anyway around sustainability start to build a really strong picture for consumers where it really matters to them and it's something that as an employee if it matters to you it's also really motivational. Gives you a real buzz working in a place that does that give us a sense if you can of what it's like to work at the company because i have the sense that this is a unit that it might be given a little bit more leeway to be entrepreneurial to be thinking outside. The box is not exactly what we might think of at a big company. Although large companies companies are trying to do everything they can to think more entrepreneurial so maybe this is what he does is done or fundamentally administer an entrepreneurial company. If you look at well audi dassler astle did he was an incredible entrepreneur thing. His spirit lives on and you know at a company level. You've got projects like our station f initiative where we're partnering with station f._m. In paris we've basically picked thirteen startups that we're going to accelerate. We're going to work with and there's an opportunity for both them and for for us to learn so i think very much a company level that philosophies ingrained at eleven when it when you bring it into the outdoor space because we see this seismic shift in the industry and there's an opportunity for us. We've actually got the opportunity to take a slightly different approach within the company so you know it's things like we tend to align ourselves by activity not by <hes> by discipline and that's something i think he's is really effective so you will have a product designer. A product marketing all could sing manager and a brand comes manager sit together on trail running for example and that's something that means that you get a kind of ingrained understanding of the consumer because you've got those three different departments who are very much focused on their activity and the consumer that's central to the activity so it kind permeates amongst the individuals and i think you start to see in much more joined up product to communication. I've had situations in the past working in big corporates where there was a there was a disconnect between the insight. The product team would be working to incite that the brand communication is being worked to eh with added asam particular outdoor with very very sharp on what's the consumer inside that we're working to hear how we collectively going to activate that and then that starts to see itself come out in product stories in the product stories naturally translate into the communications we put into the market and ideally consumer sees that naturally understands that it's joined up and hopefully services they need and that's the that's the dream of what we're trying to. I just would be curious to hear a little bit about ah your own experience in sort of that brand side of the story you throughout your career have worked with knock ya mccann-erickson <hes> b._b._d._o. Uh-huh big companies and big agencies as well but i'm just curious about that brand story in an age where we can make up a brand before even how to have a product. It's make or break overnight. It must be also exciting to work at a place where sort of the innovation can drive that story. I think having innovation just embedded in the the company is an incredibly powerful thing. I've had the benefit in my career of working with some really big impressive brands but you know i've worked on <hes> chocolate bars and an in principal. The product hadn't changed since the twenties thirties when it was in a it was invented as such and i think when you fast forward to what we're doing without ask i mean it's you know it's fast evolving. The company's <hes> on absolutely on top of its game at the moment but that doesn't mean that we're gonna just sit back and kind of enjoy the ride were if anything which ramp-up the innovation trying to bring more thinking into the company and that's where the station f exercises is really good means to actually kind of check ourselves. Checkout progressive means to learn to understand pass learnings on. I think there's an opportunity for some of the the sort of cultural indicators the <hes> created in the startup scene. Cannot she work their way back into a big accompany. You know when you're when when you're in a startup and i i know this from my own experience you know every day you feel like you're taking a risk every day. You feel like you've got to kind of prove your resilience and that's something that we learn from startups and we also are applying to are in business as well. That's fascinating. You touched on some of the things you are are working on. I'm just curious and and lastly if <hes> in so much as you can say what what are you working on the olympics coming up the there must be something that you can give us a hint about. We're about to launch into nineteen. I think you're going to see some great innovative products that really bring to life the idea of taking mountain technology and and and combining it with st style. We've got a range of jackets which shelter my shelter jackets that <hes> the absolutely on point point for <hes> the urban environment spent some time in london this week and it's pouring with rain. I really wish i'd brought my jacket jacket with me so you're going to see some of that coming through and i think think from a sustainability perspective we've got some great product coming through that we've partnered with polly on and parleys one part of the sustainability story that we've got aw but it's so so important part and something that we're very proud of my thanks to stewart wells from adidas outdoor coming in to share his story. Thank you as well to cure and matthew banerjee who mixed and edited the show daniel beach. Thank you so much listening and goodbye.
Adidas closing US Speedfactory, Bumble & Walgreens private equity love, and Apples potentially iPhone-less AR future
"This is this is Jack and this is snacks. Daily is Tuesday November twelfth. This is best. What yet Jack? Ah You're little sharp over there. I think you're missing notes. Did Karaoke this weekend. Voice is barely recovering. Both my wife and I slayed. I got Jackson T I got him some Green Mint three little honey in there. Jack can you tell us the first story. First story is a private equity to pack walgreens and bumble both might get acquired by private equity equity firms. So Jack and I bought two stories cut costs. Bundle them up re ship them repackaged and we're delivering them to you. More profitable shape our second story Adidas. It's transitioning out makes your shoes. I it was Asia okay. It was America. Asia outsourcing is actually way more complicated than just wages. We're GONNA jump into it third and final story. Apple is thinking about the post smartphone era. Think about him. I didn't even know that was a thing. What does that look like Jack? New Augmented did reality glasses. That's what we're talking about. Apparently there was a leak. This is a lesson thinking five years ahead now. snacker is before we jump into all that we share something with you that we discovered that hits close to home. It's kind of Meta but snacks is growing snacks. Literally according to a new poll by the company Harris Whereas Jack what did we learn eighty percent of consumers are looking for more snacks turns out sixty percents of consumers want smaller meals and fewer larger meals sales now. Both of those data points are very upsetting news to the cheesecake factory. Very which wants you eating gigantic meals and not even be able to move to snack if you want you. Don't walk DOC Outta there with an extra six hundred calories in your pocket on top of the ones you just consumed now. Younger people are bringing back snacks. We're not talking candy. We're not talking deep fried potato chips. We're talking like the healthier stuff. That's just three three ingredients now. Jack and I jumped into the survey snack style discovered. It was a involved six thousand adults in twelve different countries. We also learned one specific. Catch well the report was commissioned by mondelez global macro giant food company. Out there the company behind snacks like cadbury chocolate. Quit Orioles and Ritz crackers so take this report with a grain of Oreos no matter how. You're snacking smackers. Remember to do so responsible. Daily Aley Food is candy. They don't reflect the views of robinhood family formation. Oh just recommending. Any securities is not a research report orange vestment advice to offer or sale of a security that's next digestible destitute. Business Financial LLC member famous last SIPC for our first story. DEXTRA checker Harry's overhearing Adidas just cancelled American term factories and shipping the back Asian steady. The only American shoe factory I've ever heard of his Parish Shoe Company led Take Hampshire Beautiful Movie Jumanji. I remember well Jack. Were years it great Robin Williams Flick. Also a a good reference Adidas which planned out a very nice and novel concept just about like five or six years ago for how it was going to manufacture shoes. The plan was don't produce shoes in and low cost Southeast Asia. That was a novel concept if actually like a very straightforward simple plan instead they decided they wanted to produce shoes close to where their customers were. Atlanta Georgia an ounce Bach Germany beautiful cities also great places and. This wasn't just going to be any factory. No now now this was gonna be a Willy Really Wanna ask nearly Human Lewis fully automated factory. Yes these these are called speed factories but they built in Atlanta Georgia Georgia. In fact Deutschland speed factory didn't quite catch on gigafactory that Elon. Musk no kind of branding issue. I feel like the name sounds like it was like literally AH translated verbatim from German. There wasn't much creativity applied to sh sh no factory it so this was a fast fashion ish idea because they wanted to produce close to America Erica. Because that's where lots of customers well it turns out. We just learned that American and German speed factories by Adidas. They're going to be closed in April. And that's going to cost cost about two hundred jobs. Right there relocating. All of their keeping the speed factory concept but the relocating all of them to Vietnam and China so. Here's the thing about about one year relocating. Or outsourcing factory when you're picking a place to produce it's not just about wages outsourcing to China outsourcing New Mexico at that it you hear these days but it's not just because workers get paid less there. There's other things to consider all right case in point you got to take into consideration the speed need to the customer. It takes a long time to ship shoes from Asia to America. But that's what it is is decided to do very long boat rides. There's also the fact you gotta the deal with Foreign Exchange if you're paying your workers and Mexican peso but then selling your shoes and US dollar. You need to highlight the whole finance team to manage that risk Nokia aww calculators lot of calculus and third and final and I gotTa Say Jack and I think this may be the word of the year. It's beautiful. It rolls off the tongue. It sounds like a super cal fragile. CYSTIC Disney movie. AGGLOMERATION agglomeration is basically. Where are all the suppliers concentrated right? Where's the infrastructure? How can I make these shoes as quickly as as possible and then ship them to customers as quickly as possible turns out agglomeration? Was the winner here. Adidas said it makes more sense to concentrate all of its factories in Asia and take advantage edge of A. That's where ninety percent of all adidas products not your shoes. They're all made in Southeast Asia as a side note this is a bad sign for. US Manufacturing Adidas he just tried out the US for like three years and has already leaving. So Jack what's the takeaway for our buddies over to Dita's this was really expensive mistake by Adidas. Adidas Open this plant in Germany four years ago the one Atlanta Open just three years ago. Those plants probably cost a number of billions of dollars neck. And they're closing down after just four years. That's the worst investment I've ever heard somewhere in the deep in the Adidas earning supports. There's probably about a billion dollars is worth costs. That didn't need to be there for second-story walgreens and bumble both have something in common private equity wants him and they want him bad so so badly we're GONNA kick it off with walgreens drugstore you love to hate. They don't have as long lines or I'm sorry they long receipts CVS. But they're getting up there true and they want private equity support because walgreens has been suffering and they need some help snappers. The walgreen stock is down ten percent this year. Even though the rest of the market ticket is up twenty percent that means it's like a negative thirty percent overall compared pretty painful. It's painful and a lot of reasons for this. One of them is turns. Turns out a government report revealed that they sell more cigarettes to minors than any other drugstore. Chain not a good luck and like everybody else they're reacting to e commerce awesome cells are moving online and out of Walgreens so snappers the shares jumped five percent yesterday only because it turns out private equity firms may want to acquire. Acquire the company. And we've talked about this snacks before when a company gets acquired its stock. Price tends to rise so now it's worth fifty six billion dollars which translates out four four lifts now the suitor here who is handing the rose to walgreens wants to acquire it is the original. Og private equity firm because they identify if I- weaknesses and companies and then they try to help them out. KKR's the company featured it's the protagonist of the wonderful barbarians at the gate right. They took over an abyss go in the eighties. They helped regrowed it and basically that became the whole private equity concept so if KKR acquires Walgreen it would buy all the shares. Make it the private company fix things and eventually sell it. But we'll get to that later all right. In the meantime we should talk about our friends over at bumble which is getting acquired by a private equity. Yeah this one's official and as a quick reminder bumble is dating APP where women make the first move right and this one's like facebook official. They're willing to talk about the relationship. It's the real thing it's the real deal deal. Bring it home for Thanksgiving. So bubbles. Parent company is called Magic labs and it's getting acquired by blackstone and the deal values fumbles parent company at three billion dollars. Blackstone is a private equity firm and now they are the owner of the majority of the company that owns bumble Kinda surprising that bumble is getting acquired by a private private equity firm because true fumbles not a traditional P. E. Target Company. No private equity firms tend to go after your more traditional industries. We're talking your walgreens at the world. I remember back in the day. Mitt Romney's firm took over staples which is less crumbling. Thunder Mifflin plus not the same thing as bumble which is a charming dating APP. WHO's both profitable and growing revenues at forty percent a year? So Jack what's the takeaway for our buddies over at walgreens over at bumble and really for the entire private equity the industry private equity pretty much thinks it's smarter than you. It's so true. In both walgreens in bubbles cases the new private equity owners are going to follow a clear tried and true route. Three step game plan that straight out of business school textbook all right step one in private equity you purchase an entire company. But you don't pay for it in cash. No that'd be silly. You finance finance that thing with like eighty percent debt just like you find. It's your Peleton. Just pay like forty bucks a month. It's the second step to private equity is after you've acquired the company any then you run it better than the previous managers did and that means making it profitable cutting a lot of cost and doing a lot of change ruse full make it step. And that's a crucial step. Nick you need to to be better than the previous manager Jack. And I can't emphasize enough steph number. Two in this game The third and final step sell the company after five to ten years for a much higher higher price than you acquired it for in the first place and making a huge profit off the difference. It's kind of like flipping houses. Actually it's way more like an episode of Queer Eye for the straight guy but with a lot more money money and jobs at stake and just as many tears as queer eye so true four third and final story. Jack is that is that the real you. I'm trying to touch your face face Jack. I don't know if that is the real Jackie. NAPA is planning an augmented reality headset for twenty twenty two and this augmented reality will replace your smartphone before we jump into this. We gotta talk about some basics. Because they're way too many letters getting thrown around these days we're talking like BBC Enterprise Prize with the CBD Asap. Let me spark notes. This thing for you. A are is augmented reality. That means it's reality. It's actually the the real world. But it's odd dented with some digital stuff all right Jack and you break down. VR for virtual reality. Not The real world not reality at all. All this is fully immersive virtual reality so the information which is a media company. Got A hold of an October presentation from Apple's headquartered presentation. TATION was live at the Steve Jobs Theater. Which is where you put on your mock Turtleneck and unveiled the next iphone? A thousand employees were in there looking at this presentation. Turns out you can have a thousand employees enjoying the presentation but it only takes one employee to leak information yup to the information leaked the presentation and it turned out to be a pretty the important one it was the product roadmap that includes apples next to big devices. We're talking this is like the treasure map in goonies that leads to wear the gas. Yes yes the first product is an augmented reality headset. That hits Apple Stores by two thousand twenty two. This is like a full-on vision blocking headset. That you're gonNA see in public. It'd it'd be like I can't believe they've got that on there right. This second product is a little more chic augmented reality classes. But they won't come into one year later. Twenty twenty three. This is like picture worby Parker and Robocop had a baby and that baby had to lens. Yes they're gonNA look like pretty much normal glasses but with digital info like superimposed on the Lens so that you are Robocop Komo it takes a village to raise a child it also takes a village of APP developers to make a lot of apps to make these things work one apple. According to the road map is going to reach out to APP developers. Twenty twenty one. So that when these headsets hit apple stores they actually useful with like you know the APP see now smackers. We know what you're thinking here. Why is apple so obsessed with these AR VR letters? It's because nobody wants to miss augmented reality because other companies have missed things for example Microsoft missed mobile phones completely and to to this day. Bill Gates is in a closet every night rocking back and forcing himself just for missing mobile phones. Why don't we do those? That's why Google Sony facebook Microsoft snapchat and apple are all charging into augmented reality. Even though customers haven't even said that they want them and right now if you're apple the IPHONE is your profit puppy but an iphone requires you to have two hands and an iphone without the need for two hands would be even better and that's exactly what these Air Glasses could become so check. What's the takeaway for our buddies over at Apple? Where do you see yourself in five years? That's the question you need to ask. Good entrepreneurs and businesses. They solve a problem that exists today rate entrepreneurs in businesses anticipate Tamaz problems and start solving them today. Apple's was thinking that in five years people will want to smartphones but without needing their hands and that is what apple is trying to solve. Jack can you'll whip of the takeaways force over the dude is thought about producing a choose near customers but decided on Vietnam and China's debt golomb ration- When the supply chain is clustered in one area. Beautiful Word a private equity firm is buying BUMBLE and might be buying walgreens. The crucial step in private equity is to be smarter slash better than all the previous managers of whatever you just acquired third and final story apple. This is a wild one. I can't believe reading eyeglasses. You're just GONNA have to wait like three to four years but that could make the iphone obsolete now snacker time time for our snack factor the day this one sent in by Hardcore Longtime Og snacker Mia Panzer Aka mealy black and from cohasset Massachusetts. You sit now in Classic Middlebury Panthers me I I love this. One media works in the self driving car industry and she's always thinking about. What is the standard of excellence? What's that we need to do better than in order to succeed? So let's look at the landscape right now. There are about thirty five thousand deaths from car accidents in the United States per year here at the moment but Americans drive a ton in fact we drive three point five trillion miles per year. That's more than your Subaru. Can Handle Sir so jack whipped up the the old white board on this one through the markers addict carried the one. And what did we ended up with. That is one vehicle death per one hundred million miles of driving. That's actually pretty sick. And that translates to three point. Four million hours of driving or three hundred ninety years of continuous driving for twenty four hours a day seven days a week in between kraft craft is a very high bar. An autonomous vehicles. Have to get somehow better than that for it to be a positive impact on society except for the sleeping we can do in the backseat Mia. Thank you for the self-driving snack today. SNACKER send us your own self driving. Just any kind of snack. Facts at Robin Hood snap. You could do that on twitter or instagram and have a great teaboy Tuesday. That is the best one yet Tuesday a Mary teaboy Tuesday all the Robin Hood snacks. podcast you just heard reflects the opinions of if only the hosts who are associated persons of Robinhood Financial Llc and does not reflect the views of robinhood markets inc or any of its subsidiaries or affiliates. The podcast is for informational purposes. Only is not intended to serve as a recommendation to buy or sell any security and is not an offer or.
Adidas Human Resources Boss Quits Amid Racism Row
"You're listening to the news at this hour. An Africa Business Radio. The hint of human resources at spoke sledge on Adidas has resigned amid a row over the firms cooperates culture and lack of diversity. Carrying parking a British citizen who had worked at it is for more than twenty years. High exit follows protests about a staff over comments reportedly made adds an internal meeting last year. Global brands face increasing pressure to take actions of a racial equality after the death of George Floyd in a statement issued by the world's second-largest sports sportswear. MEKA missed fucking said that she had always stood against racism and had decided to retire and pave the way for change. And that was the news at this time Africa. Business Radio you can continue to this in life online at www Africa, business radio, DOT, com or I'm APP. Thank you for listening.
