36 Burst results for "Nike"
Fresh update on "nike" discussed on WMAL Programming
"United States. Companies like Nike routinely lecture the American public about its behavior. It's attitudes. It's decency. But then turn around and apparently benefit from the use of slave labor in China. It's got so far as there's a bill working its way through Congress right now already passed the United States House of Representatives overwhelmingly called the Wigger forced Labor Prevention Act, and we see a report from The New York Times this week, Gordon Chang that companies like Nike, Apple and Coca Cola are lobbying against This bill. In other words, protecting the use of slavery even if accidentally in their supply chains. What are we to make of this? Yeah, This is not accidental in the case of Nike because Nike, which lectures the American people on racism was actually having a substantial portion of its shoes in China made in what looked like a concentration camp, and in that concentration camp like facility there were weaker laborers. These are people who are Racial and ethnic minorities in China, providing labor in slave like conditions. And so you know, Nike has no right to T talk to us about racism. Now. Nike says that it has stopped, um, buying shoes from that facility. But nonetheless we've heard these assurances from that company before. And so we've got to be a little bit skeptical of that. Especially since they are trying to water down this weaker labor bill. That is particularly reprehensible. So I guess they did. We would have politicians trying to water this down or be be okay with watering down this bill because they lobbyist put money in their pockets. I don't understand how someone could actually be pro slavery and get away with it. Well, they think that they obviously can by trying to change the provisions of the bills. So, um, you know, money is a powerful factor moving people to engage in disgusting comments and behavior. And, you know, obviously we've seen that now with corporate America. Um so you know, I don't know what to say. Married, but it is what it is. Well, Gordon, how bad they could confirm for me if you will, something that I've been looking at this week. One of the ways we talk about this that the leaders were enslaved in Xinjiang province in China now. Meanwhile, the idea here is supposedly China is actually moving its slaves or round the country now, in order to evade having a single province targeted by the United States that if they spread the slavery around the country, they think that they can get away with keeping it. So I have that right. You have that absolutely right in Australian think tank in March issued a report that said that at least 80,000 minorities Leaguers cause it's and others were being moved around the country to provide labor in concentration camp like facilities, and by the way that Nike plant that I talked about which is technically operated by a subcontractor, But Mikey's had a three decade relationship with that subcontractor. That plant by the way, is not in sin. John is in Qingdao in something province in the east, part of the country Singer songs on the West, So you're absolutely right. People are being transported around the country to provide labor, which we call forced labor. But which, Really the correct term is slave labor now, But the Department of Homeland Security announced that they're going to detain shipments containing continent cotton products originating from This the Jing Yang production and construction Corps now by them moving these these camps around the country would that make it difficult for for us to crack down on cotton goods coming in from China, and I and I find it interesting that the Department of Homeland Security could do it there. Why can't they do that then also cracking down on things like sneakers made by slave labor? Well, they had the authority to do that, because it is a crime to import into the United States products made with forced labor and certainly slave labor as well. What we occurred yesterday was there was withhold release order as they're called, and the Trump Administration has issued about seven or so of these since July with regard to products made by wingers and products made in the sin, John Region on Dis is the last one is the strictest one because it does apply to the sin John Production and Construction Corps, which by the way, is a semi military semi governmental organization, which is absolutely enormous. It controls like 70 to 80% of the cotton in the region, which is most of the cotton in China. So this is a significant order on the part of the Trump Administration. They deserve a lot of credit for it. We need to have rigorous enforcement going forward. Not just now. Gordon Chang. Thank you, as always, Thank you very much, guys. Thanks. So this is the best of mornings on the mall. That's DHS acting Deputy secretary Ken Cuccinelli, who joins us on the line Right now, I want to ask you about something that DHS is involved in. And we saw this really this week. And he said, Boy we gotta have Ken Cuccinelli on DHS is Blocking the import of cotton that's produced in China by Chinese slave labor and apparently being put into American products that we as American consumers purchase. Tell us about what's actually occurring in what DHS announced this one. The Xinjiang province is in the northwest corner. Of China, and in that province, the Chinese government is holding an internment camps somewhere between one and three million. Weaker Muslims, Kazakhs and other ethnic and racial and religious minorities literally in concentration camps, and they don't even deny it anymore. But they do say is well, it's re education. These extremists there's air. There's a variety of things, they say. But One of the things they do with them, in addition to torturing them and killing some of them and sexual assaults, and every awful thing you can think of in a concentration camp is they forced them to do work. And one of the industry's in which forced labor occurs is the continent mystery and in China. 85% of all of their cotton production comes from the Xinjiang Province. And in that province. This company X PCC is far and away, the biggest not only producer, but they also run concentration camps. Or the Communist Party, so they literally provide the labor in addition to just being a business that's participating in this, so we blocked all of those products from coming in. Now, there could be a challenge in spotting the products because they could raise the cotton and sell it to another company, say in Vietnam, and they make shirts and then ship them in. I think we can figure it out backwards will block the shirt's coming from Vietnam on Dwyer developing technology to get better at doing that. So it was a big deal. We had an enormous amount of industry interest because X PCC is such a big player in the big hit this week. Chinese slave labor Can.
Supreme Sells to VF Corp. Will it Sell Out?
"It's an entrepreneur's classic dilemma. Can we keep the culture that makes us unique and made a successful and still sell our company. Nowhere is this dilemma more stark. Then with underground street where companies supreme which recently announced that it selling to fashion conglomerate. Vhf corp you know. Vf the ten billion dollar company that owns nineteen brands including north face vans and timberland well in case she were doomed scrolling in miss the big news last week. Vf announced its deal to acquire supreme. For a couple billion dollars it's bs big acquisitions since it bought timberland and twenty eleven also for just over two billion dollars bloomberg reported. Now you've probably heard of supreme but just in case it's a streetwear company. It sells branded. T shirts hoodies hats and their fashion. Ain't cheap. The label launched with a single skateboard shop. In new york city in nineteen ninety-four the brainchild fashion designer. James jeb jeb. Lia will remain at the helm of the brand supreme at big by doing everything. Mass market brands don't do it. Amplified scarcity in a big way. Supreme spent almost nothing on marketing building. Up word of mouth instead. According to cnbc it opened brick and mortar stores. So slowly that. Today there are only twelve around the world and you couldn't just walk in to make a purchase. No the only way to get supreme. Fashion was to follow them on social media like a hawk waiting for them to announce random drops of merchandise. Today those drops our weekly getting a spot in line for the privilege of buying anything was intentionally almost impossible at the height of their popularity. Wannabe customers would camp out in tents or sleep on the street to get a spot in line. The next morning teens also commonly spent a couple of hundred dollars to purchase online bots that notified in the second clothing dropped but that notification guaranteed nothing products could be sold out in less than a minute that strategy in turn created hot resale market t shirts and hoodies that originally so for sixty to eighty dollars could fetch up to a thousand bucks on ebay and other resale sites. The supreme red and white brand became so magnetic that the company seemingly could sell just about anything by slapping the logo on it from kayaks to a pyrex measuring cup to a brick literally. You can still buy a supreme branded brick resale sites stock x. It'll set you back. One hundred and thirty dollars though according to cnbc and just for fun and unbranded brick currently cost sixty six cents. At lowe's the company also pursued its famous collapse strategy. Working in tandem with the f. Corpse vans timberland. North face to create supreme branded footwear and apparel partners included designers like gucci and louis vuitton even colgate toothpaste has a partnership with supreme for vf. The deal signals a strategic. Step forward in what it is called a transformation plan in recent years. Bef has begun. Divesting less edgy products. Like work. where it's off wrangler into its own company and is building on its prowess in athletic streetwear. Its stock price surged on the supreme announcement. Its biggest gain in more than thirty years according to bloomberg. But here's the really big question. Can supreme keep expanding by making its products. Hard to get under the umbrella of a fortune five hundred company with its eye on global growth. Bfce's the street where market is a fifty billion dollar opportunity. Supreme reportedly earned half a billion in revenues last year the f. plans to add new supreme stores around the world. The new york times asked kent supreme. Stay cool while going corporate seemingly. The answer is yes. After all one of the country's biggest private equity firms the carlyle group bought about half of supreme for five hundred million dollars in two thousand seventeen that deal prompted the same kinds of questions about authenticity but supreme continued to grow. Not everyone sees a smooth path forward. However matt powell is a senior industry advisory at retail consultancy npd group. He told the website high snow by the streetwear market is based on scarcity scarcity and growth are oppositional. Oh and one other challenge ahead for vs. It'll continue to allow supreme to do its famous collapse with partners outside the f- like for instance the f. rivals levi's and nike from the outside. That looks like letting your new spouse still collab- with other partners does it. Not and of course we all know how well that can work out in the end. Success will rest on whether the acquisition will juice revenues and profits for both partners. The f. is confident that supreme can become a billion dollar brand. If that is supreme can hang onto the cool rebellious image it's cultivated since his unassuming launch or than twenty five years ago
Success Strategies from Combat Veterans Deliberate Discomfort MAJ Jason Van Camp - burst 12