Let's Kick It - Courtside | Holiday Season
"Welcome to less kick it the first episode of his State and also kicking it costs. I'm Co drew this. JT SNEAK GUY and we're going to be kicking it with y'all got some hot kids we're GONNA be talking about everything in fashion from the ground up with us. Kicking courtside awed kick it kick China Tarnaud Cerna Turner night. What you're GONNA do? God wants to come through a year last year. Let's kick it best yard. Ben Is the way to look welcome back to courtside less kick it. Yes this is all I assode and it's a Christmas episode. That's why I'm just like this on your boy. Coach drew me from Ball Court. I'm here with JT to sneak a guy he's going to be a regular. Jt are doing out there people of it so we got a lot of topics to discuss. We're GONNA jump right into it. That's that's right. You know. First and foremost everybody wants to know since his contract expired that he had overseas now that expired after a year or midway through rookie year. Everybody's asking who is Donna's GONNA sign with. That's the question on everybody's which wisdom Google whereas luke ago whereas Luca going so let me ask you a question. Okay let me ask you. This is a very important choice. The reason why is it important choice because let's take a look back look at Genus this sign. He signed with Nike. Rachel is great option. Like you like we're talking about in the Green Room. Did actually one of the leaders right now in our pop coach culture. So yes you WANNA sign with somebody like that. They got the newest shoes. The freshest tissue they got shoes folks that are retro shoes are still being coming out now. You're still considering what her freshman once so we have to ask. Is it going to be Nike or would that was was Nike. A good fit for everybody. I would not go and knock Luca what the the reason why I say that is because I believe they did not capture the Greek freak in essence with that shoe to me personally. That's very ugly. That is an extremely hot take. Let's come back it up. I believe that's true is no different than a size nine thousand nine hundred marshalls that everyone is playing with an Sean as a trophy so it has this huge swoosh and nothing else I could agree with that I do I do understand. There's a lot of people who say that Bush pulls away from it and in your statement or saying that it didn't capture essence. You can see that when other people with the shoe and it seems like it's made for them as well exactly so yes I. I clearly see that admit. It is a fly looking shoe. I cannot admit ugly shoe I I'm trying I WANNA want to fix it up but ugly as the word okay. Well good agree to disagree to episode two. I'M GONNA come back with some different color ways of that zone Frey and we're going to really discuss it. I okay. Is this episode. We're going to talk about this. This is GONNA be awesome. Awesome McCall agree to disagree. I write okay all right so we're going to come to America. You'RE GONNA change your mind but you can't put makeup on a on the check but okay. We're GONNA do that. I got you I got you but watch me put makeup on a pig and you can call it a beauty queen. I'll tell you that much. So so the question still remains does Lugo. Okay you say not with night not knocking not not when Nike. Who Do you think he should go with? I think you should do something drastic. When I say drastic I say poma? Wow that's US Puma. Have some of the hottest retro shoes out that people love Calloway's our new inventive. I believe if he went with it will shake up. The industry would and you know what I'm GonNa jump out on a limb and agree. Would you on this one. The reason why I agree with you because with Lucas style of play it has that old school fields with with the Clyde hardwoods right now taking shape with people like how coups Mabini Science Diploma and taking shape. If you see that that shoe would fit his style of play that could capture Pomo. Could possibly I and yes. I'm going to go ahead and say this due to the fact and I'm GonNa tell you why Y se where I think you decide but who McCain capture his essence of who he is yes. I agree with that. Here's where I think he should and I'm going to go ahead and explain why I think Luka side with Adidas Adidas here's what though Puma and Adidas both of our our German companies correct right. Yes big little brother type thing. I think that would bring due to the fact that they have that new campaign of changing the game and reinventing the way things these are done you know having that mindset that hey this is going to be something big for them. I definitely one hundred percent field. That with Adidas he he could be that face that that they need on the mend. Sonic don't get me wrong. I'm not saying that they don't have they demand. Don't have the roles roles you don't have they have those big name but as far as something. That's cement brain. I definitely feel that Luke is going to have that but I feel pullman could capture the essence of a shoe that is functional on a court auction no fashionable to be dressed. Stop address down so with that that would increase sales. Yes guess millennials catch older sneaker heads and with that I just don't think Adidas has ever outside of crazy eights been able to do that. That is true the crazy gates AIDS did capture. The captured what Kobe brought to the table. And that was amazing. But you are right. There are a lot that fell short so so lucre. Here's your choices. Here's here's another choice. that a Lotta people were throwing around and just because how he looked in the shoe itself calories Talking about the under armor. Okay I feel that definitely I this height of his career where Luca is right now under armor will cut him down it will literally bring down his value exactly. I don't think I'd be even auction. I I agree with that sentiment and if I will look outside of Pullman I will go with our would be the first Lebron shoe sign. Woo signed directly to the BRA. Exactly how the under NYC Lebron brand on the Nike Lebron Lucas hookers. Well if you're going to be putting up numbers like Lebron is well. That would be amazing. That sneak the guy that's right. Jt to sneak guy so lucrative. Take a look at these options. If you are going to go with Nike and I can understand understand why you would do to the fact that got stranglehold on pop culture. Technically sign on the Lebron's brain. If on the other hand you want to back away from it and what are the options we got Adidas Palmer's wrong with the brothers but be sure that since the crazy adidas haven't really captured the essence of a player player. So what we're GONNA WANNA do and I I bet different with that. Because de Rose The D. rose nine those are absolute fire and those were devos. You looked at those Zeros. You with three coming back. I know what you're talking about. Ah Yes but when we talk about pop culture. We're talking about that change that change. We're talking about this recently. Only having his first retro shoe that that speaks volumes about what has done with Adidas with their brandon for their sneak outlets that. That's true not speaking about that retro droeshout and where the data's been doing Branford athlete we're going to be talking about wash shoes on the next segment that we call the ground stick with us right here on. Let's take kicking kicking it Corsa drew and jt this week. A Guy Song. Yes yeah yeah welcome back this is less kick it kicking. Of course I'll go through this. Jt sneak a guy and we are back segment to Yup. They'll ground I talk about some kicks. That's the name of the show. ooh Let's talk about some kicks so grandma kicks car okay. We're GONNA talk about first and foremost one of seat the less kicking segment for ball court. We always talk about one thing and one thing every week. Lebron James Shoe Lebron James. We're not GONNA do anything different today. Guess what we're talking about Lebron James Shoe okay. We're talking about the Lebron James Seventeen currencies. That's going to be the first shooter that we're GonNa talk about release day coming out on thirteen. That's later on this week so everybody. If you haven't picked up a Christmas gift go out and get it if you you are listening and you haven't picked up a Christmas gift for me go out and get it or jt to sneak. Lebron seventeen currencies banging banging right now. Exactly what you think about them man. I believe I'm getting out onto the college man. You're talking. Oh come on seventeen and like you say the coming out. Great Christmas gift. Yes but I believe they need shoot. Les Schwab Oh. I'll get to get new latest people. They need a lake swab because they need a little tent to that black and purple disgust. I just disbelieve me. Trust me on shoe on foot. They needed Les Schwab. Okay but I would say go for the swap definitely you want to wear these taper pains delay swap only on one shoe go with the purple aces from the Lebron Touquet. Okay the two K.. Bronze to get the Purple Aces from that to K Brons Lebron Seventeenth capon remember. We talked about that on our show. See See I always go back anyway though. Lebron Seventeen to K- bronze you get out of there just one race just one and doesn't do a lay swap on just. The left shoe has wider left shoe and not the right. Should we take a look at Asher especially if you if if you if you're right handed if you're walking right 'cause that first step you're gonNA take is going to have the full black on black drought you with the PERP with a little purple on the back you had the purple Back of it going through to find succeeded a little grains of purple as well as low apart issue. So we're talking about you. Walk it up the first thing you see the purple or that scenario you pull up you you pull up somewhere you open the door. They see the purple laces and the Black Lebron seventeen currencies he medium level and then when the other foot drops sodas their mouth. Yeah they're draws on the floor atmosphere. I think the currencies and the great thing about those currencies is you don't need heavy. Purple to be wearing wears flashes purple executives will pull it off and another great thing people. I've heard through an dot not a lot not annex officiers in that those shoes as a great for people with ankle in feet issues yes. That's the one thing about the Bronx Lebron's cater to people wit fee issue like we're angle issue. Because he I'll know his shoes have always been the most comfortable shoes. The Lebron remember the Lebron three. The Superman has the most comfortable bouchut. I've ever played and I say this I've spoken to other people who says all off the record. Outspoken athletes. Weren't you know with the Nike Brand. WHO said it just wanted to more comfortable shoes at definitely feel that Lebron has he has a stranglehold on making the more the having that look amazing but also add to it that he have a brand he has he has he got the ones that has a pop culture aspect as functional year? And that's comfortable something that you could definitely say. Hey that's the show right there at anytime you can you can cop shoot that you can go on a date night which lady and also if a game of a game breakout you ready to roll on on the spot. That is a great shoot. As a matter of fact it sounds like a great date has i. You got a date night with your lady. Unleashing your identity. She pulled the basketball. Say So. Who Bet Yeah? Hey wait a whole bunch right Bagh bid you got Lebron Kersey seventy watts and it doesn't matter hall would concrete asphalt take and ankles. Yes and if she didn't show what she showed up and he'll do what you gotta do is what it was in your wallet them on that Note. Yeah I think we just lost. Half of our lady is going to be the night air more UPTEMPO full. If you are a nineties baby. If you were raised in the ninety eight you got to watch pippen play exactly you understand. Why ride these gear? More UPTEMPO does being re released is amazing but I love the color black and laser crimson. Yes come on with the with with a pop bubble art with the little accent. It is perfect. It felt the same way about it being released as a day I saw the original up temples being released I would. I felt like a little kid. I'm talking immediately. Wants US sort of pitching in the release date was coming out the little screen to me. That's that's your call screener. I accident she could get it for me just just out of nostalgia say no yourself now is coming out on the nineteenth of December broker right. It's GonNa Retail at one hundred the sixty which lately as of late for some of the retro shoes that is an absolute steel. Yes at one hundred sixty. I think that is is not going to last us. Stores go like that. If you're not out there on the nineteenth eulogy paying three hundred forty because you gotta you gotTa realize this. Yes in ninety six when new shoes. Dry Dill gone against the Jordan Eleventh. He wore those shoes in finals and Olympics And they broke the mold on. What a shoe should because John has such a choke hold on on a shoe gain and even still to this day? How many any shoes mimic Ole Jordan's exactly so the fact that the more UPTEMPO came out and said we're going in opposite direction? We're not going to the little Tyke. Hi Ones that are conformed around your feet. We'll go into the shoes that will support your jumping ability. And let's be honest if we're GONNA talk about the war temples being made eight Ford Athlete wouldn't. Isn't it ironic that the more temples and the Lebron's every year Lebron's are all just as comfortable and we'll talk about Scottie. Pippen was the original Lebron James that that's a great point now like to add to that those shoes of virtually indestructible each. If you're the ninety you know this is a fact. Because you've tried why you kicking rocks. Yes dragon uncover member. Everybody used to drag their feet on cost drag it across nothing breaks down. Rubber hot. Hot Towel is clean again. You could. You could kick through trains in New York back. Yeah you know it was. I loved those you could play Doh. What original plane than we're later? Exactly don't let your plate you gotta you buy those go through the the whole rushing them off you over the sink with describe you rock anytime. Commodore Scratch Gretchen the indestructible but I'm excited about them. Coming back I cannot wait. I can't wait to people that is that is going to be an actual must cop now. As a matter of fact let's go back to the currencies. Let me ask you Rocco Flop APPS ruck. You'll definitely rock rock. Only Lewis Walpole without delay. Swab are have to have the Les Schwab. Our related shoes up. I'll be honest. Our rockall without Lacewell but I will also do the one shoelace walk and we already discussed. Why now the air up temples? Moral temples with the black and Crimson Crimson would Iraq as as as as a box on on foot out the door. I would definitely rock as is as well. Those are such An iconic show you. I wouldn't WanNa change a thing on them. Even though I will be tempted to do lay swat on there but I will I will be supersensitive Super Tanta though with our color way. There's not much more you can add to that I understand but you think about this rock into like an old school Miami Heat Jersey Easy Joe do my team how you tell you what New Jersey route the red lights and I'm not talking about the Miami Heat. Two thousand three. I'm talking about Alonzo Mourning Nine hundred ninety three there That one Alternate Jersey was he. Did they had red and black one. You WanNa yeah you gotTa do it. You would absolutely have to do that if you have that Jersey and I'm talking talking about Bad Jersey while or if you have a Chicago Bulls Pippen Jersey. The Pinstripe one. You've got a delay swab just so has off it. Just because it's GonNa have the off brand with the black and red and black red absolutely. That's how you got as I rock it. They swap in special occasions but other than that Iraq as off the box out the box. I'll lace them up so we'll go to the next one now this show right here. This is a Dole. Bag Dole throwback this is like A. Hey remember this and this is even throw back to our first segment okay. This is the shooter we're going to talk about. Is there going to be releasing re-releasing Adidas Dean. Rose want yeah yes and they're gonNA be releasing it in the Forbidden City collection for the Chinese New Year. Absolutely I love the way with the reading black used the with the all black up soul and we were talking about that. This is his first throwback. Shoot this whatever. His first and few throwback shows was like all man we gotta get Dat and to be honest. I like it to play. Well first and foremost brother's been through a lot for him to cap for Adidas to come back and captured this essence of this shoot. I believe it's momentum. It is just giant because with the floral insole with the leather the roses on Salads outside Adidas for that the Derg role with the roads on his out of the cute but I hate to nitpick I hate that little top portion with little patent leather. They could they could omitted that. I think the reason they went with it was kind of a nod to the original one. Remember the original had two penalty in it and kind of a nod like hey remember Ah but I agree I agree out. Probably why put it on just a small portion of the uppers of apart and that's probably a portion that very few people are going to see on how you rock it now. The question really cops because it's coming out January twenty twenty eight instead that elite actual release date yet retail prices. Kind of not known as of yet. But would you rock it and the question is if you do rocket how would you rocket with those absolutely need some fire socks. The sox have to be straight. Repeat if you don't have heat on ankle. Sport socks they're going to be a flop that that's is true now to add to that not only. Would you have to have some fire socks Iraqi with but these are one of the rare shoes that I one hundred percents and by that you have to wear high waters is because if you're gonNA wear shorts with it is going the B. so borderline of what shorts you can wear they can't and if you're GonNa wear high waters you gotta wear special kind of Howard has got to either be jeans anti-water-downers or during those or something like that because you can't wear just regular pants with it because the shoe looks like too much of a court shoe. It is too much of a court shoe just like that. So you're going to wear it and socks. Definite here. goes the socks colors and this is going to be the ideal zeal. Socks a Saas with a rose pattern with red black and yellow in it or gold traces. That sucks right de it would really make the shoe pop because it was shown to show the red roses that will go down into the inside cushing. Then you'd be like Oh. Wow so you. He had to see the details on it. The actual red stripe across Verna Toe. That has a little gold trim in it if you had that goal trim in your socks or if you wear me Gold Chino's wit dat socks will bring out that trend but other than that I will only rock those on the court sox game game you gotta be on Sale Tale. I would only mock them on a quarter and with those those what I what I would say will create those shoes. Were actually strap onto you and become part thought of your foot. Yes and there were. You would not have to release them. You will not retire them. Europe your own point all game and you don't have to worry about that you and that Schumer sure were designed for D. Roles during the time that he was considered freaky fast. So those shows I think and especially with the neutron going on with shoes with a low top shoes that people got their shoes coming off and everything and fallen. All you are not going to have to worry about de Ros one those. I'm take that those are the ones that you wear when you go into the gym and you'd be like I you call next and say who got after me getting off the court shoes you rob. Aw I like those. So those the plane I now depend on a date now. We got to check the date. It'd be it is a bit late January or some other stuff coming out between January February whoo whoo. That's a whole `nother show on the show altogether. We're GONNA talk about that another time. So here's what here's the one thing. This is the ultimate disagreement that we have so far for the shoes. Okay this is the one that I say is I love the functionality of issue our even rotten issue out and Yass ask. It is last last year's ball courts segment had a less kick play issue of the year with the day five. But now we have a follow up to that dame six hecklers asked heckler pack. Oh they're gonNA be releasing today's sakes tell me what you think. I believe those shoes would be great for a high school team. Maybe even college but on foot and be players maybe but black and white red and white ruin wide that is a status guy. Come into the gym with a big Duffel bag sand. Look I could get these shoes for your players for a little bit of nothing. They're like one tin Dan. I just don't see it. I can't see bean for me. I can't do it I me personally I love oh I like the I like the fact that they had a little graffiti on the other side of the toe. I like the fact that it's kind of like a reminds is me of a little bit of the dame five. The Dave five in itself had such a variety to such an appeal to with like with the pain crush. I love the way that was a great encore shoe. I'll as far as when you talk about the game that you could wear with it. The black the white ones. You get Dole's with some newsprint socks or something like that. The Red and white ones youth roles with some popcorn socks or socks of shape. They had the little popcorn bag. Going is a lot of little things that you can do. As far as on horseshoe like you said even with a High School Team College Team I could see the rocket is it works absolutely now off. Quarter outside of off-court one's a yellow white. One will probably be the only one that I will wear off off court just because it's such a bright color is such a pop of a yellow is something that she could wear with a nice little sweatshirt. Throw some like eleven hand logo sweatshirt. You know things of that nature is going to be a nice little soft the brands that you wear outside. Well I'm I'm trying to be nice to today. My love him as a player but Damon in Adidas has not the district on this one. I I hate to say it Own Court like I say great for High School Girls Basketball maybe even college but maybe red the ball so flop for you major flop. I mean a rock. Jt is going to be a flop now before we go to commercial. Marshall I just want to talk about wall more rock or flop. Okay so this one that was gonNA talk about rock or flop is the a all white and dump collaborate with the university. Ray Tell me Rocco flop. How would you rocket refills? You absolutely absolutely need nothing else. But those shoes every DECI to wear your own point I would say I would rock him. Yes but and this is going to be a throwback to earlier part of segment I will rock with Oldham Odin Jersey. Hi Yo State Odor Jersey earlier segment. See we've talked about how the blazes so the reason why Odin Jersey take a look at the university red's not only. Is it a Beautiful University of color but my great undertone that it has Asu it with the off. White Orange gives the pop that is going to need us now. As far as a passage where with the great thing about the dumps is is universal. You could wear long jeans. You Wear Chino's you can even wear the likes them. Slim fit pants with any still will look right. The what's going to really pull it off and pull it together is going to be the shirt. You'RE GONNA have to have a proper shirt combo so if you're going to go with something like this red plaid shirt under it. The rocket I I would say go with a grey vest sweater or overall just a gray sports jacket. That is something that you can wear dinner day as well as where to hang out with your friends. Now if you've got the money if you J. Tucker you can even wear the game you once people don't once people see that their zip tired on on road racing. You don't need much you can go to the ninety nine cent store graph genes in the clean t shirt and your money which we have those when you feed it illuminates you died. That is absolutely true but guess what heroes the crazy part about this and this is sneaker heads of this is going to blow your mind because this coming out on the twentieth of December so five days before Christmas so ama- tell you right now. If there's somebody that you need you to cross off your list here goes the reason why I five days before Christmas dropping and dropping at retail one hundred seventy dollars. So aw anybody who's been borderline all year and she's like I don't know I get it. Guess what they get the thought. Your doc counts. Movie copy goes. I thought this year because I'm getting you got but but the shoes shoes. I mean the leather. The that shoe connex shooting itself. Would it did for sneaker heads and Indian self aw into to collapse with the hardest working. CEO in the fashion industry. Like you say just stepping out of the car you see the ZIP tie lease why so his educator about looking at. JT's a rocket for him. And it's going to be a rocket for me as well I'm gonNA stick with us. They will have more or less ticket kicking. It drew this. JT TO SNEAK GUY. We'll be right back Welcome back to less kicking drove. Does this. Jt and sneak. Nick God thank you fan so far this is our last segment. We gotta talk about everything from the ground up. So this last segment is going to be called up and Yes we're GONNA be talking about the actual outfits if we're GONNA rock him also they flopped so first. Let's talk about the Ngelo Russell with this offer that he got on here man. He was like look like when uncle I got home. It's eight nephew. Let me hold ten dollars De and don't get me wrong. I'm I'm a fan of Rockingham high water. The high waters Boorda's with the socks. But that coat that that is absolutely a WanNa coke little ripple the bottom of ripple regularly hold on his own it. All you know Russell. Uh Hey I know you say you do. You're paying now. No killing it over there in Golden State but stay away from the the next would old rubberband pants is back. But it's not a Russell Westbrook looking looking like a great value. Russell Westbrook I. I don't know what you would think this outfit. I like the jacket though I would. I wear the jacket. I ride the Hoodie. The pants I would not rock. The jacket matches the golden though. Oh sneakers is popular but those parents are hoping that yeah he probably would need to put some some sugar on his ankle to talk those pans now it because I just can't dough next next I can't I can't do this separately definitely. I must say this outfit here I would definitely is something that looks like you just coming off. You got your black pants. You got your scoff you. You know you're just getting off a flight. It looks like a very relaxed outfit appropriate. For a time I dig it. I would definitely rocket yes. I'll agree with that This is very simple. It's very clean not too many colors our absolutely rock this as well. I'm GonNa tell you the truth. That was a nice Alfred. I dig it now. This is a this was just a small mall little bit of what you're going to be getting with us right here unless ticking I'm Kojiro. Jt Sneak guy will be back after the holidays. So I want you to enjoy your holidays holidays and take a look hold on before the go. I just WanNa put you onto something. I got all holiday ready just for you take a look at this Bam holidays holidays so let me ask you. Would you rock it or did I flop the shoes so our job is sick with as we're GONNA be here next Assam OPCO drew this. JT SNEAKING GUY and we're GONNA have some opinions on things that you're going to be rocking then that you're GonNa be copying new sneaker system and beyond but for now let's take it. This is a CW in sports network presentation Yeah Yeah.
"A new scientific investigation being conducted on the International. Space Station is looking at high tech shoes manufactured in space. This is innovation now bringing you stories behind the ideas that shave our future. The International Space Station now in its twentieth year of continuous human presence provides opportunities for research. The Shoe Company Adidas is hoping to Improve Foot Comfort. Thanks to research. They are conducting in space. Adidas uses a manufacturing process that blows thousands of phone pellets into a mold to create performance mid soles. Their boost investigation looks at how multiple types of pellets behave. Behave in the molding process by looking closely at pellet motion during the process, engineers can determine which pellets will optimize shoe, performance and comfort, besides creating better insoles, results of this investigation could demonstrate the benefits of manufacturing in microgravity, contributing to an increased commercial use of the space station in the future, and what data learns will benefit variety of other industries that use foam molding as well making this research, a cushy proposition all around for innovation. Now I'm Jennifer pulley. Innovation now is produced by the National Institute of Aerospace Through collaboration with NASA.
Being Human - The EI/EQAngle!
"Greetings everyone welcome back to another episode of plan b success. If i were to ask you what does that one thing you believe is the most rewarding aspect of us humans and our lives. What would be your answer. I believe it's the ability to relate to each other be human who act human and find immense satisfaction in being of service to back in nineteen eighty. Five wayne pain introduced. The concept of emotional. Intelligence has a part of his doctoral dissertation later in nineteen ninety away and john d. mayor coined the term and described it as a form of social intelligence where you money to your own feelings and emotions as well as those of others in order to discriminate among them and used this information in guiding your thinking and subsequent actions we have all known iq our intelligence quotient for a while as a measure of intelligence but or emotional coercion can best be described as the measure of social interactions and the ability to relate. If you're someone who can show a greater conscientiousness and willingness respond to others feelings and emotions very you make them feel comfortable. You considered one with a high. He anyone with higher e. q. Is seen as more empathetic resilient and willing to give self but the benefit of adidas. This concept has picked up importance in the workplace and in the display of leadership. Their interaction among many is expected. After all you're working with and dealing with people and where people are enrolled does a need to foster teamwork and motivation. In order to allow for performance at productive highs and yes people are emotional creatures that think act and react based on how they relate with each other. A leader with a high emotional intelligence is one that is able to understand lead an ensure the success of the people he or she needs they allow the comfort within the team where each individual's emotional and social needs are being met respect. Unkindness are the cornerstones of our behavior as humans. When you've got these fiercely you'll come across as that emotionally intelligent leader and human being treat everyone with respect and kindness. Expect the same in redone. Take the time to know your people for who they truly are. What are their likes and dislikes. What are the passions and dreams for themselves and those dea to them. How can you help them reach their personal and professional goals. These are the things that make the difference in having an average team member worse as a highly productive one who's not just productive but also highly motivated and looks forward to be their best. Learn to listen. Peo- people hearing is very different from listening when you listen actively you'll catch what's left unsaid. Be a leader that allows for one or ability to be shown and is willing to work with the team members to forty five. The weak areas emphasized the relationships. You cherish with each other or everything else. The rest will fall in place as leader. Your job is to serve others and remove obstacles in their path faction hence act for others and in context of their goals and emotions yours will be automatically fulfilled. There was a time when emotions had no place in business and were seen as a show of weakness. Those days are long gone. And today your emotions are seen as a mark of health respect and willingness to go the extra mile to achieve what you seek with the changes we see in the workplace. The inclusion of new generations and diversity being more prevalent. There's a need for equality of opportunities for the zooming. Values are the most important in this sphere and that is where we are headed as one social organization. We all know that. No two people are the same and yet they can do the same job ask proficiently as each other and that proficiency doesn't just come from intellect but the ability to embrace values emotional intelligence at the same time is not just about understanding others and their emotions and values but also about self awareness and self regulation before you set out to manage relationships and exhibit empathy healthier outlook ensures better decision making planning and relationship building ensuring better execution and outcomes emotionally intelligence ensures you do not look at your people as just workers but as humans with their own set of values aspirations and motivations you understand them as wholesome persons who you can now relate to and work with her wholesome accomplishment on their part any good leader should understand that the underlying business execution can be black or white. It's the people factor and the intertwining relationships that are great and need to be mastered and venue master that. There's no storm left unturned in your path of success. Once you understand how other people thinking relate you can see what makes them tick worsest how you differ from them and you can think of ways to work together to reach common goals lead us can also set examples by being the ones who revealed their true selves in all settings. Show the troopers in you are and let others accessible and their ability to work with you as well. This is what instils trust and ensures a culture of willingness and support as a leader who exhibits their wallner abilities. That true self you can ensure the best climate possible for your organization and people we maybe it will. That's getting to be more connected and driven with technology yet. It's built to serve us and one thing that is far from being digitized. Is the human element amongst us. That is the best aspect of each one of us. cherish it and safeguarded fiercely. I hope you like that episode and are enjoying old episodes in plan b. success podcast iron grade. You go subscribe on your favourite platform. But it's any listening platform or youtube. Or wherever you listen to podcasts. Make sure you subscribe so that you enjoy content and extract from it. What serves you best would benefit you in your own life. Who's no professional business. Whatever it might be plan b dot. Life is the website where you can go in order to find any episode that you'd like to listen to three times a week. We release episodes. I being an inspiring interview. It someone who's done it been there done that and can inspire you go after what you wanna chief every monday. That's the so that gets released on then on wednesdays and fridays a topic and we talk about it in order to benefit you in your personal and professional life at the same time. If you're someone who's interested in learning more about these concepts just someone was interested in podcasting. Well go checkout landy. Success doubt inky fake dot com. That's where all the online courses are. You can learn and benefit from them. There as well was a bunch of free. Courses is a bunch of paid courses. Start with the free ones. Get to learn what you aspire to limb and if you wanted to delve deeper and you can sign up for the other ones. Thank you very much.
Beyonce signs with Adidas, Coronas owner pops 7% for quitting wine, and why Tesla fell 9%
"The. This jet this tax daily. It is Friday the fifth which rolls off the tongue, and we have whipped up the best snacks daily ever stocks rose for their six day in a row for the same reason as last couple of days doesn't stop for autographs between the United States and China and the trade talks rate catering. That's what gets that done. Now, we have three wonderful stories. We whipped up the American parent company of corona constellation brands. It's ditching it's cheap wine in favor of expensive stock rose. And it's basically, thanks to three trends, you are probably causing. And then tesla surprise surprise. The stock has no chill on critical quarterly report and Alon musk showed up physically in person to court for his tweets. Third and final story. Adidas stop. What you're doing? Sit down just signed beyond say calls a beehive of partner. Call the beehive, by the way, this means big things for the future fashion markets knackers. We have some breaking issues we want to quit. Share before the this is something to listen to Bloomberg is reporting that Amazon is making a rival to Apple's air pods. It's going to be a quipped with Alexa. And that got Nick and me thinking, it's so lane all these virtual systems, only have female voice, and makes no sense. We jumped into next I'll classic snack style. Turns out that Siri actually comes in a bunch of like, what would you call it Anglo English voices different English accent? If the Queen or the Commonwealth was involved in the country. There is a seri- voice accent for this is a gem. I can't believe all iphone owners need to know that I had no idea we're gonna play a couple of the options that you have of sleaze with these. We'll start off with British male. I'm seri- system. Idea that was happening. Sounds like a move again to Australian female Siri, you'll vitual assist you catch the gist credible. There's also Irish and South Africa. How do we not know about again, the whole Commonwealth representing the more you now now before we hit the rest of snacks daily. Listen up to this key announcement. We gotta get out the way. Hamre food is candy. They don't reflect the views family, just so get out. Out recommending any securities. It's not a research report or investment advice. Digestible business. Financial LLC member. PC four our first story corona owner constellation brands jumped seven percent yesterday. And the company was highlighting beer sales. Not wine sale beer sales jumped for constellation brands by nine percent last quarter. Not too bad. Not too bad. But we like one particular thing, they're celebrating. Incredible. We jumped into the earnings or broaden, we found this jam company highlighted their one hundred fifty million beer case mile shipped out. This is Capicik style beer celebration. Right wedge master CEO announced that one why not on the other hand. They were morning winds. It wasn't pretty wind. Sales dropped by eight percent. Now, the third leg of the stool barstool at constellation doctorate is liquor liquors doing fine. We're going to focus right now on wine and beer. And when we're talking about wine, we gotta talk about the wine sale of the century. This was like clearance dot happened Wednesday night constellation sold off its entire vineyard wine cellar portfolio of cheap wine. We're talking if you're a. Label under eleven dollars. Even if you've got a great design label, you were sold off all that. Trader Joe's stuff is gone done to shift wine at constellation is gone because that's actually a tough market right now. So it sold those winds for much less than it was it sold them for one point seven billion dollars. It was hoping to sell them for three billion dollars. But constellation is keeping high end aged very nice soft -able was stuff that you need like obscure adjectives for so three key trends here that are basically driven by our generation that caused all this dictating constellations business model the first consumers are drinking less, Nick. There will always be social pressure to drink. But there's a lot of sober curious people out there, exactly. And then trend number two when people are opting to drink their drinking, the fancier stuff, so the drinking less, but they're spending more exactly and then third and final. There is a fast growing category of non alcoholic and low calorie beverages. That's what people are interested in when they're outside. Socially? So jack. What's the takeaway for corona crushing constellation constellation is a pivot master when trends change it? Pivots fast and constellations quickly refocused from wine to beer, this company is as nimble as a cat. Okay. We just mentioned drinking less and lower calorie trend next year, corona is unveiling corona refresh ska which is the first non beer seltzer corona option. That's like if you mix together all those three trends, let it ferment sit and just turn into a new. I gotta share another gym with this knack community which Jack loved Ronan. Go Rona is pretty much if not completely gluten you wouldn't expect it Jack loves secret. Now, this means that constellation is pivoting away from wine and really focusing on beer because it's going to spend more on corona and Modell and another pivot cannabis is the big thing Coronas parent company. Constellation now owned thirty eight percent of canopy growth canvas. For our second story. Tesla just had a really bad day. And the stock fell eight percent, but it's also classic tesla. Classic tests. I oughta motive one oh one, please. Our companies have to quarterly reports in lightness. I is a few days after the quarter which was yesterday is the production report and the profit report the earnings report only comes in like a few weeks, which one's more fun without on a Sunday. I go production all the question. It's both. So we just learned late Wednesday that tesla produced seventy seven thousand cars, but only sold sixty three thousand cars last corner. A little bit of math there and we whipped out like a TI eighty three. And did it that means fourteen thousand extra cars exist that weren't sold? Like where are they? It's actually interesting where they are. We'll get to that. And we can't wait now when we looked at the numbers a little more. Here's the other interesting thing there were fewer model threes sold than the previous quarter fewer model S's fewer model Xs all tesla cars had fewer sales, which means there's probably some concerns here about demand and interest Intesa cars, and that's why stock fell by eight percent, which is really bad. But it's like kinda just another Thursday protested tesla being tesla over here. Now when we jumped into this report. Here's the interesting thing. The I sixty words were about results. It wasn't until word sixty one that they started with the excuses. So here's excuse number one the first quarter of two thousand nine. Was the first time they were selling the affordable model three to Europe and China. So it takes a lot of time to ship a car their cars can't drive there. And that's actually where those fourteen thousand cars there on ships on the way across the ocean. Now, the second key excuse here is that the government subsidy for electric cars, so making it easier and cheaper feta bind electric car just got cut in half. Yeah. So it's tougher for the third excuse tesla didn't say this at all. No. But this is a snack originally this original there's cannibalisation model three is the new cheaper car, and it's eating into sales of the more expensive car. So buyers are basically saying why am I going by an asteroid acts when I can buy this one instead and this one the model three is like just as good. So Jack, what's the takeaway for our buddy LAN and the team at tesla? Tesla stock has zero chill every quarter. Feels like the biggest quarter of Tesla's life in the most crucial thing ever. And that's because investors either hate or are completely obsessed with tesla. So. Fans, they think it'll be like the only car company of the future to ever exist and Elon Musk should run a religion. And as a genius and haters think tesla is about to run out of money. It's about to go bankrupt. And that musk is insane. Just as an example simultaneously yesterday. When this report came out musk was literally in court dealing with issues around his tweets like ego packed tweets. Each time a quarterly report like this comes out. There's a vote is musk genius. Or is he insane. And the stock reflects it. Oh and full disclosure. This is Jack and I own some tesla shares through our third and final story. It's irreplaceable. Adidas just signed beyond say as its creative partner. Yeah. This is a big sign for the future of Atlantic apparel. It's huge big deal. There was a halo cast on data shares because beyond say up one point three percent yesterday. And this is perfect timing. Because just good just last month. Adidas warned investors. They weren't thrilled to. But that two thousand nineteen sales will be lower than two thousand eighteen we got it back up for a second to talk about the first lady of everything. Beyond say launched IB park, her own active where brand with top shop British based company in two thousand sixteen. Now, if you haven't worn or seen it we're talking like twenty five dollars tanks or like three hundred dollar bodysuits. This isn't your typical athletes if you wear this at the gym, you you will get looks. They're more like walking billboards, the words Ivy and park were blasted on these we're talking like triple larged extra sized mesh jerseys. It was more about looks than performance. Exactly. It's beyond as part of a Dita's will design a little more athletic in mind with parks. Now what we thought was interesting was beyond say's quote here on the partnership. Yes. This is posted right on beyond say dot com slash Ivy park. This is the partnership of a lifetime beyond says, it puts creativity growth and social responsibility at the forefront of the biz and beyond say still owns Ivy park completely. She's not selling to a it's just a partnership now, it's time for the take. But this is like a big takeaway. Yeah. So we would suggest sitting down pulling up something nice to eat. There is a transformation from athletic two athletes in these companies, and it's shown in the endorsement Vladic retailers aren't signing athletes at the same pace, they used to be no instead, they're signing. Celebrities all goes back to riana in twenty fourteen. She signed a creative partnership with Puma, and it's just blown up since then who did Puma sign recently beyond as hell B J Z, which is kind of awkward because Puma and the Dita's are archrivals based in the same small town in Germany started by brothers who hated each other in the forties. Yes, now for wral Carly Kloss Konya beyond say, they've all signed with Adidas under armor. They've got a bunch of non athletes to you got Giselle as apparati and Dwayne Johnson. Aka the rock Nike has got to pick up its game in this is still pretty much athlete. Only Nike has a requirement that your blood pressure. Look all of. Athletic apparels clothes. It's not about performance and competition as much as it's about just looking good and brunch. It's a little less at a little more leisure. Just no longer technical apparel. Jack, one are you with the takeaways for us constellation is a pivot master chasing your drinking habit, and I'm gonna officially keep track. Every time Jack reminds us that Coronas gluten-free everyday Tesla's stock just tipped negative because the latest earnings report, and it's just another day for test. And finally Adidas is transforming and we see it in the celebrity endorse less more leisure. All right time for our snack fact of the day, Jack drops numbers net. Flex the Silicon Valley. Based tech company has one hundred thousand movies and TV shows available. If you're willing to wait for the DVD, that's way, more than the six thousand elbow for streaming. And you're probably wondering who's waiting for the DVD like a lot of people two point seven million Americans. Still subscribed to DVD service through the mountain, and we're not talking like the middle of nowhere with no internet access net. Fix claims. These are people living in the bay area and the east coast. It's a bold claim it's natural. Now, a couple of other great stories we're covering in our snacks newsletter. You gotta check snap just announce something new which badly needs a bit Mogi based game. You can plans nap in the Amazon story. Everyone was waiting on. Jeff Bezos and his wife have finalized her divorce, and he is keeping seventy five percent of their stock and voting control of her shares. You have one hundred percent love of our shares. We love you guys. Thank you for listening. Have a great weekend. We can't wait to talk to you Monday. The Robin Hood snacks podcast. You just heard reflects the opinions of only the hosts who are associated persons of robinhood, financial LLC and does not reflect the views of robinhood markets Inc or any of its subsidiaries or affiliates. The podcast is for informational purposes. Only is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also not a research report and is not intended to serve as the basis of any investment decision. Robin Hood, financial LLC, member FINRA as IPC.