"You're fighting now. You're winning what does that. look like. what does it feel like to you. And that's how you establish your culture to me a catch like nike. Just do it. You know and And really to establish the right culture. You'd have a sit down with each of your employees and find out what they want to do. What are your values employees person number. One what do you want to accomplish. Why are you here at the end of the day. What's your y you know and if i can help you accomplish that you're going to be loyal to me and you're going to be determined you're gonna be resources more. You're gonna you're gonna figure out how to get things done and and you'll buy into me because i bought into you and that's how i believe you really establish that culture does name. Jason band camp Books deliberate discover listen. It's it's really great book. Here's the thing how the book is designed the book designed where he literally takes you when he's a captain he's taking you through first days. Basically and he's interviewing person after person after person who served and learning about his people in different types people and these people have amazing stories that served many lost limbs and And fought depression and other things and how they came back from. The book is is filled with the stories. But here's the other thing. And you're hearing from jason now. It's filled with practical application of what to do and That's that's the beauty that's one of the beauties about this book and Trust me i he he will. The book will kick in tail because you because it does. And i want to get to the dragon rusty chapter six. And we'll talk about that because rusty rusty is one of a kind if people don't know rusty where if you're your football college football fan you do because he is one of the most intense strength coaches in the country and every every person respects him out of there and he is one tough dude and i don't know if he said or you said it but you may of said it When you're in the suck you need to be prepared. Preparation does not start the day out. it starts now. We don't rise to the occasion. We rise to the level of our training. So what did you ever been to military through. Words have been spoken across the way ally. I can agree with you more. Thanks for all the positive feedback from the book as well as on the show you know. Would this success look. Like how'd you qualify you qualify. That is right. you know to me. Success is this defined as is happiness happiness at least for me true happiness from serving other people so you don't rise to the occasion you fall to the level of your training. You know how it is and so when you're in the military you're only as good as your training and you're only as good as what you're going to tolerate as a commander if you tolerate People being late to meetings if you tolerate of sloppiness if you tolerate bad shots on the range will guess what you just bought all that stuff as commander right right and Chapter three talk about it with matt janey and it goes something like this. We don't practice until we get right. We practice until we can get it wrong right. And that's the mindset that we had in the special forces and our company this is. This is true though you know the level of training is this is true. I think being a parent i think when things that i think about and of course my my my son is older now and but you know as a parent you know what we what we don't correct we accept yes as a parent you know and i think there is a there is a danger because we love our kids in you know but the truth of the matter is if we if we. We're actually doing a disservice to them right and the same is true in the military. We're actually doing a disservice to the team. If we don't correct along the way. I got that wrong or mike. Kind of in the right ballpark anywhere. You're nailing it. I'll give you another example. My wife should. I walking along a river trail outside of our house. You know and there was a little kitty. Little baby cat. There was abandoned by its modern about a month old or so is typically when the mothers abandoning their children you know. It was just meowing and the to meowing and my wife's heart went out to it. And so she tried to coax it out and and i caught it and my wife was not a huge animal lover. She's like let's take it home. Needs to come home. You know so we take it home we feed it the milk and we give it through and we love it you know and it's starting to grow and now this cat is the most needy cat you could ever imagine. You know like this. Mike this thinking to myself. I'll put this outside. It can kill some ice for me. We've got a big garden on. This guy will be useful. This cat just sits by the sliding glass window. Would i put it outside and meows all day until we let it in you kidding me to the point where were not letting you gotta figure it out yourself but you know so now. I go into my office which is in the basement. They cat walks around to the front lawn and hurls itself into my window. Well because it knows. I'm in my office with a window. Well and basically traps and self in the window like bangs on the on the glass window knee to it in i think to myself you know how much better have been if we just left that cat where it was tough to learn how to haunt you know what i mean like. We did get incredible disservice by being kind to it being kind. We're being cruel to that being now. It doesn't know how to live without us. You know what i mean. Just it's the same thing with
"nike" Discussed on Masters of Scale with Reid Hoffman
"If you don't take your training seriously who cares what you wear. But there was a flaw in that plan to go all in on the serious runner. The number of people who aren't they had defined their target audience so narrowly. They made themselves vulnerable to the competition. The eighties we got a brain speed out by upstart company called reebok and they basically focused on women and they focused on what the shoes looked like and we hadn't really focused on the appearance of issues. We said if she performs and a great athlete or is it it'll sell and so all of a sudden designed became important to us because we are losing market share for bad design if you will by the nineteen eighties sneakers or well. Integrated into everyday fashion. Men wore them with suits to look a little rebellious. Women wore them in place of high heels on their way to the office. And it wasn't just reebok mike. His old nemesis adidas were also surging in popularity in clout after performing their song. My adidas at madison square garden the rap group run dmc a million dollar endorsement deal on the spot. Nike was bleeding market share and there was no sign of it. Stopping speaking only to the driven market was not going to deliver a win. So nike pivoted back to the swoosh talking precisely to everything surrounding it. We went back and and got an emphasis on design. We had a young designer that we kind of put in charge of all those design. His name was more parker freshening. The look of their shoes was a good start and style has been an integral part of nike strategy. Ever since but it wasn't enough they also had to pivot their sales strategy. They needed to inform the non elite athlete. The nike was for them to and we said well. Maybe we should try some advertising after all. If this seems like it should have been a no brainer. Keep in mind would fill told us at the start of his episode. I never thought. I was sales personality to fill. Their shoes. shouldn't have to pass the fashion test. If nike was trusted by world champions. What else did you need to know. But even he had to admit was time to connect the reputation of their branding and their branding to a wider audience. What they did next would soon change. Everything will be back in a moment after a word from our sponsor.
How Andbox Has Strengthened Ties to NYC During Covid
"And today we are talking and black eyed relatively new organization that is house right in New York City and is found immediate success in a few e Sports to talk am box. We have Rohit Gupta the co-founder of Chief product officer for a box. I'm sorry about that and we'll cutrone director of communication for an box Rohit. Thanks for joining the show. Thanks for having me at will I'm exposed to have you on the other side of the mic this time actually contributed to the show. Thanks for coming on happy to be here and yeah different different experience this time. It's a little bit odd to not be on the muted one. Now. You got the pressure on yeah. Yep. Yep. Glad to be here. So in addition to co-founding airbox road is also a partner at Sterling Venture Capital where he's worked for the last six years or so, but today we're really focusing on an box. There were the major organizations that pops up alongside the Activision Blizzard franchise leagues. They started with a top-tier team in the New York Excelsior and the OverWatch League before adding the New York sub Liners in the Call of Duty League. I had Mac the New York sub liners rookie on a show a few months back. He talked about how awesome it is to be played for an organization that Embraces New York as such a core level at both teams have found early success of cemented themselves as to AJ Ki tips to the key Brands really going forward about the OverWatch of Call of Duty leagues, but am box also expanded outside of the franchise world, at least for now by signing a valorous squad and she said they're based in America's most psychotic City and am box is closely tied their brand with the streets of New York that includes embracing the fashion world that covers the city a part of a Major Brands like Nike and create a unique collections for an box truck. Is a pro players it also includes the platform Battle of the borough's the first event was held up in summer as eight regions in and around New York field of three person teams in addition to the five iconic boroughs of New York Queens the Bronx Staten Island Manhattan and Brooklyn and box also included Upstate, New York, New Jersey and Long Island to really encapsulate the entire region Battle of the borough's plus a few more enslaved turn this fall as Connecticut joins, the mix in addition to those eight other regions, each event has had a price full of $50,000 and is held in fortnite registration is already closed for these fall match. The matches are set to begin on November 6th with the regional finals of December 13th at the Grand finals on November 20th. So we'll is director of communications. I totally get why other regions had to be included around New York, but I found New Yorkers could be a little bit testy about their Burrows. If you had any pushback from New Yorkers of the inclusion of those added regions like log, I like, Connecticut and upstate, New York. You know, it's funny you say that, you know, I grew up in Queens, right? So I definitely fundamentally understand the the amount of pride that that New Yorkers have when you're looking at a local metro area. I actually think that us going to more inclusive route and in bringing in, you know, Connecticut, obviously this time parts of Upstate New York and New Jersey. I think it actually just adds fuels the competitive fire. I think whether you're from Brooklyn or you're on the other side of the river in Jersey or Staten Island, there's there's always something special about where you're from and there's always something you don't like about where someone else is from so, you know, the the lines have been have been drawn in traditional sports for a while among a lot of different professional teams in New York and different sports package and we kind of embraced being New York see Sports org and and welcoming the larger tri-state area metro area if you will and we thought it was actually pretty fitting so long. We we really didn't get any pushback. I think that everyone was just kind of be here to jump in and compete and so who who was the best Long Island? Obviously one of the first competition so we're excited to see if Connecticut coming in now shakes it up a little bit. I love to see it. You know,
Senate Control Still Unclear: 2020
"Come on members of Congress in Georgia, faring pretty well on election night, But there are some new faces goingto Washington from our state as well. First of all in the sixth House District Democrat Lucy McBath, defeating Karen Handel in a rematch between the two in the seventh, which encompasses for Sy thing, Gwinnett County. Caroline Bordeaux, edging Republican Rich McCormick. Now the Democrats who won reelection Sanford Bishop, Hank Johnson and David Scott. Republicans returning to Washington include Buddy Carter, Drew Ferguson, Austin Scott Barry Loudermilk, also Rick Allen and then Jody Hice of the 10th district. No faces in the fifth District Democrat Nike, Mo Williams, easily winning John Lewis's seat. And then, of course, Republican Andrew Clyde victorious and the ninth District in North Georgia, considered the most conservative district in the state. We are still waiting on the result of one of George's US Senate race is the race between David Perdue and John S off remains too close to call. We do know, however, that Republican incumbent Kelly Leffler and Democrat Raphael Warnock will meet in a run off for the other Senate seat. We're not thanking his supporters last night, you for pushing me one step closer. Of the Senate because when I get there you will go with me. Your concerns will go with me. Your issues will go with the runoff for the unexpired term of Senator Johnny Isakson set for January 5th Republican Congressman Doug Collins of Gainesville coming in third in that race.