Risk life, deserve Twizzler Adidas jumps on Peloton. AMC gets rich. Johnson & Johnson is Batman.
"This is nick. This is jack and this is snacks daily. It is friday real friday march. Twelve this weekend nick. I'm seriously putting together. The baby go back for the hospital. I know you're still working on the vast next april fits knackers is the day as a reminder when my wife goes into labor. Yeah we're taking a week off from the pot jack. I time this up like an acid p five hundred higher with the plan on that. I hope so because this baby is going to be a ball. Oh by the way smackers this weekend. Fourteen hundred dollar stimulus checks could be coming to you as soon as right now. Joe biden said as soon as this week this happens to be our best snack. Daily podcast yet. So jack for story. Adidas just announced five-year-plan. Yeah be more like nike and saddle up with palestine for our second story. There was a real chance. They mc movie theater company wouldn't survive this winter. Who real chance and then read. It happened but read. It saves the company for third and final story. Johnson and johnson made a pledge last year. Get this to not make any profits off of any of the covid vaccine development. It's achieved what only batman could do jack. We thought only batman ca do this from villain. Yeah to hear out story but smackers before we hit those three stories. There's a movie dropping next week with an interesting line okay. So here's the documentaries name the last blockbuster because there's actually one blockbuster video rental store still operating its in bend oregon. That's an ego and it looks like an ancient library of vhs volume. There's only one thing missing from the last blockbuster ain't gonna have that couple. That's argument i'll six jack for any prince. Junior was never in never been kissed. He was in cheese all that. Everyone's thinking but snacker. Here's the plot twist that last blockbuster. It's now an airbnb you can rent for the weekend. Quite an experience includes a pullout couch a tv and a pretty robust. Dvd klatch okay. You were shocked. You're surprised coming. Guess what here's a plot twist plot twist on the last blockbuster. The last blockbuster documentary it was produced by none other than netflix. That's right net flicks produced the last blockbuster movie and it's dropping on netflix. On monday night. Their company that caused the last blockbuster is producing a movie. Yeah jack on the last blockbuster. I'm following you jack. This is like a murderer. Writing the obituary for the past g mail adding physical now option. Let's act jack. My iphone added a camera filter. Looks like a polaroid little messed up. Let's editor three stores. Daily food is c- candy. They don't reflect the views of robinhood family. Live for mason just so recommending any securities. It's not a research report or investment advice offer or sale of a security that's next digestive business. News view financial. Llc member favors less for our first story. Adidas just announce it wants to be like nike. Jack that's who they want to be like an peleton and boy this company. They are so european. Jackie i know how european they are they're. Ceo has a letter in his name. That like doesn't even exist on english. American keyboards casper roar stead rushed. It's got this weird zero instead of an. Oh i think it's called a not on no spear in there. I think our math class had this. That's the last time. I've seen it in a math class. Now we're going to start this story with the dita's his second announcement the peleton. We thought this was more interesting. We said in december jack that under armor should try to become the official apparel provider of peleton. We're like come on. Doing the idea was right. Yeah the company was wrong. The movie was good. The actor decisions now. Adidas beat them to it. There were very few details with this partnership but apparently adidas hopes to boost sales to women through this partnership with peleton. One thing jack. And i do. They wrote the press. Release all capital letters say. They're extremely excited about. This was two sentences. That's no lower case letters and definitely written by a non english native speaker is like they hired gilbert godfrey to do their pr. That's basically what's going on down here right now. It's back up to announcement number one. Adidas wants to go direct to consumer shack adidas. It has a problem right now. It's facing problem. Nike's sales rose by nine percent. Last dita's shrank by five. I see your problem. I raise you a bigger problem. For adidas. snaky net profit margin. The amount of profit makes on every dollar was eleven percent last quarter for adidas. Adidas it was about a quarter of that okay. So why is nike more profitable getting higher sales and frankly not putting out press releases in all capital letters these days jack because they decided in two thousand seventeen to go direct to consumer tip nike actually yanked choose out of all the regional. Footwear chains that you grew up with. They decided you can only buy nike on the nike app. Nike dot com nike owned stores and select retailers. Who have like a high standard of excellence ruthless. Move jack because the mom and pop shops in your neighborhood. They'd been using a nike for years. They had to stop some if you got bootleggers down the road. That's been selling shoes since you were a kid. They probably don't have nike's now no joke. Little shoe spot on eighty. Sixth and lex now nike benefited from all this direct consumer first of all because of boosted price right because mom and pops weren't allowed to discount nike shoes nike. Did more. and then you can add to that the fact that they also got boosted profits. Say cut out the middleman and took all the profits for themselves. So adidas is looking at this little shoe situation over nike. And saying you know what we want to be like mike yeah. Four years after nike announced it adidas just announced their direct to consumer plan. Diabetes is throwing one point two billion dollars in investments into e commerce trying to w e commerce sales by twenty twenty five. So jack what's the takeaway for our buddies over at titas. It's never too late to go. Dc yes knackers dad flicks. They went direct to consumer back in two thousand seven and that's when they started streaming. That's how they did. It took disney twelve years later to get there with disney plus dead let it worked and now that has the stock at a record. High well nike went direct to consumer in two thousand seventeen four years later now. Adidas is pulling off the same now. Some brands definitely need a middleman to survive for distribution. I know you're thinking jack. I know you love and appreciate an undershirt because you get called on our podcast i do. I'm always chilean. I appreciate my dad actually gives me a three pack of white t shirts every christmas every year. I'm not judging you but hanes t shirts. They probably won't sell as many unless they're flooding iowa. Six at macy's every quarter my dad if he knew how to download nap would download the hanes abic ted but i don't think others now. Adidas is a strong global brand they sponsor like one hundred twenty percent of all the soccer teams out there. If the brand is already a destination like adidas. then it's never too late to go direct to consumer for our second story we're one year into the pandemic and johnson and johnson has given the entire pharmaceutical industry with jack and are calling wait for it the batman comeback. This is the batman comeback one year ago pre covid only twenty one percent of americans saw the pharmaceutical industry with favorable. Not pretty when we worked at banks. Jack honestly was the finance industry. Ten years ago not liked not a fan people. In terms of no favorability you got banks tobacco industry and pharmaceuticals says a not fun table for a lot of people. But can we go back to two thousand sixteen jack what was going on with the pharmaceutical industry in two thousand sixteen. A driver of that unfavorability was the infamous merck from the farmer brow. Who acquired a lifesaving drug and then jacked up the price by five thousand percent. Okay so kind of obnoxious. Move over there. That was twenty in two thousand seventeen things improved for pharmaceuticals jack while the epi pen which also saves lives the company behind. It increased the price twelve times. In six years also kind of obnoxious thing to happen twenty eight things like happier brighter nicer for pharmaceuticals we finally got some disruption to this industry from farahnaz. Very cool. tell me more. They raised seven hundred million dollars. A vc capital also exciting. Tell me more on a foundation of lies. Elizabeth founder was indicted. Okay twenty nineteen. I things guy have got to turn around for pharmaceuticals jack well. Purdue pharmaceutical declared bankruptcy because they were and like proven to have fueled the opioid crisis in. America nobody'll five billion dollars in lawsuits. And then right before the pandemic the house passes the lower drugs costs. Now act whose name says exactly what it wanted to accomplish. It makes a lot of sense consumer were hating the pharmaceutical industry. Yes they were so politicians who represented them did to yes and so they tried to pass regulation that would lower prices ipso facto. I think that's all technically the transit of property. It was a democratic bill. Elijah cummings but even republican donald trump supported it to. It's all just like how gotham and gotham. Mayor and gossips. Police department hated on batman as a vigilante at the start of the third movie. Jack by partisan yet consensus hate from america on the pharmaceutical industry like batman face. But now here we are a year later we got three vaccines. An american pharmaceuticals have become the batman hero for the world. And here's a big reason. What and a wild reason. Johnson and johnson refuses to make a profit off. Their single dose vaccine is back in march justice the vaccine development johnson and johnson pledged to price their vaccine in their words on a not for profit basis. We were like you mean a for profit basis. That's a typo. Some intern is gonna lose this internship. That's a big typo now news this week the. Us government just bought another hundred million doses from johnson. Johnson and now johnson johnson is on track to make a billion doses this year for ten dollars each and they're just going to break even on all that knacker's we repeat the johnson and johnson vaccine which is kind of awesome only requires one dose. It's ten dollars each. That's the price they chose. This is just like. Bruce wayne pain for the batmobile in all the batman equipment out of his own pockets and that move by johnson and johnson to not make profits it. Set the tone for the pricing that madeira and had to pick for their vaccine. And that's why no one's reading the headlines like pharmaceutical company charging exorbitant prices for a co vaccine. So jack what's the takeaway for our buddies over johnson and johnson there's corporate value in being a hero. It's called the brand halo. all right. so recap here snappers. Johnson johnson is giving away this vaccine as a public good which is amazing. There is historic precedent. The polio vaccine that was given away by jonas salk for free. The jonathan jackson isn't jonas salk and they're not unisex so what are they doing. We think they lack of direct prophets. Johnson and johnson is making them. The vaccine could boost other indirect profits from the rest of the company. And we haven't seen the data yet. On how americans see the pharmaceutical industry today compared to last year. But we're pretty sure there's a lot less. Hey a lot. More appreciation because the vaccines are letting things returned to normal americans hate pharmaceuticals less than politicians would care less and then regulators are probably going to focus less on pharmaceutical company. Johnson and johnson didn't focus on profit and that move gave the whole pharmaceutical industry. A brand halo four. Our third and final story jack. I'm checking my calendar here. I don't know what's going on. Amc theaters was supposed to run out of cash at thanksgiving like thanksgiving last year a few months ago. What have bankrupt saved by reddit. By roger so counter isn't gonna give us the answer and the snacks. Jack jumped in snack style to amc theaters fourth quarter earnings. Where what did they announce jack reminder. This is a movie theater company reporting earnings about the winter of covid nineteen. It almost feels like and the story here. I don't know. Do we like to even go on the bad numbers you wanna show the bad numbers with. Everyone unsurprising eighty eight percent drop in revenues that for many companies now they lost almost a billion dollars in just three months. There were however some fun numbers. Like i didn't realize movie theater earnings reports were so cool. Honestly this is why. I love doing this poverty i know. Isn't it apparently snacks if you did go to the movie theaters over the holidays you eight more than usual. Yeah see theaters. They saw ninety percent last food but they sold more food per person risk life. Yes deserve twizzlers. The equation people did. Oh by the way ticket. Prices went up to like nine dollars and ninety six cents a ticket. It's up from last year. But way down from manhattan. I honestly think it's like forty dollars and you had to like auction off your finger if you wanted to get. Don't forget the three dollars or asian always that now. Amc stock it is like still half of what it was a year and a half ago because of this huge short-term issue which is covid nineteen which is obviously crushing movie theater. That's like the main obvious one but second one is longer term and his existential. Hollywood seems to be quitting theaters. Trolls world tour. That could have killed the seventy five day exclusive movie theater window. That theaters rely on so like you add up those two big short-term and long-term reasons in june. Amc made an announcement that was kind of scary. They implied that the only had enough cash to survive until thanksgiving. If something major didn't happen by then they could be out of money. But here's what fascinated jack and me about. Amc they got a weird situation with cash. They have more cash now than they did. A year ago there were supposed to be burning through their cash. two zero. Yeah but they gained cash instead during the cove winter. So what's the takeaway for our buddies who apparently have all this cash over at amc. Big players make big plays in big games. Oh yeah look at amc stock. It's like plummeted doric lows but then there's this random three day spike in january. It wasn't random at all i want. It was read it yet. Wall street beds and meam stops. That exploded the stock price if so facto. Amc theaters got saved by. Read it right around the time of the game. Stop stockpile and nick and i can see it in the statement of cash flows. Yeah we can't. Three hundred and five million dollars was raised by c on january. Twenty seventh at the peak of the meme craze. They basically had a banker on speed. Dial here's what happened. Amc saw probably with astonishment that their stock price was exploding higher and they really quickly called. Investment banks told them to create new amc stock and sell it to the market at a really high price and that brought in money. That warded off this bankruptcy. That was supposed to happen over the whole year in twenty twenty. Amc raised more cash from newstalk issuance. Like that then it lost from operations ipso facto more cash today than a year ago and for companies who are on the brink cash is king. Cash is like critical. Amc raised a bunch of it. Thanks to read it jack. Kenya whip up the takeaways force before the weekend. Adidas wants to go direct to consumer like nike with brand like adidas. It's never too late to direct consumer. Don't let anyone tell you. otherwise story. Johnson and johnson said no to prophets for the vaccine being a corporate batman leads to profits and other ways for third and final story. Amc sold three hundred five million of stock during a moment when it stock was incredibly high. Big players make big plays in big games. Baby spoken like a true Acts athlete diver. I snapped back today. This tweeted in by tara. Savage from a lovely providence rhode island loved the east side pockets. Ninety five percent of avocados grown in the state of california are haas avocados. But the name haas. That comes from the mailman who patented which. We didn't know you could do haas avocados. He pivoted from postal work to avocado. Where did is rudolf hoss. And he actually bought the things from a farmer back in nineteen twenty six and then get this he. Didn't you could patent food. But he patented that seedling. Avocado in the year. Nineteen thirty five. And then get this. The original highest tree stood and bore fruit for nearly seventy years. In la. Habra heights california. I'd love to know who has like a would hardwood countertop from that haas avocado tree it. Better be the haas family snacker. We loved being with you this week. You look fantastic. Have a really good weekend. Quick shadow to the snacks clubs on twitter and instagram. By the way. It's a fantastic group. Because i we've got robin snacks review which whips up take takeaways every day. Then it's the snacks fans which like finds the most fabulous gifts. I've ever seen for every story we do. And then ted will from the best clips yet makes the audio grams of snacks and he just does. It's incredible they're fantastic. You put it work every day by honestly you're the best ones yet. Everyone followed those people today not necessarily have a great weekend. We'll see can't wait. And before we go stack. Happy birthday to ron marks. In lovely this california and maca is on a yuji in dc and matt williams in melbourne florida and mike mcdonald in birmingham alabama and asked mcdonald taken. The cfp exam today probably related to my happy birthday to mark asada inch cock edged vince ueli atlanta and cuyler in somerville massachusetts and katie in boulder colorado and andrew nelson spirit lake iowa and. Happy birthday john dewey in breckenridge colorado congrats to fill macauley. Who just got a new job in mississippi. Lola congrats beauty business. It is back open in union city new jersey. That is terrific. News in congratulations to iman lindsey who liked my wife is in her third. Try to us a pick of the bassinet. Honestly we actually want to see the bill and tell us how to spell it and the instructions. This is jack. I own stock of both fox pilot on this. Is jack and i watch netflix. From my ballot. Don the robin hood snacks podcast. You just heard reflects the opinions of only the hosts who are associated persons of robinhood financial llc and does not reflect the views of robinhood markets inc or any of its subsidiaries or affiliates. The podcast is for informational purposes. Only and is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also not a research report and is not intended to serve as the basis of any investment decision robinhood financial llc member finra sipc.