XSET's Wil Eddins and Clinton Sparks on Music & Merch in Esports
"Also just the overlap of celebrity with gaming that we've seen and how that also translates into Church Street. We're so starting pretty broad couldn't I guess I'll start with you with someone who has deep into the top level of the music industry. How have you seen Stars changed their perspective on gaming the last few years. It really feels seen a lot of acceptance of gaming and embracing of gaming from a lot of the most popular musicians of the world. Well, I mean, it would behoove them to get familiar with the community in an industry that is as large as gaming in E Sports is because they have their music which is also a big component in streaming and gaming so it would be advantageous for them to get familiar with that wage base. So they can interact with those celebrities are streamers and games over there to get more exposure for their music but a lot of a lot of athletes and in artists are Gamers themselves off. So, you know used to be two separate things these guys over here and those guys are over there and you know throughout my career. I've always been the bridge between different Industries and connecting them together. So that's one of the things that we did really big at our last organization that we intend on doing even bigger here at exit. So, yeah, I think gaming in in in I said this before gaming in music has always been always been basically dating they've been like a booty call and it just never committed. You know, I mean, I think just now they're actually realizing like, oh, we really love each other like why why are we like hanging out more about Netflix and chill? So I think that's kind of what's happening with music and Gamers and streaming and and musicians all together now, It's been pretty crazy. I think a lot of it started with the Drake and ninja fortnite stream, but prior to that people like Deadmau5 were on Twitch way before it really took off as a platform and there's you know, quite a bit of sampling of video game music over the years and tons of this different crossover will as you've seen it from a merchandising and fashion perspective. We've seen Esports and gaming has become things that a lot of artists like to wear onstage that athletes are walking into games with how have you seen that change and how and building as somebody who built phase into one of those brands that have seen odd the chests of many different celebrities. How does the crossover of celebrity into gaming help you from a merchandising and fashion perspective. So I you mentioned the juju moment with Drake and Travis like I mean, I remember being in the office with Greg and Clinton just saying like wow, this shit is validated now, like like the mass. The youth in urban and pop culture is not Embrace Esports and gaming. So I was like, you know, since we have such an extensive background in a parallel fashion, I was like, we need to start reaching out to our friends and family that are also still like, you know, not very like familiar with e sports but like if we were to reach out to them and let them know like Now's the Time like do projects with the Esports organization like we would break ground. So I mean getting getting product onto like whether it's celebrity or just like, you know, the day-to-day gamer or the cool guy or cool girl in school. Like I just thought like we just need to, you know, reach out to Heritage brands that you know, the E Sports gamer communities are ready have a brace and wearing on a daily and just you know outfitting and working at it into their you know, their closets by merging, you know, that these sports or gamer brands with them. It's it was it was a no-brainer, you know, like people, you know, people walk all you know walking sneakers and he's he's all day but our Nikes but how cool would it be if it was paired off with an E sports or gamer bread, you know, so it was an easy. Was it easy marriage? So to speak absolutely those Partnerships are so crucial when building a Brand New Jersey too big a massive icon and in the same time frame. Coincidentally, we've also seen all the major athletic apparel Brands Nike Adidas Champion Puma all do a lot more work in Esports and gaming in general. So there's been a ton of those crossover opportunities as you now move to exit where you've got a new brand that was created just this last summer is now working at a bunch of different games side a bunch of celebrities or some of the challenges in building this new brand into one that encompasses that same level of passion that you see for other stray dog. Brad's at the gaming world, right? I mean, I don't think there's any there's any challenges if you don't mind me jumping in there cuz we're dope and we're doba what we do and we plan on different people build stuff. So I will can add on to that. But yeah, I mean he's right right, but you know, we we've learned how to Pivot and understand what we're doing is super new in that we don't have an existing. We didn't have an existing audience. You know, we we came straight out the gate and we knew if we were going to do it we had to come with some heat or just something where it would make it a great impression. So I mean the challenges are a like a month. It's going to be trying to find who your customer is and what they'd like and if they would like, you know, the things that we're presenting based off our tastes and you know the design that we're putting out so it's like you're you're basically throwing out a line and seeing what kind of fish you can catch right and then the other thing is, you know, supply chain like pre covid-19. Big problem, you know Finding inventories and and blanks and you know even just working with companies during this time was like the the time lines and production often times where hard to work with so we had to we had to work along those lines and figure it out. So we also be at home about it because
Taylor Welch On How Inexpensive Products Drive High-Ticket Sales
"We're Roland Taylor how you doing. Amazing or you Gus Rocket? Or happy to chat I, think the last time but actually when. You visit riches event rich. Shefrin in Florida. It was right before the. Movie Madness. For the world shut down did man. A massive gavitt gathering of people for twenty four hours. Like the covert thing wasn't even on my radar at that point like I hadn't even been thinking about it and then like within a week after we got back it just like went crazy. I think the travel bad had just happened and and then it was like. Everything went to zero. I remember thinking I'm like there's no way. There's no way that everything's GonNa shut down like it was in Europe and then starbucks closed and I was like it's over. Over. starbucks capitulated. We're all done. Point and then it was not that long over here. That was like the only thing that actually somehow did reopen I or stay open ended. They just had the longest lines in the world I might not no one makes coffee. Tea. Sarah Okay I was just in Charlotte. It is bad. They're still because. do do you go to starbucks? They could have like three people in the shop saint we're open here. Everything here is open in Nashville because we're not traders. Charlotte. Still I remember just being like what is going on was like fifty people at Align de man I would not wanna live here right now. To the Queen's city but. Put your mask on and going there I guess right did he goes still kind of like half shut like half like restaurants and stuff are kind of open like minimum capacity I think our gym's open yet but I think Close I don't. That's why. On. Gyms opened up because there's a gym in La Hoya that I'm Jay described to you because every time Jim they opened August thirtieth August thirty first. Let me guess you go to dit. La Hoya fit club or something. Yeah. Yeah. Because standard bracket stand to our buddy goes to be so yes, I. Do think it's open because I've heard him say Nice Nike solved. That I know that. Much to the gym. A. Gym. On A. Workout harder. So we're talking about working out I don't think but gives a scoop man because we. We've been following you guys for a long time you in Chris Evans you guys are partners traffic and funnels a physical newsletter. What the memo's I think it's called right Think, they changed the name to insiders access but. Hey Go. Yeah. It's cool because it's like short punchy just gets to the point I think monthly. Dirt cheap. So it's kind of a no brainer. That gives us a scoop of your story, dislike a little brief background, and maybe you know at t.f, trafficking funnels and all that. So. I started freelance as a copywriter in two thousand fifteen. and. I'm at Chris in a mastermind that was run by Ryan Leveque time, and if you haven't had heavies awesome already know him. So he he was a mentor of sorts to me back in the day. I met Chris in I. Think it was called like. You guys remember this this NASA got on facebook next level or next level masterminds Ryan levesque's thing. Yeah I remember. Yeah. Now, you can't call anything next level because it's so cliche but he was one like back in the day it was also. Who some next level shit back and it was the next level stuff. Exactly. So, Chris was doing advertising just space book advertising and I was doing copywriting and we met. Some. Of the stuff that I was doing, wanted it for some of his clients. So we kinda disconnected we sent clients back and forth for about six months in eventually was just like the list of partner up and see what we can do because I'm sitting implants you're sending me your clients, but if we could put it under one roof, you know it'd be amazing started agency. So we did the agency thing for a couple of months and it was great we. In the first three months we got up to like twenty, five, thirty game we started consulting in January -cause we were. We were doing work for people, but there were friends were asking us what was going on we that we started doing education because of that Excuse me a little Kobe remnants here. Not, really all. Now really okay. So we stopped, we actually hired a guy named Sam in January of two thousand sixteen and he looked at our economics in our business model and he was like you guys are GonNa make way more money. If you just teach the ropes rather than doing it, you're like I oh, you know we we kinda like doing it and but we got so busy on the consulting side that our prices were like two hundred brands of the funnel people don't WanNa pay that. Ended up. Yeah. We kinda discontinued it just from pricing so His been it's it's actually just hit. It's five year mark. says. It was actually started in September of two, thousand fifteen don't. We just crossed over that threshold twenty twenty. So it's been around for five years. started. Go really fast two, thousand, Sixteen Golf we were at half a million dollars a month. By the time we got to the beginning of two thousand seventeen be Kinda got stuck there for a little bit lassoed out of two thousand eighteen we started hiring a team did everything wrong lost the team tried again lost that team to but by the? Nineteen it pretty good team. We had a really good operator who came in our coo in we started sales mentor. The beginning of nineteen sort of wealth gap mid two, thousand, nineteen. We just acquired a business in Australia a couple of months ago. So now we have A. Four or five businesses kind under this portfolio of companies anti is it goes back and forth from being the biggest to the second business at biggest business actually. So kind will know for is becoming the second largest in the company of the portfolio companies
Becoming the Director of Your Life - with Fritz Brumder & Jerry Colonna
"A. Fritz. Each. You could mean, she was jerry thanks for coming on the show before we get started. Wanted you just take a minute him introduce yourself. Sure my name is I her I am the CO founder and CEO of a company called brand lives. We are based in Portland Oregon and I've recently exited the business in now I've moved my family to bend, Oregon and things are going really well right now. But. Wasn't necessarily always that way. So we'll get into kind of Janta Printer Journey of brainless. Was the. CEO. Wasn't the. Would it be helpful to talk a little bit about the was the CEO Journey? Yeah I think what's most helpful for me I. A now out of the company that I started it was. Over a seven year process, but we are really in a hard for seven years. had one co founder in the company, but he was just really on board more. Of the initial co-founder Story a little bit more but. I am in a period where I'm still kind of decompressing from that process. It ended well on a minute. Really good spot right now. Have some breathing room and have time to think and be creative and and working onto passion projects and hopefully launched my next company. But as a result of some of the like. The turmoil I experienced as a result of starting in next thing, my company. There's a little bit of fear in that process of. One in my ready to. Jump. Back on the hamster wheel knowing that the energy and effort that it takes to start a company from Ground Zero just to give you a little bit of an idea of scale, we raised around five million in capital. Peaked at about fifty employees and contractors and. Had Global operations throughout the world live video delivery tool. So basically create communication and collaboration for product companies or customers were. People like Nike Levis go crow. So it was Super Fun ride for the vast majority of it, but also pain along the way. So. Maybe before we SORTA die being. Where you are now. And some that fear, and maybe we can spend a little bit of time sort of plotting out a little bit of a path forward. I think for context it won't be helpful to talk a little bit about. The transition out and what the last few months were like. Yeah. So my first question is, why did you leave? Well it's it goes back to about a year ago. So the company. was doing really well, we navigate a number of things that mentioned have one co founder and we we were a spin out company so. You know from the early company creation process, we navigated some pretty tough decisions very very well, and then we grew in that process was insanely rewarding fantastic management team culture, the company momentum of becoming the May. Top four hundred of Inc. five hundred list of I two to three years in business that we were growing well over one hundred percent those first couple years. On, and then just as the numbers got better know even though we're adding over a million in a are. The percentage growth rate was telfer and I started to notice some issues with my own in particular. I was just we weren't seeing eye-to-eye in. Too. Many situations. And started to become a problem out as we are trying to make sense of. Why is the company not growing over one hundred percent anymore Even, though we were making solid progress, it was. Challenging to make sense of that. I had one one venture capitalist one angel investor, my co-founder, an independent on board. So I was I mentioned been to rebuild circles and I was looking back at my journal entries from a lot of those sessions. There were times where I realized. I don't think I have the right border I'm not really managing my board the right way. and. I tried a number of different things to sort of realign redirect. But, ultimately, it led to me trying to make some changes on board. And then I walked into a board meeting. Only, two board members were there. Now, that kind of meeting goes and that was February two, thousand eighteen. And so they said, now's the time to hire a new CEO identify contest job for but. We want to his company next level we feel like it should be growing over one
Storylines from Roland Garros 2020
"Everyone John, we're up here in this week's sports illustrated tennis podcast late Wednesday night we have reached the round of four. We've reached the semi. Draws so Jamie and I will talk some tennis from Roland Garros and. We would try to keep it sufficiently general. So the school be absolutely by the time you're listening Jamie how are you? I'm good. How are you from a little little cold but no complaints it's been spin. French Open like no other, it's been an interesting interesting time so far but you know the the good news is Kobe hasn't really become the story, and if we're talking about the chilly weather and not a global pandemic, that's a win in itself. In here, we are at the business end of our second major in four weeks. You're cold or office cold. I think some other players are cold I think joke just cold I've seen a lot of PARKAS. I actually double check the weather temperature today because I said, how cold is it? Really there people are inferred jackets and you know Winter Winter Parkas I think some people look like they're going skiing. Is it really that cold I? Mean you're you have survived many New York winters what's going on? Oh boy I'll say a few things. One of them is that whatever the temperature is it is that an accurate indicator is has that sort of British chill where you're. Just coal to the bones. You know I mean obviously for for athletes it's it's different. You're running around your your body's warming up than stopping as rob pointed out I think some of this is just what people are accustomed to. There's a part of me that doesn't mind it. You know we we played tennis in extreme conditions or extreme heat must failure I think it probably speaks well of the sport that same players that win when it's one hundred twenty degrees or winning when it's forty nine degrees. I would say that I think this has had a bit of an impact, not so much on the level of play but I don't think the caliber of play has dropped because everybody is. Dressed like they're going skiing I think it hasn't changed the mood in the vibe and we've got Novakova did and it's it's just funny how these tournament sort of change as they progress but there there is not been as far as i. can tell a whole lot of Kobe fear doesn't seem to be much of the talk it doesn't come up much in press conferences. Does, players like Daniel Collins shoot it down, but it's been if this is not the French Open that people are used to and I thought at the US Open the apparel manufacturers missed a golden opportunity not to do more with the surface area of these masks. Why not put a? Cough alligator or Nike swoosh mask, and here it's time to show off the winter gear in the Lacoste and Nike. And Adidas Park aware because as soon as the vitamins you've seen like as soon as the players. Get done leaving the court they as a record it Patrick of did it they all put on Ski Jack So It's been a twist on the tournament but again I mean. For the last six months you and I have been talking about. Bubbles and pandemics, and how are we going to get athletes from all over the world? Into into a common spot. And the fact that the talk has been a lot about. Tennis and conditions and scheduling and doubles and singles in wide open draws. And not about players tested positive I think is a good sign. For sure. I wanted to ask you I was reading and piece by CPS ignore and he he said that you know it was about the handshakes in about, of course, how they're really not happening anymore the racket touch. is now has now replaced it, and so I actually thought twenty because in the past few matches, we've actually seen some players after you know after the match in in the t match, he did it and there was some others where you know. They go to the night in a do this very strange hesitant high five or maybe there is a little bit of an embrace and course you sit there and you cringe and you say, oh no, they're touching each other amino they're so close I talk about Kobe and all this What is Of the players talked about the handshake what about you just watching? On my end I feel like You know a lot of after really great matches long matches. It's nice to see two opponents kind of embrace each other or just kind of you know pat each other on the back for for a hard-fought match and we don't see that what what are your thoughts on on just the lack of handshakes in this cova time. Yeah. You see handshakes like if you have. I have this thing where like I'll watch an old movie your you'll cringe and say, no social distance, oh. Yes. This was a bill before March of twenty twenty. So, yeah you see these these. Sort of belly paths or the even the on the shoulder at the you know the net you know I, mean I always loved the handshake I recited would've tennis is nice quirks. You spend hours battling with this opponent, and then the very first person you bake human contact with is that same opponent When Ron Swanson say about handshakes after the for dry and. In three seconds or something like that it's it's great. Now I mean the racket tap is a little bit strange in some players are are not even doing that other players are as as you know, there are have been a couple of exceptions. Dominant team seems to be a a serial offender which probably ultimately speaks well of him and it has has actually gone gone the hand I. He did what after the US Open finally did there were some some contact against Schwartzman I. Don't know I feel at some level you've been. You've been hitting a sweaty tennis ball back and forth for three hours at your opponent is touch. you know none of us are perfectly convicted and our Kobe protocol and the same person who watches groceries is. Also holding the poll on the subway. Think I think we all have a inconsistencies. I have to think if you've been using the same tennis ball as as another opponent and your bodily fluid is getting on that same tennis ball I don't know if you brush palms at the net for a second to is that really so bad but yeah. I mean there are a lot of sort of jarring little twists I mean the lack of a crowd I think has been especially acute here in France especially when French players have taken the court because often the the fans try to impose themselves on the match here Dan. Is it really happening? it'll be interesting to see what stays in what doesn't I mean if I never see another ball kid and all towel again, that's that's probably a good thing It's very strange doing a courtside interviewed a math. It'll be interesting to see I mean I think we're already sort of looking to twenty twenty, one I suspect there will be him shakes at the twenty twenty one Australian Open because the players will of quarantine for two weeks and essentially what what I'm wants the players were there. And test negative in are in this this quarantine situations that they they don't even have to wear masks
A Conversation With Big Freedia