"You're closed shouldn't just reflect your style. They should fit your lifestyle to calls understands that that's why they offer an amazing selection of products in national brands. That don't make you choose. Between fashion and functions style and comfort work and workout like nike under armour adidas champion plus kohl's new exclusive at leisure brand flex balancing smart relevant style with functional performance and comfort calls designed to give you the look you want for the life you lead all at the value love so checkout kohls dot com. Everybody on bobby flay. And i'm here with my daughter and co host sophie. Hello we're here to announce that we have a brand new podcast with iheartradio called always hungry all right so we tell everybody what they're gonna hear on always hungry. Well we're definitely going to be cooking and you'll be mixing drinks. Of course yes but most importantly will be having those conversations at the stove and the dinner table. That families love to have listened to always hungry on the iheartradio app apple podcasts. Or ever you get your podcasts. While a lot of people are out there looking for the one there are apparently plenty of people who don't think monogamy is for them even if they're married and while some people would never be satisfied with an open relationship that allows them in their partner to sleep with other people. A brand new poll finds that there are a lot of people who are curious about them. A new yougov poll of more than twenty three thousand americans. Find the twenty. Six percent of americans are interested in having an open relationship while sixty eight percent are absolutely not interested. So here's the question for you guys. Have you ever been in an open relationship. That didn't work out or do you want to be in an open relationship. Maybe he'll married. We know and hail hail no not being ino- damn open my wife chill man get out. You know i've just got leader. I'm going over don nails. That'd be back on the. I have trouble making it work with one married. That's been in an open relationship before ain't nobody knowing off opened relate. I used to be why i don't. I was the only one here that information when the party found out. What what live with do it would. How cool what fall in. Yeah if you want to be an open relationship so that's always my question. what is what. Why get married if you wanna be in an open relationship. I didn't you just tell them. I'm there but i'm still somewhat relationship but i don't even understand at all why would you. Why are you saying bows be on our set. Married couples are in open relationship. So they are. Yeah i mean why even get married if you want to be in an open related. I don't know anybody that has an open relationship. That's going to last and off several people talking about it. But if that's what you have then if that's the type of marriage in his can work for you didn't go ahead and do i don't care who you are but you know but you know like we were talking about. My interview was trending the other day about mail yet and You know once again. It's my opinion and you're free to have your opinion you want but this open relationship i go back to that example i can cow thought about it over and over if you're in a committed relationship and you have a female friend in your man and you in bad at two o'clock in the morning and your free quote unquote girl who you say. Show free 'cause you a to mourn and says she has a flat time out on the road and you get up. Our show pad entail yo committed partner. The children relationship with you in a bid put some clothes on to go change tire of a woman. That's just free pool lane next to you is going for that song. Caller no no not. i mean. we'll both go. She needs to know. Say we both go. Oh that's really not going to have. I'd say was shirley saying with you. Wanna leave me right here and she got it fixed. Bay aaa aaa emergency rosada. Because a woman to know why she got to call you. Yeah why are you to go to 'cause you're my friend mike. Yeah we'll have more of today's trending stories. On the steve harvey morning show at twenty minutes. After right after this. You're listening to morning show. You're a small business owner growing your businesses. What it's all about that is if you have the space to do it. Keep smart self. Storage has the solution with a variety of storage unit sizes helpful online resources and easy to access facilities cube. Smart self storage provides a self storage experience that puts the focus on you. Because you and your business matter most and to help you grow cube. Smart is offering up to twenty five percent off your monthly rent. Say goodbye to crowded inventory. And hello to your business. Success story with qb smart self storage disa- cube smart dot com for more information mattress. Warehouse knows that buying a mattress can be tough with so many choices. Where do you start introducing bed match a patented diagnostic system. That determines your pressure points and recommends the mattresses that are fast for your individual sleep needs and it's found only at mattress warehouse come. Tried bed match at a mattress warehouse near you visit. Sleep happens dot com for locations and get free next day delivery on select purchases house peppers dot com.
High Tech Shoes in Space
"A new scientific investigation being conducted on the International Space Station is looking at high tech shoes manufactured in space this is innovation now bringing you stories behind the ideas that shape our future. The International Space Station now in its twentieth year of continuous human presence provides opportunities for research. The Shoe Company. Adidas is hoping to Improve Foot Comfort. Thanks to research. They are conducting in space. Adidas uses a manufacturing process that blows thousands of phone pellets into a mold to create performance mid soles. Their boost investigation looks at how multiple types of pellets behave in the molding process by looking closely at pellet motion during the process engineers can determine which pellets will optimize shoe performance and comfort besides creating better insoles results of this investigation could demonstrate the benefits of manufacturing in microgravity contributing to an increased commercial use of the space station in the future and what data learns will benefit variety of other industries. That use foam molding as well making this research a cushy proposition all around for innovation now. I'm Jennifer. Pulley innovation now is produced by the National Institute of Aerospace Through collaboration with NASA.
Holidays Week Night Kids Choice (3-24-2020)
"Welcome back it's time for more. Chompers your twice-daily tooth brushing show start brushing on the top of your mouth on one side and brush all the way around each tooth. It's Holidays Week. And tonight we have more reasons to celebrate because we have more of the awesome holidays you guys sent into us like a holiday for playing and chill lapsing and she would call it. Play Day Sunbeam. Wants to have a gymnastics day when everyone would do gymnastics while moving around. Free Okay. Someday I will start working right now. Switzer rushing to the other side of the top of your mouth all the to the molars. Back Amenas holiday would be Nature Day Amina says on that day. Everybody has to be kind to nature. Nadine wants to remember pets that have passed away with a day of the dead for pets and Marissa's holiday. It's space day. Adidas celebrate the Planets Stars and our Moon Mercer hopes to travel to the moon someday when she's an astronaut Marissa. We think your idea is out of this world Switch rushing to the bottom of your mouth Amboseli. Outside and chewing side of each tooth Danielle would create a holiday called bubble times day. Day is a day for blowing lots of bubbles with the ones you love. Devon's holiday idea. It's pretty simple. It's called Happy Day. A holiday to celebrate her great-grandma and she would call it joy day. Maybe Cecil and Devin could combine their holidays because the idea of joy day is making me pretty happy. Switch you're rushing to the other side of the bottom of your mouth. Your tongue brush to this holiday idea is roll over daddy day a day when you can roll your daddy around evoke. Maybe we could make it rollover everyone day because getting rolled around sounds like a lot of fun and last but not least. Ezekiel's idea is international sleeping day. I'm really a practice for international sleeping day because beat. That's chompers today. We hope you dream up even more awesome holidays tonight until next time. Chompers production of Gimblett media.
Holidays Week Night Kids Choice (3-23-2021)
"Welcome back it's time for more. Chompers your twice-daily tooth brushing show start brushing on the top of your mouth on one side and brush all the way around each tooth. It's holidays week. And tonight we have more reasons to celebrate because we have more of the awesome holidays you guys sent into us like a holiday for playing and relaxing and she would call it. Play day some be wants to have a gymnastics day when everyone would do gymnastics while moving around free okay. Someday i will start working right now. Switzer rushing to the other side of the top of your mouth all the way to the molars. Back amenas holiday would be nature day amina says on that day. Everybody has to be kind to nature. Nadine wants to remember pets that have passed away with a day of the dead for pets and marissa's holiday. It's space day. Adidas celebrate the planets stars and our moon mercer hopes to travel to the moon someday when she's an astronaut marissa. We think your idea is out of this world Switch rushing to the bottom of your mouth and brush lee outside and chewing side of each tooth. Danielle would create a holiday called bubble times day. Day is a day for blowing lots of bubbles with the ones. You love devon's holiday idea. It's pretty simple. It's called happy day. A holiday to celebrate her great-grandma and she would call it joy day. Maybe cecil and devin could combine their holidays because the idea of joy day is making me pretty happy. Switch you're rushing to the other side of the bottom of your mouth. Your tongue brush to this holiday idea is roll over daddy day a day when you can roll your daddy around evoke. Maybe we could make it rollover everyone day because getting rolled around sounds like a lot of fun and last but not least ezekiel's idea is international sleeping day. I'm really a practice for international sleeping day. Because that's chompers today. We hope you dream up even more awesome holidays tonight until next time. Thanks to our sponsor. Cheerios hey grownups with a happy heart powered by honey nut cheerios. You'll have the positivity needed to be good do good and spread good beyond the breakfast table and into the day ahead cheerios. Good starts with happy. Chompers is a production of gimblett media.
Trending Mother's Day News
"You're closed shouldn't just reflect your style. They should fit your lifestyle to calls understands that. That's why they an amazing selection of products in national brands. That don't make you choose. Between fashion and functions style and comfort work and workout like nike armor adidas champion plus kohl's new exclusive at leisure brand flex balancing smart relevant style with functional performance and comfort calls designed to give you the look. You want for the life you lead all at the value you'll love so checkout kohls dot com malcolm grandma here. I'm excited to tell you about smart talks with. Ibm a show. I'm doing about what it means to look at. Today's most challenging problems in a new way in over a dozen episodes. All interview thought leaders and industry innovators and together. We'll discuss how they're creating smarter solutions to global issues. This podcast will explore cutting edge. Innovations and how they've grown out of pivotal collaborations between ibm and other leading companies in every industry. Look out for new episodes of smart talks with. Ibm have trending mother's day news. It is this sunday by the way so in addition to getting mom beautiful flowers from our good friends at one eight hundred flowers. A brand new survey is out saying that especially after the stress of last year with the pandemic and everything. Another great gift to get mom would be a night of uninterrupted sleep. Okay just sleep. Sixty four sixty four percent of the moms surveyed said that they would feel like a better parent if they could just get better sleep at night. I mean they're working from home. Their home schooling their kids. May you know yeah i. it's just a lot. It's a lot and they just want to a good night's sleep uninterrupted day. Present somewhere opening the door. Damn do not to to ask me sleep. 'cause i'm sleepy damning okay. Dad's step up day. Yeah we dad's gotta stay. Tell i need your help. Sat out to all the moms holding. Yes yes yes. The sunday is mother's day for sure day. Yeah wow what do you think steve. Oh happy mother's day all right. We'll have more of the morning show coming up at thirty three minutes after the hour right after this. You're listening to morning. Show the red hot market for cannabis and cbd stocks is accelerating text hash four zero six nine. One research shows that further legalization and the cannabis could create massive multibillion dollar opportunities over the next few years text hash two four zero six nine one. If you've been watching this sector then you know that. Major retailers and vertical industries are jumping on the bandwagon for cannabis market developments as legalisation continues across north america. Get the latest research on the cannabis sector with your free report when you text the word hash till four zero six nine one cannabis companies and the products and technology behind them could be worth billions in the coming years. Find out which companies are leading the charge with your free research report when you text the word hash. Four zero six nine one taxed hash two four zero six nine one. Get the latest research on the cannabis sector with your free report. When you text the word hashtag four zero six nine one lifetime movie club your home for new and classic lifetime movie exclusive premieres and so much more sign up for an extended one month free trial in watch anytime anywhere. See what it took for. Music legends to become icons including powerful women. Like the clark sisters. Do easy in this house. Excellent whitney the greatest voice if you generation and toni braxton to start your extended one month free trial is it. Lifetime movie club dot com slash iheart.
ICYMI: President Donald Trump (J-L Cauvin) calls into Quick News Daily
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Wall Street Breakfast December 17: Powell's Dovish Stance Assures Investors
"Merrill self-directed gives you more than just free online stock. Etf option trades. You'll get access to research and insights from top global mines along with powerful trading platform and best trade execution is our number one priority because merrill does not accept payment for order flow start trading with merrill lynch self-directed today investigate securities involves risks products and services are offered by merrill lynch pierce fenner and smith incorporated a registered broker-dealer member. Sipc other fees may apply. Welcome to ski. Alpha's wall street breakfast. Your daily source of market news and analysis. Subscribe to this. Podcast on apple podcasts. Google podcasts spotify. Stitcher good morning. Today is thursday december seventeenth. And i'm your host. Steve brown our top stories today powell's dovish stance assures investors. Us futures advance with stimulus hopes. And it's down to the final details for congress's virus relief plan leading. Today's news the outlook for the economy remains extraordinarily uncertain. Fed reserve chairman. Jerome powell said during his press conference after the fed kept the federal funds rate near zero. Still he assured investors that the central bank has the flexibility to provide more accommodation and remains open to increasing the amount of asset purchases or buying securities with longer term maturities in the future. The fed expects the economy should perform strongly in age to twenty one due to the vaccines being distributed. Now for the time being he sees more fiscal support is needed. The market responded to powell's reassurances with the s and p five hundred reaching session highs on wednesday in other news futures for the three major us stock averages point to gains at the open as congress haggles over virus relief deal and stocks in europe rise with the prospect of vaccines being distributed by the end of the year nasdaq futures gained point five percent s and p futures rise point two percent and dow futures. Move up point five percent. The stoxx europe six hundred rises point four percent. Bitcoin surges past twenty two thousand building on wednesdays. Push above twenty thousand in asia. Hong kong's hang seng index closed up point eight percent. Japan's nikkei three hundred rose point five percent and the shanghai composite index advanced one point one percent. Congressional leaders are still trying to hash out details on almost nine hundred million dollar coronavirus relief plan. That could be unveiled as soon as thursday. The draft proposal includes six hundred dollars in direct payments to individuals. Three hundred dollars per week an extra unemployment insurance payments and around seventeen billion for airlines and more aid for small businesses. it doesn't include aid for state and local governments or lawsuit liability protection. The two issues that have kept republicans and democrats at an impasse for months. Amazon warehouse workers in alabama. Who want to unionize. We'll be allowed to vote on the matter. The national labor relations board said last month retail wholesale and department store union filed paperwork for an election that would represent fifteen hundred warehouse workers in bessemer alabama amazon though said in its documents filed with the nfl. Rb that the action would actually represent more than five thousand seven hundred employees which means the union likely had fewer than thirty percent of the workers signatures needed for the regulator to oversee the election. The no rb disagreed saying it was administratively satisfied that the threshold was met if the workers vote in favor of the union bessemer would be the first us-based amazon facility with a union adidas plans to invest again in brick and mortar stores even after seeing a booming e-commerce sales during the pandemic and stay at home trends work in its favor. There's no doubt that online has accelerated two to three years into the future. But i actually think if you ask most people there's a big social element about going out and shopping and just seeing and feeling the products again stated. Ceo casper worsted in a cnbc interview. The german company plans to announce connects march details on where it will add stores at how many there are some hints that the stores could be aligned closely with the ecommerce business. Adidas is coming off a fifty one percent increase in online sales in q. Three and a ninety three percent pop in q two for further year. Adidas forecast churning up to four point nine billion of online sales bark box. A startup offering a monthly subscription for dogs will go public the merger with special purpose acquisition company northern star acquisitions core the wall street journal reports. The deal is valued at one point. Six billion including debt and northern star is expected to raise four hundred fifty. four million. The move is not only the latest in the pet world where pandemic spending on pets has led to recent success for petco returning to public markets and for chewy but also the latest s. Pack deal in the busiest year for verger vehicle yet as six twenty. Am today us. Futures crude oil golden. Bitcoin are all set to open in the green. On today's economic calendar initial jobless claims her out at eight thirty a. m. eastern time. If you enjoyed today's podcast please be sure to rate and review it blow. Your feedback is deeply appreciated. That includes today's wall street breakfast. Thank you for listening. For the best. Investment analysis and news on the web out the dot com. Subscribe to this podcast on apple. Podcasts google podcasts. Spotify stitcher can sign up for other podcasts behind the idea threat. Refugees let's hope. Ups cannibus investing podcast and marketplace roundtable. Almost five phones as well have a great day maryland. Self-directed gives you more than just free online stock. Etf option trades. You'll get access to research and insights from top global minds along with powerful trading platform and best rate execution is our number one priority because merrill does not accept payment for order flow start trading with merrill lynch self-directed today investing in securities involves risks products and services are offered by merrill lynch pierce fenner and smith incorporated a registered broker dealer member. Sipc other fees may apply.