"Ri Babies, alright alright calm down. We talked to free and her five dogs from her home in New Orleans chef. So that's the five babies honey read offense. -Ation Yan. Say Royal and Farrell four girls and one boy and there are a hot mess right now 'cause they in heat. It is some stuff going on in here I'M READY TO WHIP ALL MED. Dig To grew up in public housing in the city's third ward and was super close with her family and neighbors as a kid free to pitched in with her mom's hairdressing business helped her aunt Organiz second line parades and saying in her Church's Gospel Choir every Sunday when she was in middle school in the early nineties, a new genre called bounce was starting to pop off in her neighborhood. It sounded like hip hop mixed with New Orleans brass band beats, and Mardi Gras parade chance. was planted like at the you know in our community and it was planted at the block parts at like the middle school dances and baby you hear that beat come on, you'll hit booming. You'll hear that trigger male. Brown. Cheeky Black Party was MAPA give because everybody getting hype an people starting to go crazy all the girls thought in the running these thought notorious though I'm getting excited like I'm saying it right now my leg was shaking my hands are moving because I'm featuring bill. You know I'm I have my hands on a flow in my feet on the wall and I'm upside down like shaking and. When you heard it is just with like infectious everybody just started to spray and we were just. In on rhythm in an hour own motion. Caroline, my legs were shaking right now to and. Not. Even they're not even those. Same So when Frieda was around twenty in the late nineties, her longtime friend Katie read emerged as the first trans bounce rapper and basically became the godmother of the genre and watching Katie. Read on stage really changed fritos life. Lock them. Why? Pay Him. Why We were friends before she started doing the music. And to see her. First doing the music our so. Happy and so excited because it's like damn my friend doing this. You know what I'm saying and she the first Gaiger in new. Orleans, like this is big. This is a part of history. This is you know this is a tone Saturday it was the thought of something new and fresh for her and us as friends and Orleans and. It was like an incredible moment like I'm just glad to be a part of that moment. fritos started helping Katie out dancing backup for her and helping her in the studio. Eventually she started performing herself using a nickname of friend had given her big. Frida. I was just like I gotTa have a face name that these girls is not gonNA forget I want to do something different. You know that everybody was doing. You know we had already we had Katie Ray we have Vaccari do I say, well, what's GonNa make me stay out different from them. So I when I do my stage introduction I was say this the one and only big the queen diva the either your best up on leave and the crowd would just go crazy and if you owe. Her name. Lucy. She created diva the. Believe. The late Nike.
Companies seeking out potential employees with autism
"Autism is a developmental disorder that can affect how the brain processes information. People with autism have a spectrum of abilities and disabilities. Some are unable to speak or care for themselves, while others can live on their own have unique skills like excellent memory or attention to detail. No matter where they are on the spectrum, many adults with autism have a difficult time finding a job. Even making it past the first interview can be challenging. But that may be starting to change. As we found out more cos they're discovering the potential of people with autism, and some are now actively recruiting for talent on the spectrum. All right, and then just head on over here Doing a television interview could be nerve wracking for anyone. But for people with autism. It's potentially overwhelming cameras, lights, microphones, not to mention having to shake hands with a stranger. But last winter before the pandemic, five adults on the autism spectrum agreed to talk with us about their struggles finding work. I was unemployed for three years. I just kept receiving one rejection after the other. Eric Roland has a bachelor's degree in sociology. How many jobs do you think you applied for? Countless can't even count about 100th. How did that feel? T get so many rejections? Well, I I felt useless. I felt Feel like I wasn't getting anywhere off life. Brian Evans and Philip Mitchell were diagnosed with autism is young Children, Sarah clients, and Brandon Novak. Not until high school. I was being a person with autism make you different than a person who doesn't have autism. You see differences? Oh, yes, I do see differences from person to person with me. For example, I'm good with numbers and good with mathematics. Differences in communication were pretty common. On what I've seen, like, especially with like nonverbal communication like body language and stuff. What would you like people to understand about autism, black of thie ability to communicate doesn't equal intelligence. Clearly they have talents and skills. We stay, Friedman hired Sarah and the four others at autonomy works. A tech firm. He started in 2012 to proof read digital content. And manage data for dozens of companies like Nike and Nissan. There are 32 adults on the spectrum here now working from home due to cope in 19, including Friedman's 25 year old son, Matt 102 yet Nothing beats sort of sitting in my office and looking over here and seeing mad at work, and the job is really given him sort of a whole nother purpose in life. Do you like the job? Yeah. I like that. It's a quiet office environment. Remember getting your first paycheck? June 22nd 2015 today. That's AH Did you worry a lot about what would happen in that when he became an adult for a long time. We didn't really talented with numbers really good with detail. So we figured that there had to be jobs out there for him. What we found was horrifying. Like there's there. No jobs, a child with autism, reaching 18 or 21. Suddenly it's Cliff. People talk about a cliff. We're graduating to their parent's couch. Winds up happening is a transition from structured school, setting into their parents house with really very few prospects Back in 2011 I was the idea for autonomy works came to Friedman when he was head of marketing at Sears, He oversaw hundreds of employees checking the accuracy of advertisements in newspapers. And the thought occurred to me. Matt could do this. This appeals to exactly the kind of way that Matt thinks and processes information. A lot of very small, detailed information. Yeah, it seems like a small thing. It seems like 21 24 verses 29 24, But there's tens of thousands of dollars of costs that sit in that error. Autonomy Works employees monitor more than 2300 websites a month for accuracy and quality. Friedman says they're extreme attention to detail has led to a 90% reduction in product and pricing errors, and they're so good at
Who was Sirimavo Bandaranaike
"Today. We're talking about the world's first woman to lead as a prime minister. She defied all expectations to take her position and permanently changed the legacy of her country. Let's talk about CD Malvo Nike. CD Malvo Bundle Nike was born city map rap lot on April Seventeenth nineteen sixteen, and what was then known as the country of Salen. She was the eldest of six siblings. Both her father and mother were prominent in the Sinhalese community. That's an ethnic group that forms the majority of the population of Modern Day Sri Lanka at the time saline was a British colony. Cassation many of the top families in the country took on governmental roles and British names even said, he must father Barnes rat watt was named after prominent British general nonetheless, city must family care deeply about remaining Buddhist and preserving Sinhalese culture wherever they cut when city matern eight her parents sent her to a Convent Boarding School in Colombo the nation's capital under the British colonial rule. This was the best possible option for education. Still, her parents also took care to maintain their cultural traditions native language. When city finish her education she spent years touring the country doing social work including delivering food and medicine. She hiked through jungles and rough terrain to help organize and develop Bilas as a result, she gained a positive reputation throughout the island. In nineteen forty city my married a top government official named Solomon West Ridgeway Dias. Bandaranaike in a grand high profile wedding. The two were considered a perfect match. While city must husband played a more anglicized role in the colonial government city, my herself understood the needs of those living in rural areas. Said Ema, and Solomon had three children. Initially said he must professional role was largely that of an attentive wife. I nineteen forty-eight Salen was headed towards independence from Britain and city Mos home was packed to the brim with her husband's political associates, discussing strategy and the future of the country Solomon viewed his wife's role as a submissive one. Still she became a valuable political consultant. She was the one who convinced him to resigned his political position in nineteen fifty one. After he resigned he created the Sri Lankan Freedom Party or S L F R, which sought Sinhalese control of the country and a democratic socialist government city. Ma. Aggressively campaigned for Solomon in the following years and by nineteen fifty six, he won by a landslide and started instituting left wing and Sinhalese centered policies despite this victory, some of Solomon's political action. So divisions and tensions between salons various ethnic groups including the Tamil people in one thousand, nine, hundred, eighty, nine, he was murdered in his own private garden. City Mo was devastated even so she took action to fight for her husband's legacy. The very next year sitting you took leadership of the Party and was voted in as the world's first woman prime minister she would serve as the leader of the SFR for the following forty years. City must served as prime minister on and off over the next few decades prioritizing the same democratic socialist policies as her husband, she strived to raise the quality of life of her people and to reduce the overall inequality in her country. Following a win in the nineteen seventy election city. Ma introduced a new constitution that ended salon status as a British Commonwealth realm and renamed the country. Sri Lanka. Her focus on empowering Buddhism and the Sinhalese people alienated the Tummy people during one term in power. An uprising against her party had to be defeated with international military aid from India and Pakistan in the nineteen eighties. Economic troubles in the country accusations of corruption led to a crushing political loss by nineteen eighty-three tensions between the Tamil and the majority Sinhalese people boiled over into a bloody civil war that lasted until two thousand nine. Sumita attempted to repair the damage caused by discrimination against the Tamil but the divide was severe and her political power was waning along with her popularity by nineteen ninety, four city Mas Daughter Chandrika became prime minister, and then later the president of the Country Chandrika appointed her mother as prime minister but by then the constitution had changed. So the prime minister position was only supplementary to the role of the president offering little actual power. Serena remained in some form of office until a few months before her death she passed away on election day shortly after casting her vote at the age of eighty four. Though city Malvo's political legacy is complicated. She paved the way for future female heads of state and lead through political hardships with strength.
The Obviously-Going-To-Die Stocks
"We're going to start with the stock of the day. Don't call it a comeback bed bath and beyond has been here for years. It's just all that time someone else was running the company but now that Mark Trittin has been in the Corner Office for about a year. We're seeing days like today second quarter profits came in exponentially higher than expected. Same store sales were positive for the first time in four years. The stock is up more than thirty percent this morning. I'm assuming at least part of what we're seeing with the stock is some shortsellers saying that's it. I. Think. I'm. Probably. Bed, bath, and congratulations to march written and Beth by best buy bed bath and beyond. For this quarter, March, written formerly of target, of course, and a few other places before that, I think Nordstrom's and I believe. He had a stint at Nike to could be misquoting. This bed bath and beyond is in a group of companies retailers that I like to call the obvious obviously going to die crowd. And the funny thing about companies that are obviously going to die when they get the right mix of management decision making and in some help from the environment and you know just a little bit of because no one's more aware of a company's struggles at least no one should be more aware of a company struggles then the people inside the company. And that's when you plan your strategy. What are our tools? How can we navigate our way through whatever we found ourselves in business is not easy and certainly for this group retailers that I'm Gonna I'm GONNA hold up. Bed Bath and beyond as one Chris. But you know how about Game Stop Game Stop. The seller of video game systems and Software that of course is going to be the next blockbuster. Right if they writing that headline since two thousand and nine, how `Bout Michael's the craft store everybody knows I. Y has an Amazon run over. And the granddaddy of all of these. Companies that are obviously going to fail. They're obviously going to be taken bricks and mortar is dead is best buy which just before the podcast we were talking about how? How many listeners? Realize, that best buy has been at ten bagger over the past decade they went through some struggles they brought in new management. WHO had a plan? and. I'm sure they were mocked and I'm sure people were skeptical and they executed on that plan and best buy, which was a sub twelve dollar stock in. Two Thousand Ten two thousand eleven is today roughly one hundred twenty dollars stock. And so when you see. I'm a kick myself a little bit on dust by iron best buy bed bath and beyond his too many bees. Bed Bath and beyond. I actually did a little bit of work about a year ago as I was discussing with one of our with one of our foolish coworkers. About this basket of Taylor's who are sure to die. And we had this one. We had game stop we have Michael on the docket and I went through you know what this company's history of cash flow was and what they've done with it and how they've raise capital, and this is before Mr Trenton came on but I. It laid the groundwork for someone with. A better vision to come in and knocked the ball out of the park which you've seen today and and best bed bath, and beyond is as we speak it's now a six th bagger since March of this year and so in the a roughly a year ago when I did my work because I was vigorously debating co I pointed out that in the previous six years here was bed bath and beyond had produced four point two, billion dollars in free cash flow. They had also issued one point five billion dollars in debt and debated smart about the debt because the debts. Basically staggered I think is a ten twenty and thirty years. and. They have to pay it back anytime soon, and they had gone on a massive buyback program. They've they've retired a ton of their shares. Now. Slowly melting ice cube no one's going to want to own this business what have you. But at the time the stock was about ten eleven dollars the company is training but four times enterprise value of free cash flow. that. That is rock bottom fools that is something that is going to go away. That's what the market is telling you. Flash, forward, to today and oh positive cops. Oh. We have a plant. They've they've suspended their dividend they've they've halted their. They've halted their. They suspended the dividend halted their share buyback plan I believe in. April. But with this. With this. report, they have generated a ton of cash flow. They've deployed it smartly they took down some temporary which they had out as part of the PARCO vid. They have bought back twenty percent of that long dated not in any danger to come calling debt they bought that back at a discount. Which is brilliant. They. So they're down to their down net debt down by about thirty percent from where they started the year. They have a store optimization program, which is something that a lot of these retailers the slowly melting ice cube crowd will call them. They are reducing their store count 'cause they don't need it because they can move to ECOMMERCE, which they've done a little bit they can move to. The geography is able he served by less stores and you see a lot of. Traffic that previously went through one store transitions to another and. They are steal a Ron grosses them here they are firing on all cylinders and I'm not sure. Anyone. Thought is coming. I am I am both thrilled that they are doing this they're having success because everyone loves a comeback. I'm less thrilled that you own it and I don't. But. That's mainly because I had this in my hand a year ago Chris and I'm holding it up. The skull of York. And and I'm looking at it and I didn't at least put a little field position because as I said, at the time training for four times free cash flow that is close to no-brainer territory for me. So two other quick data points before we go to our next story. Not. Surprisingly digital sales of big driver this quarter. That goes hand in hand with the store closures so Another smart move by Trittin and his team. And also Happy to see that they're you know suspending the dividend that they're. Suspending the sticking with the we're not going to buy back shares. I'm also happy to see they're not offering guidance. Their New Orleans. No need to at this point. Let's move on the third quarter sales, for Pepsi, grew five percent and. Kind of like we saw three months ago snacks and some of the beverages particularly the Seltzer. Part of their portfolio helping to make up for the fact that somebody restaurants are closed. So many sports and entertainment venues are closed and. That's that's the stock is basically flat and this kind of flat for all of twenty twenty but. Nice to see that the the salty snack part of the business is making up for the sort of the tried and true Pepsi part of the business. Gilead household particularly the soon to be sixteen year. Old Member of the Gillies household has been doing his part to. To to help with the salty snacks portion and shareholders. Thank him. Yeah I was GONNA? Say. You know dude. There are other food groups other than Doritos. Look it was a perfectly acceptable boring quarter from a perfectly acceptable boring company and and I think you know Chris but maybe some of the listeners not know. For, me to call a company perfectly boring from for me. That's a compliment because I like businesses that are boring. Not Terribly exciting person myself I enjoy. Investments in companies that just actually do what we expect them to do, and essentially just get it done quarter after quarter. Pepsi is not GonNa. You know if you'RE LOOKING FOR PEPSI TO BE A. Ten bagger. You know anytime soon like the aforementioned by we mentioned earlier. That's not gonNA happen. They are just a steady bedrock performer for your portfolio and we all need a few of those. So we can go after the more exciting things in our portfolio. Yes. So it was it was A. It was a boring it was a boring quarter but boring is nice because boring boring says, oh, we end up four four plus percent on. Organic revenue growth total revenue growth went up five plus percent. EPS Is up ten percent year-over-year just for the quarter. It's still down for year to date, but of course, Mindy Stan why because the previous quarter? Cova. no-one no-one was new what was going on? So we kind forgive that. They are they're pointing towards the full year. They did give guidance their point point to a full year of approximately four percent revenue growth approximately five fifty core earnings. Stocks at about one hundred, forty bucks. So it's not cheap. But it's not terribly expensive, and again, this is one of those widows and orphans stocks. You can buy put it away and we'll see you when you retire. Hugh Johnston, who's the CFO at Pepsi? Granular on CNBC this morning talking about because when you think about all of the food and beverages they have across their portfolio he got granular talking about the new cheetos macaroni and cheese saying you know they're trying to keep up with demand as a fan of both cheetahs and macaroni and cheese I haven't tried it yet but I can see why it's popular. Any. Do they give any color on the? Two. Portals that they were direct to consumer sites that they launched earlier this year snacks dot com and Pantry shop dot com. Sadly, Chris they did not at least in the conference call or the press the presser maybe in the ten Q I haven't read the ten q yet obviously but. Yeah no snacks dot com I can confirm both of those sites are open and accepting offers as of this moment. SNACKS DOT COM and Pantry shop I think is an interesting one because they are. You know you are buying your you're you're buying all of your Pepsi Slash quaker products. Simultaneously in in in the various groups. So if you want your everyday Pantry, you want to get your your oatmeal and your healthy. Your healthy Chia bars and your rice cakes do people still eat rice cakes and if so why? You can get all those delivered at the same time or your snack package your breakfast package You know it's it's interesting to to have it delivered. I I'M NOT A. I I'm one of the three people in North America is still doing own grocery shopping. So I'm probably target here but I know a lot about the people how to use it and I think probably if I let my as I mentioned a sixteen year old note that this thing existed. It might be his only source of nourishment. So yeah, don't don't. On, the first time I went to that website I kind of went crazy to the point where in the box showed up to two days later even my kids were just like. This is a lot of snacks