09/24: The NCAA comes hard after Kansas and Bill Self -- and Self is ready to fight back. Here's what to expect
"Hey there it's scary. Tuesday September Timber Twenty four two thousand nineteen welcome back to the CBS sports eye on college basketball podcast. We sometimes discuss camel fighting leak. Black Matt Norlander is here with me in the big news from Monday. Come from the Institute of which has charged Kansas with lack of institutional control Antarctic Kansas coach bill self with head coach responsibility violations. Malaysian ended up facing multiple level. One violations in the school has already made it clear that it plans to fight fight fight but undeniably the Jayhawks they they got a real fight on their hands here in simple terms. The incident has labeled Adidas Rip. TJ Gas nola moral code and Jim gadoe and this is not a surprise by the way the label them as representatives of athletics interest and alleged that they worked hand in hand with Bill Sta Bil self in a staff to commit level title one violations most notably in the recruitment of Billy Preston and Silvio to Susa Meantime Kansas appears prepared to basically argue that whatever adidas officials were doing they were doing on their own and without the knowledge of bill self or his staff and they're going to hammer home the fact that Tj Gas Nola one of the Adidas Adidas RABS testified under oath in federal court that bill self knew nothing but the incident play is essentially saying with this notice of allegations that teaching S. Nola lied under oath intimate is saying you knew what he gas. Nola was doing not only that you encourage him to do it so more or less. That's the case. That's what Kansas is up against Norrland. Let's start with this. Let me ask you. How bad is this for Kansas. How bad this bill self for Kansas I think it's pretty bad for self arguing nearly as bad maybe even more so because let's face it. When you've got a case like this an investigation like this forthcoming punishments it sticks to the coach more than it does the school perish. How surprised were you and to bring listeners in here? When when self statement came out we were actually on the phone talking so actually right sell self statement to you as it was released shortly before the game on Monday night actually the timing on that Kansas Hansen similarly. How surprised were you at the length the tone the language everything that bill self op to include obviously with his university signing off on it in going essentially full out attack mode on the light? I was surprised by the link surprised by the tone surprised by the words. I mean you and I both know bill for a long time. Those aren't his worst used the word hey would he I I I'm not saying he doesn't know the word hasn't used it. It's just I was surprised by some of the language there. It didn't sound like bill. That's all I'll say I'm sure he signed off on it. I'm sure it is a reflection of his thoughts but those weren't his words word he and write it. I I guess is what I would say and perhaps something as serious as you wouldn't have your basketball coach writing it without the assistance of somebody in public relations. listen what we've learned in recent years. Is that the best thing you can do. The the the thing people used to say is listen if they gotcha cooperate and then they'll go light on yeah and and yet that doesn't seem to be what the big powerful blue bloods do. We admit nothing and we'll fight you till the end. It is what North Carolina did successfully and it appears that it's it's now what Kansas is going to try to do now. The issues that North Carolina in these cases are very very very different so let's not get them confused the fact that North Carolina fault it one has nothing to do with whether Kansas is going to be able to fight and win but to answer your question in simple terms. I'm I'm not surprised is that Kansas is going to try to fight and that bill is going to try to rely on plausible deniability because the point that Kansas has made aide in a statement that I believe Kansas will will continue to use as a major talking point is this NC Keble. You're alleging that Adidas wraps. Did all of this stuff not that bill self was out there paying. Billy Preston or bill self was out there paying Silvio Desouza or that anybody on our staff was doing those things you've alleged that the Dita's reps were doing these things and we had an adidas rep under oath in Federal Court in Lower Manhattan who testified that Bill Self and his staff did not know what the Adidas Reps were doing unless you're insisting that Tj Gas Nola lied under oath then you have to believe that our coaching staff was not aware if you want to argue they should have been make that argument but you cannot make the argument that our coaching staff is is is what was aware of what the Adidas Reps were doing that. That's going to be the talking point. That's going to be the argument or at least one of the arguments but again like I said at the time the NCWA is essentially saying we we believe that Tj Czestochowa lied under oath which is a pretty remarkable development yeah without a doubt and also that Tj Gas Nola was willing to the share certain opinions states of affairs with bill self over text messages that were divulged in federal court that will not help Kansas or pill selves case this will come down to interpretation it will come down to Kansas's representatives and bill self arguing that that would he replied to in Gas Melissa says and I'm paraphrasing here but when he basically says it's Kansas and bill self everyone else fall in line and bill self is responding about gotta they get some guys and this comes on the heels of Kansas linking up with Adidas et. Cetera et Cetera there was communication back and forth between self and Gas Nola Sola Gastineau by the way dodged prison time recently he will be on supervised release. He is getting that because he was very much so an important cooperating witness for the government a couple of quick things here. GPA and I'll throw it back to you. At first I was surprised by bill selves tone and then I remembered I remembered when Silvio Desouza was initially ruled out for two years and this is what bill self said at the time this was back in February Silvio. Desouza has since obviously been amend the punishment. He sat out all of last season he will play this upcoming season. Bill Self said in my thirty plus years of College College of Coaching College basketball I have never witnessed such a mean spirited and vindictive punishment against the young man who did nothing wrong to take away his opportunity to play College Basketball Escobar shameful and a failure of the Aa you rarely see coaches react like that and that's to the Silvio desouza punishment from seven eight months ago. Now you have this and self is digging in big time to me the parish the statement reflects that self health his attorneys people within Kansas new something. This drastic was probably going to come down. I know they were. I know the university she was anticipating a notice of allegations at some point here in September and now we finally received it but this is setting up for a fascinating battle because of Ah Kansas has ninety days to respond. I think it's GonNa take most if not all of those ninety days to extend the calendar right then the NWF sixty days to respond to Kansas response and from there it will go to the committee on infractions who will review the case bill self the Ad Chancellor and others will go and meet with the Committee on infractions and whatever is punished by the committee on infractions. I don't think we'll know that till probably right near the end or after that season perish and then obviously Kansas will appeal and then if it loses out appeal well. I think there could be a real chance here if bill self received significant punishment. I'm talking half a year a year's worth of suspension postseason ban. Dan Obviously the two thousand eighteen final four is is clearly in jeopardy if Kansas bill self feel as though they have real will president to take to legal matters outside of the answer. I don't think that's impossible and what we have here even though NC state was the first school perish what we have have here is the start of what could be years and years worth of US discussing writing about this because the instability knows does it up against it. It's got to punish these schools. It Salva came up in federal court gas nola provided so much ammo for the AA while at the same time trying to help the government government prove that Kansas was a victim. It's fascinating juxtaposition and so I don't I we are way down the road with this parish but I don't necessarily believe that these cases the school by school will be resolved within the confines of the Instant Double A. If you tell me that multiple schools will end up trying to litigate negate against Hinson overlay. It wouldn't be a surprise but but that'll be some ways down the road well listen. I don't think there's any doubt I guess I shouldn't say there's no doubt like zero percent but I I'd be shocked if Keynes's doesn't have to vacate the two thousand eighteen final four. I mean you know Silvio. desouza was a part of that team. He played in those games. He's amateur status was compromised two bills point no fault of his own. I A- soon soon but you know we talked about this before. IF YOU'RE NOT GONNA hold the people around you know prospects Aquino so you know if you're not gonNA hold a prospect accountable for the people around him will then. You've got a major loophole in in the system in other words. You know what what bill self would argue is that Silvio Desouza did nothing wrong and had no idea that his guardian accepted money from an Adidas representative negative. So why on Earth. Are you punishing Silvio Desouza well if you don't punish Silvio for that will then that that the playbook going forward like every guardian or father author or mother or uncle or aunt or a you coach or high school coach or anybody else can take whatever they want in violation of NCWA the rules and no two things a we're probably not going to get called but but but be if we do get caught I just got to insist insist that I did this and the student athlete knew nothing about it and then the student athlete will be fine well. You can't have a system in place like that to be clear not to go back over subjects that we've discussed at linked on this podcast but I think the world should fundamentally be changed to allow student athletes to accept their fair market value. Whatever ever that is but given that these are the roles you have to follow them and given that these are the rules student athletes have to be held accountable for the people around down in so Silvio Desouza it falls directly under that umbrella his Guardian again basically all parties acknowledge edge accepted money from Adidas Rep and whether or not that is what led to Silvio Sousa enrolling Kansas is up for debate. I know that People Kansas aside. We'll tell you that Sylvia was going to go to Kansas no matter what that the money. TJ Gas Nola gave his Guardian had nothing to do with him enrolling at at Ku the counter argument to that is rooted in common sense if you didn't have to pay Silvio to Susan's guardian getting to go to Kansas. Why did you pay him like. Why did you give him money. Eh what is the what what's the. WH- what do you gain from from providing him with implements will benefit unless you needed to provide him with impermissible benefits to to secure what it is. You're trying to secure but that can be a conversation for another day back to the initial point. You know you gotTa Hold Silvio Desouza accountable for his guardians actions that means you gotTa Hold Kansas Accountable for playing in ineligible player that final four is going to be vacated. Those winds are going to be vacated that big twelve championship. I assume also will be vacated. The bigger question becomes what happens going forward. What are they looking at. In terms of probation. What are they looking looking at in terms of recruiting restrictions collars scholarship reductions and and this is really the big one this is what would remember all those years later what are are they looking at as it pertains to their head coach because bill self is. I believe one of five active hall of fame coaches in College basketball right now and he has been accused of some pretty heavy stuff and in the way it can put a show because on him the NCAA Kim suspend him for it in a not insignificant amount of time. If you are charged with the level one violation and bill has been charged with a level one violation. You're at risk of suspension of up to a year based on one level one violation so to me the big question. Shen becomes not what it does to K- US past. What does it do to bill selves reputation? What does it do to bill sales future as this. Is the mark on selves reputation. You're not going to be able to put all the toothpaste back in the tube here and there's let's come on. I mean there's there's no way that Kansas and self alf aren't significantly hit with sanctions going forward the first of many I'll also I'll point out that when I was in court when gas was under oath he he testified to paying the families of Billy Preston Silvio Susa Dennis Smith Junior. NC state already Deandra Eytan and Brian Bowen junior so that's just the start guests. Nola is a key figure in the double as case here against Kansas Kansas and it is so fascinating to me that the government used guests Nola to help pay Kansas as a victim to which Kansas then and said you see where the victim this. Oh by the way we're GONNA go re sign a hundred million dollar deal with Adidas shortly thereafter to complete farce ars whatever and now they're by the way the NC double. A. Has Basically said what we all said while the federal government was doing what it was doing which is get out of our face. Kansas is not a victim here. It's why it was so laughable. When the the federal government argued that the reason these adidas reps needed needed to be convicted and go to prison is in some cases is because they defaulted Kansas has taken a much more common sense approach to this this particular subject instead. Kansas was not a victim that is that's. That's a stupid thing to allege of course listen people can lob their criticisms against the Chevrolet understand understand all that but the people in charge that are at the enforcement level particularly as of late the newer hires if you will in addition to those on the committee infractions as many of whom have real tough legal backgrounds. They're not idiots they understand what's what's happened here and the true function that Gas Nola had adidas and how he was a how he was user willingly wasn't agent of nefarious recruitment for the likes of Adidas amongst others. You've got gas nola apologizing on on text message text messages that was captured by the by the answer. Louis wishes by the FBI about having regrets over not being able to deliver De'andre aiden and to Kansas so it's not you're not even reading the tea leaves are all very very obvious here and it doesn't matter that gasol testified that he he conspired with Jim Ghetto Code and Christian doctrines which he did testify to this to conceal the payments from the schools and the ended up the ablaze view on this is is no way no how we know how the game works here and we're GonNa hit you for this and we're GonNa Label. You're going to be labeled as a booster and that's how we're GonNa get ya now. I Know Kansas fans also have some some pushback on the instability here because Billy Preston whose mother was paid ninety thousand bucks ninety thousand dollars beginning Wingas wingas Nola goes to a hotel room during Kansas has midnight madness a few years back and says. I'm running this recruitment now. You're going to be getting the money through me. Kansas ultimately ultimately never plays Preston so in terms of eligibility standpoint. I know Kansas fans are hoping that the school doesn't really have to deal too much with that. That's not going to be the case yeah. They didn't play him but the doubling knows what it's up against when it comes to trying to mete out punishments for all of these schools and programs and it knows that it has been just killed over the years for not bringing harsh punishments to high profile coaches and programs programs you can't convince me that that is not a factor here in an not an insignificant factor parish in the in the greater scope scope of all of these schools and all of these cases. It's why from the start to me. Arizona Kansas and L. and Louisville have been the three most interesting schools for very different reasons but yeah I mean. When do you think do you agree with me. Perish that Kansas this year will run parallel to Arizona last year by that I mean it'll just play out at season with this as a as a storyline. I'm kind of going over or alongside of whatever happens on the court but nothing really is going to happen this year and for those that are kind of like okay bill self going to get suspended as Kansas going to face. It's a potential postseason ban like all that stuff. You know if you're if you're thinking that's going to happen. Would you agree that we're looking at like at least mid. Spring Twenty twenty until we know anything anything more on this in terms of what what the end simply wants to try and hit Kansas with yeah I mean really all you gotTa do is look at the calendar and understand the timetable and you can reasonably conclude include that unless Kansas decides to self impose penalties and you know based on the statements Kansas has released. They have no interest in that whatsoever. They're gonNA fight fight fight they. They're gonNA argue two different things essentially and I should point out. This is more complicated than than when I say in simple terms I I'm I'm by definition. I'm trying to put it in simple terms. It's a it's a very complex situation but Kansas is. GonNa essentially argue two things a the adidas reps are not boosters they ah you know they. They do not represent our athletics interest. They worked for a shoe apparel company and be We already have the main adidas consultant consultant who was operating outside of the instable a rule book. We have him testifying under oath that our staff knew nothing about it and so if you want to try to argue we should then make that argument but do not argue that we did because we didn't and so once they've decided that's going to be the argument argument the defense they're conceding nothing again very different situations but the same way North Carolina with the incident on the academics scandal that they would not call an academic scandal the same way. North Carolina conceded almost nothing. Kansas is going to concede almost nothing I think so they're not going to self impose any penalties and so yeah I do agree with you. whatever is going to happen will have no impact on the two thousand nineteen twenty season as it relates to Kansas the players who were on the roster are going to play the coaches are on the staff or going to coach this is going to be something that impacts future seasons possibly and I do think something that will reasonably hinder bill and his staff's staffs approach to recruiting like they're gonNA have recruiting problems because every staff at America Kansas going heads up with Kentucky Kansas is going heads heads up with North Carolina Kansas is going heads up with Indiana. Kansas going heads up with any you know other power in college basketball. Those staffs are going going to hit prospects with this. Hey listen. I don't feel houses. Amazing Kansas is great. I Love Bill South but you look like a one player and you really want to Kansas your one year in college and they don't get hit with a postseason ban soon as the rules on this stuff. You're only going to spend one year in college. We never going to have the opportunity to plan instantly tournament. Is that what you want to risk or. Do you want to take any of these other great options where you're not at risk of that it will impact recruiting immediately elite but will it impact the two thousand nineteen twenty Kansas Jayhawks. No I don't think so there are five level one allegations that have been put against Kansas here that that's also I think can be overstated. It's the number of them. The university has been hit with a lack of institutional control and that's in part because the football program has been hit with level two violations which is sort of sort of a funny afterthought amid all this stuff. There's less miles is trying to make Kansas football onto thing. His predecessor has somehow got the football program involved in this and it's involvement has potential serious consequences for the Kansas Athletic Department to have the lack of institutional control because you are going to more than one actual department their parish what do you I think ultimately will be the punishment. That self gets teeth. There's there's talk about a season long. Show 'cause or suspension suspension. Do you think it's to that point. Do you think it's something short of that. Say you know nine Games fifteen games but for self in particular I know we have a long way way to go here but as we sit here today and people are GonNa want this analysis and want sort of a big picture forecast and prediction to you not necessarily what you think is fair but what so you think the incidentally ultimately decides upon when it when it puts a puts self against the wall. What do you think the the suspension link will be well. I'll answer that momentarily but I real quick. 