and was like, yeah I may have ordered too many but but I regret nothing. Playboy. Enterprises is returning to the public markets after nearly a decade and because I was are out of fashion, playboy is going to be doing this through a speck. Mountain Crest acquisition is a current special purpose acquisition company that is going to be taking playboy public through a reverse merger and wants to deal is done that company where the ticker is MC. ABC? Is. The playboy name and the ticker symbol P L B Y? I guess I, I saw this story and I thought, okay I'd that's one way for playboy, which is a private company and has been since twenty eleven. I. Guess That's one way to raise money. I, I, I'm hard pressed though to think that. The second round of playboy being a public company is going to go any better for the company and for investors than it did the first time around. That was my initial take as well, and you say it's one way to raise money I'd say it's one way for insiders to cash out. Tomato Tomato. The more I think about this though. I could be spectacularly wrong and it wouldn't be the first time. This might be quite this might be interesting I can see. I can see a number of thing, and I just find this interesting from a number of re. I as you point out. Yes, playboy. Is private the SPEC the Special Purpose Acquisition Company Mountain Crest Acquisition, company. It's out there. Now it's got. It's a walking wallet got a bunch of cash their stocks over ten dollars specs go at ten bucks. There's nothing you can. You can go buy today Chris if you want. And You can just sit there and wait until the transaction is completed in q one. If. You WANNA own playboy. So, playboy today is not playboy of the past for thing, magazines have died. So, there are no issues of the iconic famous magazine. These no regularly published issues and I believe they went to quarterly publishing versus. Monthly publishing before that. So what playboy is trying to be or this new iteration trying to be a licensing company and they're calling it across four major categories they're saying sexual wellness, which I'm just going to skip to the next one, which is style and apparel which is. Apparel. and accessories for men and women globally gaming and lifestyle also digital gaming hospitality and spirits. So you can get yourself some playboy-branded Bourbon. And beauty and grooming, which is fragrance skin care grooming cosmetics for men and women. Okay. That sounds interesting. They're not a publishing company more avoiding that and I guess they have a bunch of online stuff as well which. Tell people they can go look on their spare time but. They are calling themselves a streamlined high growth business. The company has four hundred million in cash flow contract through the next eighteen years. and has products available for sale and in ten thousand major retail stores. In the US, this is a brandon company. Now, now, what you think of the brand and what you associate with the brand, the iconic a bunny ears brand, of course. Is Is. is going to be probably a nuanced and varied. I can understand why some people. Would not want to do with this brand I completely understand that is not. Bend the most shall we say progressive brand in history? It has fostered some. Attitudes, particularly women that. I think it's fair to say some would find distasteful and I I completely understand why? And for those people, they're just not going to be shareholders and that's that's fine. But what I find interesting about this if this, if the licensing deal and we have, we've already had a certain dry run of this in. Do you know the magazine Maxim? It was. So it's a men's lifestyle magazine, girly pictures, and whatever it was bought by an entity called big holdings. I'm going to say eight nine years ago. With the goal of they went into change it from the the lad magazine into more of a lifestyle brand licensing deal what playboys doing. Now. I mentioned earlier it's important to have You know leaders businesses, you respect and trust big lorry holdings is not one of those businesses but I do know that they even though they're circulation sales are down significantly there they have turned that profitable on a small scale with the licensing strategy. I suspect the playboy will do a better job. And It will depend on the valuation coming out but you know when analogy I might throw up as. As a comparison is. Franchising businesses in the in the restaurant space. So a restaurant brands international, which owns importance and Burger King. Dunkin brands, which of course owns your beloved Dunkin donuts. Those are those are check cashing businesses, they they sell the franchise to a Franchisee. And then take tax six percent of their gross sales and royalties every month plus x percent for advertising they sell you a system and so those are very asset light cash-rich capital Genita- businesses. And part of me wonders here it's obviously not the same as selling. Coffee and whatever. But part of me wonders if that is what this business will look like, and if they are truly in the growth business and the cash generation business, this might be an interesting opportunity. And you just hit on what I think is the most interesting thing to watch. Once it becomes a public entity again, the high growth aspect of this because now we're going to see Now, we're GONNA see through quarterly reports. Okay. Are you growing? Because that's one of those things where we investors and the market in general get to decide what we consider to be high growth And I again I had I had your initial take which was. Oh please. Like if it didn't work the first time. It's going to work less well this time. The more I read about like. I'M GONNA keep an eye on this. Curiosity. Jim Gillies always talking to you. Thanks for being here.
3 Ways to Level Up Google Ads with Vincent Beima
"Has up athletes today I want to talk with you guys about dynamic search ads, which is a very awesome tool inside Google ads which can give you additional insights and keywords insertions rich. You wouldn't have thought of in the first place and I'm going to give you three major keys that can help you get more impact with your dynamic search campaigns. So first of. All, the always WanNa make sure that you're excluding your brand keywords what I see also with a bigger agencies that they tend to forget it or not do it on purpose so that you'll get an idea of that dynamic search ads are actually performing better than they should. Because what you do not want is when you're dynamic shirts as Bob that your brand traffic is being filtered. Through, the dynamic search ads so dad went somebody uses the word Nike going to be found by ANNEX SEARCH ADS campaign. Why? For a few reasons? First of all? You're brand at has always more click real estate because you can put all these sightings endeared has more titles and description rules in general than your dynamic search ads. So it's better that you WANNA fill it straight to your brand campaign. Secondly, your brand assets are the most relevant to your branded intent traffic. So you WanNa make sure that you find the right way also, you get a higher click through rate. and. Thirdly, you'll have a complete overview of your brand growth without any skewed data. that's when you make sure that you exclude on all your campaign. So number one campaigns and also your DA campaigns, your brand keywords make sure you do that. So you have a good overview of how your brands performing. Then second one interestingly is leveraging remarketing for search at errorless aid, but decided for similar audiences. So I expected you're already familiar with how you can leverage your current audiences for search. Here you can give bid adjustments to your current audiences that have interacted with before but here's the kicker. Google automatically creates similar audiences to all the on you create in your Google or in your Google ads. Audience Manager. So by creating a bunch of audience and especially true if you have a lot of volume in traffic, the is as you create the more Google creates a similar audience to debt. So if you are using, let's say a loss of seven days audience. This means you can make bid adjustments for people that have already been on your website and lost seven days. But if we're using similar to audiences, we can now leverage audiences that are not specifically have been interacting with you. So it works both ways on one way. You could see the same traffic addict uses with my keywords. Yes. But on the other side Goule has specifically. Made. His list with people have a similar behavior towards that same audience and this can be very powerful. So it's a it's kind of like a hidden missing, but these audience have been pretty much successful for us with our clients accounts. So I'm just going to give you a few of these best-performing audiences that we've used where Gould and creates a similar audience to which we have leveraged in glass. So we have the lost day. So the last twenty, four hours, basically seven days, fourteen days thirty, sixty, ninety days obviously all add to cart. Audiences we have the converting audiences of everybody have already purchased, and then we also have one with new users those on his work. The best. So again, tested out if you have the ability, if you have a lot of traffic stands to work very well for us and then lastly Allensbach two guys about if you're going to use dynamic search ads and what it does, it simply crawls the page and gives you knew inside like DC. Type of keywords can match with your pages and it will create a dynamically created headline towards that at. With. The specifically indicates that it picks. So when you start off with this and you already have a bunch of keyword campaigns lined up what did you do not want is that starts cannibalizing from your current setup. Because then it's going to be influencing your quality score and is going to influence in your relevancy. So you want make sure it's actually that you exclude all your current keywords so that specifically funnels traffic to write campaigns, but it's going to be very time consuming. You don't want to do that. So that's why we're talking here about a script that automatically does that for you so it automatically selects. That you have in Craig's list for ADN excluded under Nick Search F. and it keeps you dynamically rolling. So it's not something that you have to keep doing. It just keeps on running as a script on itself. That's is linked down below in the comments. So this article, three major keys for to step up your dynamic search ads campaign.