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Wherever you get your podcast okay so the question you put to me is what do I ultimately believe. BILL SELF IS GONNA face in terms of punishment under the assumption that he will be punished in some form again canes is going to argue that shouldn't be I think most reasonable people can acknowledge that he's going wing to be so what is the punishment going to be I guess my first answer would be who knows I mean. We're dealing with not necessarily uncharted territory but like all of these cases are unique the NCAA belay is not the type of organization that has ever followed followed its own precedent that has ever been consistent with who charges and why and what punishments go along with that. I mean you you know men not to rope an old story into this but once upon a time like a jewelry store owner sued Lance Thomas Former Duke Blue Devil because he had a line of credit that he never paid while he was a student athlete at Duke for like I don't remember the exact Zac number but I wanna say it was like ninety thousand dollars not the type of line of credit at a jewelry store. A normal college student could get it seemed very clearly to be an impermissible sobel benefit and it just like nothing ever came of it like you just like the like. This is all you google. It and it just like you know went nowhere. According Getty at Duke many years ago was compromised by his AAU coach and it's just like nothing duke never paid a price for it so the engine has has never been consistent with with schools chooses to to to investigate in ignore which schools it chooses to punishment to punish and not punish so again who knows where this is going to go. We're guessing more than we're you. you know predicting with any sort of edge. You know you know it. It's impossible to know for sure. I'll keep it there but I would say if I were guessing it will be more significant than the typical nine game suspension that we've seen Jim Boeheim gator Larry Brown get up to other hall of fame coaches but it won't be in excess of a year. I would think more than nine games but no more than than one one season but again. It's only a guess who knows I'll say twenty games. That's going to be my when when everything's shakes out I'll say bill self gets twenty games. We'll see we'll see you. play that play at home over under twenty twenty games for bill self suspension there and if you told me that down the road when all the cases shakeout that bill self in Shawn Miller serve identical or near identical game suspense gambling suspensions. I'd absolutely believe it. Keep in mind by the way most people may not be aware of this but you know it was seven years ago when TC Espinola who was the director director of the New England players on the on the Nike circuit the answer Band Gas Knowle's team amongst some others for dealing with Andy Miller the the then at the time sports agent the reason why I bring that up is I would have to imagine that when these discussions have been taking place investigation with the enforcement staff and the forthcoming battles between Kansas and the committee on infractions actions take place. They're going to say listen. You knew who. TJ Gas Nola was he had a history of violating the rules also his grassroots teams were suspended from play this very decade. He was continued to be employed by Adidas. Bill self had a a relationship with him. It was revealed in federal court that he was even you know having dinners with him. I believe it was the night before the title game I might have that date wrong but nonetheless in federal court it was laid out clearly with incidentally outside counsel on hand to document and watch in here all of this just how strong along the relationship between bill self and Tj Gas Nola was to the point where gas NOLA was obviously communicating with self. How Important Kansas was to adidas going so a forest even say Kansas was above Louisville in the overall pecking order of that of that apparel companies level of importance with all all the programs there. I don't see how self and Kansas can really wiggle out of that. It's going to be a semantics argument and I think the committee on fractions is going to heavily come down on the program and saying you knew what was happening here when he's apologizing for not getting De'andre Eytan you know what he was referring to there when he was talking to you about getting the best players and self response to get some good guys. He's not explicitly an outright saying but they're gonNA try and pinch them for that not just that you know you've got the assistant. Kurtis Townsend Kurtis Townsend caught allegedly discussing a willingness willingness to do whatever cans needed to do to pay in House Zion Williamson and his family to get them to come to Kansas will will that be taken into account if so what can what can the pin on Kansas in regard to that and even if it doesn't will those discussions also have an impact on on what happens at the enforcement level. I I don't know parents. This is this is. This is a big one. There are more big ones to come but ah I don't think it's a coincidence that although NC state had the first one the Kansas one is is among the biggest if not the right next to Arizona and this this is setting the table for what I would expect remember waiting. I'm four more schools still get these and I would think that we're gonNA know that by Thanksgiving here but to come out with a strong message against Kansas I think was done with intention by the instable a you've got it exactly right in the sense that Kansas is going to again argue you a lesson you can say it looks how it looks but there is no smoking gun the text messages between between Tj and bill might look a certain way and you can draw from that whatever it is you want to draw from that but the words go by me players. Go break into AA rules. Go do things you're not supposed to do for me. They're not in there and so you can think think well beyond new what Tj was doing but there's nothing in the text message that definitively says I know you're breaking rules and I'm cool with it. I need you to go break rules on my behalf and they're just going to argue that. Listen you can say it's crazy if you want to but we insist bill self and his staff didn't know what was was going on and Tj Gas Nola even testified under oath bill self new staff did not know what was going on now. I'll say right now same thing I said on the day that it was reported afforded that TJ guests nola testified under oath that bill self at a staff didn't know that he was Brady incredibly rules. That's a lie. He lied under oath. I you'll never convince me otherwise now you know special shelves to bill for having somebody that loyal to him who would be willing to lie under oath in Federal Federal Court and say bill self was ignorant to everything I was doing but you'll never convince me. TJ GAS NO IT didn't lie under oath and that is essentially what the NCAA saying thing is well we believe. TJ Gas Nola lied under oath. We do not believe bill self and staff didn't really know what T- guess Nola and he is a dita's co workers were doing and to your point about. TJ's pass like listen. I'm not J. for I don't know fifteen years. He have you ever madam. Do you know him. Yes so you know. TV HAS NOLA screams. NC double violation right. Yes yes he gives off a certain appearance. That's like data and I say this is the spectators I could say it but like you ever been around. TJ Like you the devil walk away from that conversation. Go you know what I bet. This is a guy who's never broken. NCWA role in his life I would assume he's broken every NCAA rule in his life right so when you combine that with the text messages and with just common sense it defies logic to think that to believe that bill and I I should I should say when you say staff bills got a big staff and not everybody is roped into. Did this thing you know it's largely Bill Kurtis Townsend and so I think we should probably be careful even though word like thirty minutes into this now about saying bill and his staff and just hoping the everybody who works in that basketball facility into the story because it is not alleged that everybody was of course aware of or or dealing with TJ and Jim Gadoe and moral code in in this way but it defies logic to believe that bill and Kurtis Townsend at the very least. I didn't know what Tj and the Adidas Reps were doing and I say that as somebody who's known in liked bill for a long time WHO's Nonni unlike curtis for a long time but like you know we don't have to be stupid about this. You know the the the w saying is is is what I believe. Maybe maybe bill and Curtis didn't know every penny that was going to every place but the idea that they didn't know that Adidas was out there rocking rocking and rolling on their behalf that that's it's it's. It's simply not believable. I know okay so a couple of things here with with gas nola yeah and then something the play. I want to remind listeners a few details. Let let me let me say this one thing real quick today. I I think this is also important if I'm going to sit here and insist that it defies logic to believe I believe that bill didn't know what he gas. Nola was doing based on who TJ years based on bills level of intelligence in the inner workings of the Sport and based on the text messages that that exists the next question becomes okay like so how bad is this and it's clearly bad bad if you get caught but I also don't think it's abnormal in the sense that and you you correct me if you think I'm wrong. I think those text messages between Tj and bill very important because not only is TJ saying listen you know it's Kansas and everybody else can fall online bill self and then everybody else behind him. That's the way it's going to work K. US number one with Adidas. I'm out here to make sure you get the guys so on and so forth and and bill says that's the way it works with Duke and North Carolina the implication there is that Nike is out there working for Duke Nike not is out there working for North Carolina. I believe Kentucky was roped into it at some point somehow nikes out there working for Kentucky and I'm a blue blood like they're blue bloods and I need somebody out there working for me and so if you WANNA try to figure out how this stuff even gets to a point where you can actually actually believe. You're not doing anything that wrong. I think Y- story lies in that you know whether or not bill was right or wrong in terms of what he believes. I'll let other people decide although long as being honest I think he's right bills point of view. It seems he's pretty clear to me if Nike is out there working for Duke and knock out there working for Kentucky and knock out that working for North Carolina then what is so wrong with having indeed out there working for me. I've just trying to level the playing field here. You know if if if we all want to live by some different standards than let's get together and figure it out but as long as that shoe company is doing work for those schools then why can't my shoe company be out there doing work for me. It reminds me a little a bit of the Barry Bonds explanation for turning to performance enhancing drugs like Barry Bonds is the best player in baseball pre performance enhancing dancing drugs and then he watches Sammy Sosa hit a bazillion homerun mark mcgwire hit a bazillion home runs and he's sitting there going what like I'm better in. Both these guys is and I never one to use performance enhancing drugs but as long as these guys and everybody else is going to do it. I might as well do it too. If everybody else is doing what's wrong with me doing it and then he does it. It's like seventy three home runs and then he gets caught and people go shame barry bonds doesn't belong in the hall of fame but the truth is barry bonds was simply simply trying to level the playing field that had been changed and if you were trying to rationalize bills behavior here if you're somebody who actually believes of course he knew what was going on. I think it's rooted in that. He reached a point It may be reached one a long time ago. I don't pretend to know the timetable but he clearly had gotten to a point where Adidas working for me isn't wrong because it's no different than Nike working for those other blue bloods share of a whereas baseball's culture of steroid use obviously was something that was introduced in the late eighties early nineties. There is a widespread belief that cheating in college sports has been existence for illnesses long has been around here is of course. Let me let me okay. Let me clarify then. I don't mean to suggest that bill self got tired of everybody else. Cheating decided to start teaching like I what I suggest. Is that you in life anything. You rationalize bad behavior any any of us. If you do things you're not supposed supposed to do when you know you're not supposed to do them when you know that. If I get caught I could be in trouble. The first thing you do is start to rationalize that behavior like why do you cheat on your girlfriend or your wife doesn't appreciate me. She'd not pay me any ten like you'd start rationalizing these things thanks and I think here. The rationalization is of course. I know that I'm you know working hand in hand with somebody who's breaking into the rules to benefit my program and that it's it's it's in violation of of instability rules that if I get caught I'd be in trouble but the only reason I'm doing it is because he's other people are doing it. I'm not the devil is hey when when they wanNA stop doing this at Duke and start doing it at Kentucky. Stop doing it in North Carolina fine but as long as everybody else is doing it then what's so bad about me doing it too. I don't mean that he was getting to this point where you've got this relationship with Adidas guests. Nola is a reaction necessarily necessarilly to something else that happened but it's rooted in a belief that other people are doing it so I might as well do it too yeah and that won't stand up against the double double as well as you know. I I know you know but just to put that out there what's fascinating to me with Gas Nola and what the incidentally interprets here and what it can use what it can't use. Is You know the the federal government did not turn over its files to the instable a after in either trial which obviously the badly would have wanted because there there was probably things documents transcripts that were not entered into official evidence that it would have liked to have. I've seen in addition to the stuff that officially was but didn't get that so the answer blade now can just say okay then you're not going to do that. That's fine. We're going to use what we have in court here. Okay which is is which they're allowed to do that is now actual policy and then subway policies important going forward. You have to keep in mind that there's a new penalty structure here and the new penalty structure and the language therein also specifically indicates that any forthcoming punitive decisions that come don't don't have to have any sort of previous president. We're in a new era okay. Kansas will be subject to this. NC State as Arizona as Louisville as UCS Auburn as Creighton as TCU ACU as go on down the line to how many of our schools eventually touched by this okay so what will the NC double A. US in its enforcement case in committee on infractions in regard to what gas Nola said and can also play both sides. Can it say well guess. Nola said this under oath but also we think he lied. I would fully expect expect Kansas to come back at the end subway and say you can't you can't have both ways. You can't say that what he said under oath at certain parts were fabrications rotations and at the at the at the same point also use what he said under oath to try and pin against the wall because obviously you know we're in an ultimate catch catch twenty two in that case. I'd be interesting. I'd really love to hear those conversations behind closed doors because I do think that is going to be a sticking point between Kansas and the AA here because it is going to try and play both sides because it has no other choice. It's not going to get guests and all of Ford's investigation all it has is the stuff that was presented in federal court based on stories that frankly wetzel and I and others wrote and whatever the outside counsel was able to describe down right because you can't bring recording equipment into the courtroom room. It's all that's all it has it has that's all that it can use when it comes to gasoline and what he said and what he admitted to because I would be stunned if it was able to actually bring him gasol and help this of course that's not going to happen so you know an absence of that. It's going to use whatever it can there and whatever its investigation was potentially able to obtain on its own means which I which. I don't think it's insignificant but I don't think it's nearly as important as whatever was presented in court. This comes down to the double a looking at Kansas. is one university that that was re representative of of a bigger problem here and it's going to see a pattern of behavior from gas. Nola who had close relationships with bill self and others around the Kansas Program continue to try and use his position within Adidas to get players to this and thinks he said under oath certainly don't help the cause for bill self in his program and that will lead you too significant sanctions being levied against Kansas and then it's a matter of if it can win on appeal the way It hath won on appeal to Susa. When when it got down from two years down to one but will we wait and see on that but if you're a college fan listen to this and this stuff kind of interest you or or riveting to you I promise you we're going to have more here and before we know what it's going to be compared one case versus another versus another win so many of the factors there while in in a big picture seem similar will be different but gas is the key because he was the guy to his own admission again that helped that didn't help or just outright paid money any two families of players that went to NC State Arizona Kansas and Louisville and so with those four schools particularly in what he said and what gas analysts under oath? I'll be most interested to see what allegations are put against those other schools when they come how many level ones in particular it's Eh An interesting time for incidental enforcement and I've said it from the beginning. I thought significant punishments were coming down on these programs is just a matter of how long it will take for it to happen and and what legal you know. Return serve any of the schools optimistic against into belay that gets much more intangible. We'll get down to we'll get to that where down the road if and when it happens and it appears to address your point that the NC double a. has taken the the stance that we were going to believe the evidence. We're going to believe. TJ guests no was testimony except for the part where he said Bill Self and his staff didn't know anything about what he was doing. We simply don't believe that part but we the believed the other parts and obviously Kansas is going to try to to try to pick that apart but keep in mind this is not a court of law you. You don't have a judge up. They're ruling what is admissible and what isn't that. The standards of guilt or are very very different. We could end up in a court of law someday. I'm day not ruling that out but initially this is going to be handled by a committee on infractions and if they take the same mm position that the enforcement staff has taken here then yeah Kansas is facing serious penalties and bill self a hall of fame coaches is facing facing serious penalties. You notice that Lorna was in the notice of allegations didn't you of course the lesson learned L. Yes because he's connected to he was the person who ooh guessing who is trying to ship the money to eight and to get him to Kansas to begin with. I also think that's why that's ultimately going to be problematic for Arizona but that's obviously a topic for another podcast but if you'd like to layout some praise admiration for learn L. by all means go ahead. I just thought it was disrespectful to identify him. Only as a coupe family friend of of Deandra Eytan Even Lor nail is not a family friend only parentheses. He's the legend and the season. We're looking for that and then official Noaa where you I. I was hoping that when I got to page six of the modus of allegations that it would say. TJ Gas Nola testified that he provided fifteen thousand dollars to the legend Lord no to a family friend Comma large-scale parentheses. He's the legend and parentheses that would have been the best shelf the Devon Daddy's. We asked to test the South Carolina sales to Terry. MFN teagle. He's a real legend. She has to learn now member. Go Subscribe to the College Basketball Pack via apple podcast you can do it takes couple seconds. We want you to rate it. Favorably that means five darth lease a nice comments. That's all I've ever asked me to do it or not. We're going to be back here the next week and maybe earlier if somebody else gets knows about gauging later on this week so we'll talk to you too.
Winning Lottery Ticket
"You're closed shouldn't just reflect your style. They should fit your lifestyle to calls understands that that's why they offer an amazing selection of products in national brands. That don't make you choose. Between fashion and functions style and comfort work and workout like nike armor adidas champion plus kohl's new exclusive at leisure brand flex balancing smart relevant style with functional performance and comfort calls designed to give you the look. You want for the life you lead all at the value you'll love so checkout kohls dot com. The viral sensation is back and the phone lines are open on the gangster. Party line podcasts. You'll hear insult comics and celebrity guests giving callers exactly what thereafter some serious trash-talking instrument and play dimitrius dean. You start playing. Baritone saxophone gives a call. Listen to the gangster party line. Podcast on the iheartradio app apple podcasts. Or wherever you get your podcasts. All right listen guys if you gave someone a five hundred thousand dollar lotto ticket as a gift. How much would you expect to get back as a five hundred thousand five. Half a million okay. Half a million. You gave it away someone. Of course you know it was a half a million dollar lottery tickets. You just gave someone a lottery ticket as a gift yet gift. Yeah so so the question would be. How much would you expect back as a thank you so let me let me set it up for you This woman named elizabeth coker non of marlboro maryland received a scratch off lottery ticket as a belated birthday present from her brother. She was really happy about that when the ticket won her. One hundred thousand dollar jackpot. Elizabeth told virginia lottery officials that her brother gave her. The ticket was the premier cash scratcher ticket from the virginia lottery. It was the late gift with a few days actually after her birthday. She said she forgot about the ticket for a few weeks until she was on the phone with her brother and decided to scratch it off while they were talking and that's when she found out it was worth five hundred thousand dollars. She said she's going to give her brother a birthday gift What do you guys think. She gave him followed his brother and she a woman because women cheat when it comes to stuff like that cheap to siblings of women. Siblings are cheap towards a brother. I think i think best she going give you five grand but probably five went. I don't think she's going do more than that. i think. Five thousand dollars to give. She said she's going to give her brother a big gift. That's what she said. So here's my question to you guys if you gave someone a five hundred thousand dollar lotto ticket as a gift. How much would you expect to get as a thank you. I wouldn't anything. Of course you gave it as give as a gift. Yeah i wouldn't expect anything but the person who got a decent thing would be ten percent. Ten percents denies fifty fifty fifty. Okay yes it does. Think i'll give my brother fifty grand. I want to whole how fish that now you get that bad. i bought the tiki. What i did. But i bought the ticket founding without you want. That's not that's not what happen. Oh we'll know. What would you holiday making no sense calling well. If somebody gave me a ticket. I hit for five hundred thousand and they gave me the ticket. I probably give them fifty. I think that's nice. I mean it's ten percent you gave it to me dog one you. I wouldn't have got this gift. I get five hundred thousand. I'll probably give you fifty k. One who i am now. You gave me a lottery ticket for five hundred thousand. I've probably split it. Which oh wow beautiful years ago. Thirty years ago better crease. Hundred thousand to change my identity. Like i was thirty folks if i'd had have million at thirty folk out of duty. Everybody i know behind in this world out about a ticket to swishing had ski. That was hot. Cocoa amounts Anonymously in another country. But yeah i like fifty grand. That's cool or what. It doesn't say what she ended up giving her brother. No it doesn't. She just gave him a big birthday gift. All right we'll have more of today's trending stories. On the steve harvey morning. Show coming up twenty minutes after right. After this you're listening to harvey morning show with mcnugget. Miyoka me your he. Give it to your exceeds this year. The moma gibbons he mcnuggets press reach their ninety rally that condo. I mean nuggets deal deal yet in. Mcdonald's go penalty. Does this a big mac when a quarter pounder with cheese oatmeal fish keeping the vessel. Throw for with my runner. Hey it's joe buck and oliver hudson. We have a podcast called daddy issues. Production of iheartradio and cavalry audio on the show. We talk about being dad's friends and parenting and everything that's going on in our lives is working fathers. Join us every thursday. For brand new episodes we have a ton of exciting guests. Larry segments coming up. That you're not gonna wanna miss. Listen to daddy issues on the iheartradio app on apple podcasts. Or wherever you get your podcasts.
Cats Prefer Apple Products, Dogs Prefer Adidas: Visual Listening & Research
"Hi and welcome to the social media research brief podcast. I know you wanna hear what's new and social research so let's get started today. I'll be talking with odd supposed marketing directorate. Use Skin. If you're not familiar with you you skin there. An APP powered social media listening and image recognition platform which is currently used by over five hundred major brands and agencies worldwide. Today I'll be talking with about image. Recognition as consumers are tending to turn away from text when they are publishing social content and often simply are posting pictures of what might be going on in their lives with very little tax or certainly with no tax depicting. What products services? They're using so today's conversational Ashley introduce you to this type of listening. If you're not familiar and help you get your head around how you can incorporate it into what you're currently doing so good good afternoon how are you hello. Thank you for having me here. Doing quite good. And how old are you. I'm very good. We were just talking about the busy week. You had last week each travelling to social media week so it sounded like it was a great time. Yes it's always interesting and it's a great time to visit London. 'cause it was social media week we I've had a lot of connections there a lot of people where interest in sessions anywhere always happy to be presented side side. She rates are not sure. Yeah it's it's something something I I'm looking forward to attending someday myself but until then I'll just listen to stories that you guys share from being able to attend. You had a busy a week and I'm I'm very thankful that you had the time to talk with me this week because I think what you scan is doing what you guys offer. As far as visual will imaging listening is fantastic so I wanted to just spend some time talking with you if you can tell me a little bit about you scan so our listeners can become familiar with you sure I would love some Charleston. The whole history is Canada's about ten years old we are mostly based in Ukraine headquarters is in Ukraine. Also we have updated in most coast. See that so we are something that not only leader on the CIS market but we also have the amazing features inside satphone product and one of those features of or the commission. So you can is one of the top social listening systems that offers a solution solved the solution on the market not only for brands all the recognition for social for analyzing different data data streams but also different mansions and especially famous. Of course we know are among the players in the market We are proud how to say the least likely will take in parts of market research where we were the winners and Visual analysis category and this is something that brings us to the world's markets where we going right now so toss come. This is one of the most powerful and convenient it solutions not only for detecting logos and images but also grayson different mutual inside that allows our customers to see re hundred which seeks to the picture of discussion around any brands in the world. Yeah the visual. It's becoming where people are starting to get away from using text as much. They may post a picture. There had star about and they take a picture of their Coffee Cup for example and they're not putting text with it so that's something thing that's not going to get picked up with traditional listening twelve necessarily but with us and that's something that's front and Center for you. Yes exactly exactly coast right now and everyday people publish even more and more images on social media not only text but also images so in general Dan. They're all the daily volume. I would say sleep bill in to come on the market so it's a huge amount of data on this day in some way it has to be processed feel many companies. They have the challenges and they don't give up on the search social media posts it was their brand mansions not simply to find a bit more information aboard the Chris but also together the data about the brand in order to create different marketing campaigns through our campaigns to suggest as they brought to the market answer the potential audience studio as the result. Analytics has become a necessary truthful Sidon of consumer demand and for the planning of marketing activities. We are among those now. Is this what the visual recognition technology is. It used mostly for brand and logo recognition or. Can you do it on a more general general scales. You need to do something as general as wine bottles. Is it more brand focused well. It's both actually the wine models. This is like General General that are used in the market but we are wanted to mention that our loved commission per why she was the ability to conduct much depend ourselves. She'll brand presence okay. So in early analytical tool smale focused on finding Brent mentioned only in the tax however nowadays image recognition significantly expands the coverage that enables it clearer understanding of the modern audience that more sightseeing sightseeing sites to the company. So in addition of say that to identify about your company the most advanced image shook. Ignition tools help you to understand and not only The law goes but also the mansion that you have so this is something that's where doing here and that's really cool because you can see so much more just than people interacting with your brand you can see how they're using products and what context they're using it and you can identify influencers. Maybe there's somebody out there who's posting pictures of themselves with the brand and you didn't know they existed but they're driving all this this region visibility. You wouldn't necessarily know that just from traditional texts listening. Yes exactly. Does nowadays influential marketing. That is US something. That's trending in the world market and more requests are going towards the implants marketing out to find the best implants. Show call to connect with him. How to analyze data? We have that will help to make the best precise implementation of the targeted get to talking points for further communication and as influencing. It's been shifting from the celebrity types Tamar Micro influencers and and that's what you're really gonNA find I think visual is those micro influencers that can really drive your business that you wouldn't again necessarily know if you're not incorporating the image recognition as well so that's pretty cool yes sure just sometimes smart micro influential. They are underestimating. Some market by the price for a processional crane. Sound Chance Mabel over and you and it will give you more value so the right point the right approach is to to find the exact influential or plan. Show what you need especially for the goals you have right. I think that's a fantastic way to explain it and it is. It's true you and I think people are taking more value in those micro influencers than being the you know the celebrity types and I think that's very helpful to know these news it for peer crisis situations like I know on. There's a a case study on your website. Sure we have the study was to be or study sided with Hymie. Can we corona beer and it was not simply for pr for also reputational. Manage amounts were people Companies for detecting. How is their brands with an example of Heinekamp and were used on the WEP everywhere in twitter and facebook Bilkent instagram and blogs and forums and they pushed quite interesting to see that? Sometimes you have to manage wastes. Probably not the best case when Heineken when you can shave the slow child chosen disassembled predation risks. And you have to manage that and then you have to connect whereas implants salsa. Elsa will help you to work the sedation that happens so for many companies. This is like the dust way to analyze all the data because if we're taking consideration corona brand this is more relevant to use corona urine the holiday somewhere on the beach or somewhere on the the crowd the environment where you're relaxing also. There is a history and a special brand history for each Brown. Some answer is tiny can or Koran and our customers they always taken ten tension and pay attention to Kale's to give give the best inside to audience The Lights Way. Yeah and then the case of Heineken. They had it look. It sounded like and maybe maybe you can speak to this a little bit more that there was a dog fight situation where they're branding had been left other than you. From prior event you know so. They completely weren't sponsoring this from what I understand yet. They're they're branding was still in these pictures and they didn't realize it until they started. Yeah doing listening and they were able to handle that as it was happening. I mean they wouldn't have known any other ways that there was in the background. I mean yes 'cause they didn't even expect before this started listening. They didn't expect that there are branches associated with such different seems. You know 'cause to ask ask for you and this is something that are logger aiming for big mission is doing. It's not only analyzing law goes right. It's it's also analyzing different objects different things more information that you can get from from one image. This is the bachelor inside. He would would get so odd. This like the exact attention to the talent that works. We can give the customers and I thought that was a great example of a different currently outside of traditional marketing that you scan can be used for so pet that were yes yes well. It's something that's on the market. I what is trending. Also I can give you. One example might be interesting. That example Y.. Cats prefer apple and dogs like I did House that one. Yeah yeah this has been the gets attention on something that's interesting to people And there were no research. The couldn't even expect such results. So talking about the kids that we have as before in some great and our visual incites besides function into or data science especially tasted algorithm images of cats and dogs. And so the I.. Artificial Shaw Intelligence. Learns this way so it just needs to get this images to analyze them and then to process them salt when it was time to developed a lago recognition feature data scientists matches that there is a killer connection between rant. An animal salt smart dodging brands like apple often. If your marriage user fellas along with cats it was quite for that Expected with would also were smiling when the so those results sure to interesting is that Well sport brands like audit us are more drone toward dog so in normal people will pass by this but the real test family guys like we are coming to the question in detail though that S. That's why we're asking what What is the pattern right though? Oh on Cedar. And in general as a research method discount visual inside Brown striking picture a Laos to recognize Brent images and visual. This is something that is valuable so the objects with the ban on the consumption sedation. That's interact Based raced this inside. Would some of the cats adores smart devices which means they know something. That's awesome awesome and that's such a fun find too because they can take that and everybody loves animals. Everybody was dog pictures online. So they can even that such such an unexpected finding but they can have fun with it and do something. Listen and that's a great example to sometimes people don't even notice when you have apple or other brand not only you but also cats not. Yeah I'M GONNA have to start paying attention to that. That's a great example but it is. I mean image recognition can tell. Oh you so much more than just texter. What people are saying and as social media's evolving and especially this younger generation coming up this all they do they take pictures cheers of what they're trying on it at the store and what they're eating and they're at a restaurant with friends and you can pick up on so much detail from images yes 'cause younger generation ration- associated mostly with images and was everything they text left by the make more pictures so for them? Quite something inhabitable advocate. And that's why we are at your scam decided to create our own technology for immature ignition. At the beginning. There was a big technology challenge account penny to our team and one thing we decided to post ecology into the product and to where allies. That's we need image recognition for our core product use tat so nowadays social analytics platform. That we I look at was available solutions on the market and the API's and before starting creating some something personal inside. He's this kind was immature recognition. We says different brands that were on the market that had computer vision services interest Amazon recognition Google Vision lager grabbed. IBM Watson and songs further. So the the summer Murray we had The feedback where see if that some of those were in suitable for big enough for tation goes per day. He's con John Process thirty million images. Wow and not all could could could propose such volumes to us. Sure sure. Do you see the high image crossen costs and when you're working with social media that there is always a case of that qualitative relatives images and sometimes there is no process conclusion. Therefore it's leads us an absolute and predictable results on being so considering oldest aspect we decided to develop our own technology and for this purpose. Of course think -nology needs a I so we took into consideration progress approaches. Of course that were available on the market. It's not like we. We do create it some credit there were history of such immature commission over the on the market so we have to improve the history yes yes and To give battle expertise if something years gift to give some new technology to get some univation To our team. Twelve royal challenge challenge the the main aspects that we improved and what were just that as the technology for images from social partial networks where Phelan's of images process worldwide. Some to us. It's something that were made a stress on therefore therefore we decided to develop this technology of immature ignition. And the most in Parsons too that we made it skull an accurate and of course Costa post-attack tape that every day it improves on continuous basis feedback. Loops of course that we've veiled into the enhance and etcetera but something that we've decided during the team to improve it To give something you better Lamar that had been pretty exciting to see it as you developed it and worked on it and it got better and better that had to have been an exciting journey for you to see us us You know for us. It's always challenged the something that gets us new. Meditation gives us New Vision. It's always a talk inside aside for a company and of course for team between different departments. What can do in order to improve that we already have and to suggest something to the market that will help people Help businesses to analyze the data and especially to get visual insights. What's inside that's well be totally on the next level things? I've been changing so quickly and social media and how people behave on social media use you social media and you have you. It sounds like while you're doing this. You're also needing to stay ahead of the curve to be able to get to that next level for people to make abusive. What type of data is coming in? In this case it's more visual. You always have to be competitive on the market of the world of social media changing so rapidly rapidly so you have to always follow all the only the only neutrons to be the top of the list and they can be exhausting keeping up with that change. Yeah sometimes ten being but anyway the competition gives you more technology more solution that you're so you're Russian and to us. It's like the new challenge that will give us your expertise experience new. You're do you not only knowledge but also some vision This is something. But he's just more motivation. Exciting ride when you think about all that has happened in really such a short period of time historically spend so much fun to be a part of and just watch it as. We're not sure changes all the time. So you Kinda just predicted. It's impossible like the same Volition of smartphones like at the beginning of the century there were so small all know the change them they become bigger. Yeah let's see they're going to be like in twelve years or twenty or so years years. Oh I cannot even imagine because when I was a teenager and I'm dating myself a little bit here but my first cell phone was in a big bag and it had to be physically connected to and my car to work and then they've got so much smaller and then they got bigger again. It's helping my daughter clean out some of our stuff and she found her old iphone. I think it was maybe a three or four but it was so tiny compared to what she has now also cool so it's ran changed have expended any change in such way. At least I didn't expect that no no not at all because we wanted smaller. We wanted more compact and now it seems like we're trending ending the other way and all we can do is Kinda put on our seatbelts and go with. What's happening exactly now? If you could talk to me a little bit. I know no one not concerned but when people think about collecting image recognition versus tax. They wonder her about like how you set it up how you take those images and do analysis. Now we're so used to doing it. Ended textual basis. I mean if you could just talk a little bit about the analysis and setup for visual listening in visually like we are here and he's kind of where it's so transparent we have a transparent pulse and harassing where using only official API though if the data is beloved by twitter by facebook buy instagram different blogs and forums so using this data the data protected by big companies. And we follow the rules that based on. API's of this companies shows so we are analysing today. Instagram coast instagram mostly they do have golds. API facebook has API's with restrictions nations in some ways so we analyzed only public business data from open profile right. So only that allowed. Ah ties the same sedation was twitter. So we do not Lee and that's important for people to understand especially when you hear everything in the news. This is just public public content. It's not anything more than that showcase. Respect our clients were staked consumers America and especially privacy of the people and especially important to analyze only the context that is allowed. If the person doesn't funds be somewhere on the Nida His image is not allowed so will not protest. Of course. We won't be able to do it because it's restricted by a right and I think that it's just so important for just the general public kander stand because I think there's a lot of misperception about market research and social listening sample that you pointed that now because I do think especially over here in the states with everything in the news good concerned I guess and I I totally understand that but I think your explanation. It's great there and then from a market research perspective so if I'm running a campaign on my brand and I'm collecting all of this visual all data how do you take that and turn it into analytics to see what is the reach. What are the driving Purchasing decisions and how are you just taking taking those images and making a story or an analysis inside a few scown we have different categories. Like can you have if we're talking about image recognition again. You're gathering the data based on the scenes based on the log Based on some some particular cases that you would like to describe so wh- gather this data and you can and you can see the analytics inside. What if your skin how it changes? What are the demography of the audience? How many galleries? How many images are in the gallery you You have what are the mansions? What's are the Trans on various? Of course there the nail him of mansions per day. So you come in order to eliminate duplicates you just can't you know merged those duplicates in other to get the right day so we have because sometimes sometimes it's crucial to understand the original post and the FX so it's paid also to the holy composed that out trust retweeted how it was shared to never send so especially for different than size from different marketing campaigns. It's also important to us. Nothing lead in the late extols. That has all seen sites with white goes in size Disa- something that interested that interest in marketing. Pr Agencies Social Media Marketers. Damascus gifts value especially were. They can see the trend where the account accounts of the history of change of some particular mansion on social media and basically this mentioned attention they will get the right the precise inside that will help them so use it in the marketing targeted campaigns or use it for difference reputational management. I'm from face. And if it has some negative affect it will held them to work was wastes and to decrease those rates so this this is something we have so really the insights that come from this. Visual analysis are very similar to the ones that are used in more traditional texts days listening listening. Is that accurate. Well actually various there are two ways to analyze. This is the traditional way right the way of so-called visual context this visual comes to kway F- analysis this is a way how detect different teams detect logos. If you have no content or text on it so we analyzing mansions without connection to the tax in general like the market mostly companies analyze mansions using tax or by the text we defer a for embiid so in our case slugger with conditions knowledge it provides our clients who was the ability to conduct a deeper analysis of the brand president so this is like an analytical tools and the coverage that enables to clear understanding of the more than audience. So this is something that we use. That's truly realistic. And this is the technology that we have and the right way because the textual official context of particular trans or any kind of event or the difference to understand the consumption scenarios. 'cause it's like Egged modell's and the difference between two cases Nike and audit US know the world known brands on the market but the perception on of each brand is totally different. Some people like two years nights here even during the weddings other people like us added US teams where they relax. Recession Sicily different and then how the marketeers to get the right incite this something that Danes the most well. Oh you're right and that's an interesting point to bring up because if you're looking at maybe just traditional metrics such as reach for example. They may find that successful at the Medicine Nike. Maybe Adidas is getting more mentions than Nike. That doesn't necessarily mean that Adidas better you know what I mean like you can take hate that visual and like you're saying you can see that people are using adidas products much differently than Nike. So it's not a matter of being better. It's being being different. And each brand can change up their marketing to now meet their customers as they're using the the way they're using their products based on the visuals of course this to just number of the metric of number of mentions the more volume mansions. It doesn't mean that the result is better. You just have done mellitus to analyze. Maybe there were too many ways tweets of the original pulse. Maybe you know it was just the wild contain and it's twelve campaign was just wild. Effects was no engagement. So you just have to analyze not only the data but also the number off off unique likes Unique shares incre tweets that. Give the more. Well that's why we have this dysfunction of merging duplicates so it's definitely effective It helps people to see the real day the original post and allies in the right way to see how the trends when on the march and researchers are turning not away from. But they're seeing that fact in the beginning a social listening when it was brand new. You know we focused on those vanity metrics. You know home my gosh. How many lives did we get? This is fantastic. But now we're able to dig deeper and understand. Why is it getting reach is that good is that bad and then with the image recognition that you scan does you can just find out so much more than just how much reach something? The thing is getting in that is more valuable than those vanity metrics. Yeah now a days lives shares this one part of KPI with mathematics that people use to analyze it was like traditional so historically nowadays. You know that you can change and if needs a new innovation. Asian like immaturity ignition. So then you metrics derive and people using this technology and last in the number of flex shares but also analyze analyze Dec- was brand for associated on these images. And what's risks is brands to and I'm really looking forward to seeing how this next part evolves offs. Because like. I said I've enjoyed watching it so far. And it just keeps changing all the time so explorer the scene. Where takes us as the research community? Now the last this piece. I just wanted to see if you had any advice to give brands. Who might be doing the more traditional text based listening and they want to add a visual component to it? Can you give advice about how to start this type of research. Is your research in a way to be successful and and so it's not overwhelming. Well High Marketer I was I was only lasts for markets are as a marketer is still believed that an excuse assuming resolve that signaling tation the rights request the whites wary is the best what you can get. The results of the query is the best. You can get so first of all happened densify for yourself. Your goal which you're trying to achieve based on this research on them to create the query in the way in order to get both positive and negative information to give as much information to the system that will allow you to get this three hundred sixty degrees insights. What's happening on the market? Was your they might be not relevant because they still belong to the tax because sometimes there are too many information and sometimes when you see Once seen on the image however the tax rain stuff other saying and on social media 'cause quality of the image is not so precise and unfortunately many companies and manage solutions films. They do not help you to work with different image resolutions sound however in use can we out scissored cause our technology help up to process the data and nothing to process the pack. It's also says the nonchalance of the images if we're checking particularly about the log as teams without any particular connection to the texts so the quality of the image does not effect the results. This important moment analyze the data use texts. You get all the images that are connected to the test but it's you if you're using the visual images the main difference The image which ignition the more way. Okay that makes sense. Have to shift chipped. You're thinking a little bit definitely starting starting with a strategy and not. Just do it for the sake of doing it but have a goal in mind has a reason as part of your strategy is very important and then too two. I think being open to sing. What's out there like your cats dogs example? That's not something you're setting out to find because you wouldn't even think okay. This is what we might look for. And it's just a nice surprise so I guess another point would be open to what's coming in and going down that rabbit hole and seeing what. Your consumers consumers are how they're consuming product. What they're doing? Because you might find a whole new avenue whether it's for a new campaign or strategy or new marketing that you just approach. This is something that the market is only started understanding. And that's why I'm glad we had the opportunity to talk so that people can can't understand and get their heads around it so I'm very happy that we had the opportunity to talk about it in this detail. Thank you it was a pleasure to me. Thank you for having when me. It's always a pleasure. Toss to share the experience the knowledge we have the results will receive to the then keeping up with what you guys have been doing. And I I just really think it's cool so I'm glad we had the chance to talk and what I'm GonNa do to for those of our listeners. Who are interested in learning more about U. Skin? And just how this all works. I am in the show notes for this episode. I'm going to link to not only your social media sites so that people can connect with you directly but these websites website some of your case studies. So they can really get a feel for what they can do with this product and how they can incorporate this into their marketing. Our listeners have a lot of great information. I'm here to work with and they can take a look at your work and get to know you a little better. Thank you thank you. It was a big cheer on and that wraps up. Today's social media the research pre feature to listen to other episodes listed on the SF Murray website. Or whatever it is you listen to podcasts. And don't forget to subscribe leave a rating and share with your friends in college. Ten for more information on Social Media Research Association please visit US at summary Dish. Global Dot. Org thanks so much. We'll the next time.
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