Interview with Julie Grahame
"Well. Hello everyone, and welcome to another podcast from frames magazine. My name is Scott Olsen, and today I have the real real pleasure of talking with Julie Graham Julie is a photo consultants, a curator, a judge. She is one of the most involved people behind the scenes in photography today and in a real pleasure to get the insight that she has about what our world looks like. Truly Good Morning. How are you? Good Morning I'm fine. Thank you how you doing. I'm doing. Well, it's a pleasant day out here on the prairie. Nice and sunny kind of data just just makes you happy to be here. Tell me about being a photo curator because. So many of us who are not professional photographers not working for a magazine or doing weddings and stuff wind up with you know thousands and thousands of images that we know mean something and might be good as a collection that have no idea what to do with them. Tell me how your work involves making sense out of the huge mass of photographs that we all wind up with. Well the last thing you want to send a photo consultant or editors thousands of images so This is true. Certainly you're GONNA pay a lot more for the privilege. I'm honestly Scott it really the answer is it depends who are you? What are you have? What are your goals? Are they realistic? Where do you WanNa be when WHO's your audience? All of these things are the preamble to even beginning to work with somebody. I think there are two aspects of being a photography consultancy. You can either just hire me to edit your images. Say You WANNA make a book proposal or You want to redesign your website and you're not sure will albums you want to have on there there and how many images should be in there. You don't need to talk to me don't hire me for an entire hour. You can just tell me what you need in some the images and and get get a decent price according me, and then there's the other ocean, which is why you're more involved we together for an hour two hours or however many hours you need. An, rarely drove down into those things that I that I just mentioned what's realistic for you and how you're going to get there, and you know the web is affording US access to lots more eyeballs than ever. So choice be very realistic with my clients as to whether having a book is really a an optional goal for them or whether they should perhaps be publishing their work online and trying to drive a new audience to that. Instead those kinds of things it's kind of like being therapist. Tell me what kind of insight you generally bring to a client. Because if if I do say I wanted to redesign my website, you have good taste, but you also have a business. Of, what works tell me what a typical conversation might involve somebody call because they want a new website or they want to figure out what to do with their work? How does that conversation proceed? Well, I would normally have ten fifteen minute chat with them and again, just kind of understand if you want to redesigned website launching a new website, who's it for? How are they going to find? It so that that branches off into other questions you have a prison Sloan, instagram generate one is your projects. Are they need? Can you find target audience? So we would drill down you know what do you have someone may think they have four different kinds of portfolios and I might look one hundred images and think there's really just one serous here and then we would have to talk about. What else do they have often photographers not the best editors of their work. So would not case over like to see more than less what are they doing until now? which what of that's been working for them and what hasn't depending on what kind of photographer they? They might be a commercial photographer trying to look for an appetizing clients in which case I would want to know can you tell me which brands you love you would think you would like to shoot for and do you really have work that you could approach them with go to find out who the director was for the latest Nike Campaign. So help people kind of do research think more clearly, you can't just spreads your images out across everywhere will come. To it, but it published my own photography magazine on the weapon. The worst thing is if someone sends me, a project is clearly something I would never publish because of never published anything like it before and it clearly not my taste. So being discerning makes you look more professional. So having all those kinds of questions and oftentimes photographers not sure I've had people really resist me on these questions as well but I think it's super important. I don't think anyone can afford to say who my audience is yet if you're not really sure you really need to find. So, again, you're not gonna be sending someone thousands of images, but you're GonNa win be sharing enough so that I can really get a proper sense of you know maybe where I think you should be I might find images that you didn't think gray or thought went into a particular section on your website and I think differently and I would talk about who might be interested in those images. How can you describe them so that they might be found online, which is a huge issue with lots of photographers they don't do the most basic. Fundamentals premeditated the files and keywords their websites and missing opportunities to be found. So I'll be lucky if I can do all that internal fifteen minutes before higher. I try. It is it is amazing and it's not just for photographers, but it is amazing. How much insight? An extra set of eyes and especially as an exercise that has some experience can bring to understanding your own work. I. Do want to say to everyone listening you have a wonderful website. It's Julie Graham Dot COM J. U. L. E. G.. R. A. H. A. M. E. DOT COM, which goes over all sorts of stuff julie. Tell me how you got to be a photo consultant. How did you get from age twelve to now? Okay. Well, I was born in London England sometime last century and I left Scola sixteen and I actually went to train at Konica and I worked for a couple of years in a company bonus print doing one hour. See Forty one negative. Devon prints which at the time and the truly judging every single negative by making prints for a smooth and local community was on a local high street in London. which was fabulous had a great time and I learned a lot of this lay and then eighteen I went back to school and studied photography two years came out. The other end wasn't very good. Actually tool of photography and I was terrible at theory. I knew I didn't want to be a photographer. I wanted to be in photography industry. Somehow I'm back in nosed as well. Any good media student with day would be to get the Guardian newspaper on a Monday and Kim the back for the media jobs and I applied for a job managing a photo agency. I got rejected and then a couple of weeks later they email email Co.. Called me and asked me if I'd be interested in a filing position. So I went for an interview I got hired on the spot I hadn't really been to show what the job was. I spent my first few weeks cutting up to Nicole to transparency is mounting them in Kabul mounts rights in the name of it was a mutant mainly music photography, licensing agency. So we were essentially had hundreds of music photographers bringing in transparencies, and that prints we would make dukes Othello syndicating with around the world and everybody was selling tons of images everyday to magazines and newspapers but publishing it was very, very healthy business.
Stocks fall as tech remains under pressure
"Under pressure with large cap tech really fading here. How's currently down. 507 point says he's dropped 72 NASDAQ is lower by 2.8% US tenured at 0.67% Gold is down 40 points Transport's fall 100 points and among the main 11 SB sectors. All were in the red, led by declines in energy, tech and realestate in the Tao. Only Nike and Jay and Jay were in the green, while sales force Apple and Chevron leads to the downside. In other news, Tessa suffered a complete network outage. Good Rx Open at $46 A share by PO is priced at 33. And zoom video topped $500 per share after earnings. General Mills you wanted just GPS beat the highest estimates and wrapping things up here. H B fuller reports after the balance.
"nike" Discussed on MarketFoolery
"Flip and thanks for being here. Thanks for having me back. We're going to get to battery day. where? We're GONNA start with some earnings and no better place to start then Nike shares of Nike up twelve percent and hitting an all time high. After Nike issued a first quarter report that was highlighted by what else? Amazing. Digital. Sales. Although I should say their their profits did come in much higher than expected to. Yeah, Nike Hat Prophets of ninety six cents per share versus the forty seven that was expected. So they definitely beats on both the top and the bottom lines and depending on how you read this earnings report and the story that you're telling you can paint two very different pictures for Nike. Here skeptics will tell you that their total revenue year-over-year still fell eight percent despite the fact that it was up on a quarterly basis. So this was by no means a blowout quarter in terms of their top line, but if you. Look at the bigger picture, Nike has been changing their distribution strategy, and so the fact that sales weren't down more when they cut so many large distribution partners over the past few months is actually pretty astounding and what we're seeing the market react to here in my opinion is actually the stellar growth online sales online sales grew eighty two percent more than doubling in certain regions of the world. So this is really a testament not only to renewed demand for Nike's products, but it's a good first step in a changing distribution strategy. We also saw that show up in in their inventory and the way they're managing their inventory. It was a little bit of a challenge last quarter they brought some of that down this quarter so nice to see that improvement. Also, seems like Nike is optimistic about the holidays is that fair to say Definitely. Fair to say what's notable about where you saw their sales come in this quarters is that despite the overall contraction compared to the year ago period sales for footwear, their footwear division, which is really core Nike still grew. So I think they're optimistic about renewed demand especially heading into the holiday season but more importantly especially because they put so much emphasis on to their digital sales, which is really going to be what catalyze people to order people. I think it's safe. Assumption are not going to be traveling as much. This holiday season potentially not going to be giving gifts that they aren't able to order online as much as they were last. Year. So the fact that Nike has reinvested so much money into really connecting direct to consumers and a manner that establishes a more of a relationship between Nike and consumers is potentially going to be good for them and holiday sales..
Nike stock surges 10% as fiscal 2021 revenue is expected to rise
"We're GONNA start with some earnings and no better place to start then Nike shares of Nike up twelve percent and hitting an all time high. After Nike issued a first quarter report that was highlighted by what else? Amazing. Digital. Sales. Although I should say their their profits did come in much higher than expected to. Yeah, Nike Hat Prophets of ninety six cents per share versus the forty seven that was expected. So they definitely beats on both the top and the bottom lines and depending on how you read this earnings report and the story that you're telling you can paint two very different pictures for Nike. Here skeptics will tell you that their total revenue year-over-year still fell eight percent despite the fact that it was up on a quarterly basis. So this was by no means a blowout quarter in terms of their top line, but if you. Look at the bigger picture, Nike has been changing their distribution strategy, and so the fact that sales weren't down more when they cut so many large distribution partners over the past few months is actually pretty astounding and what we're seeing the market react to here in my opinion is actually the stellar growth online sales online sales grew eighty two percent more than doubling in certain regions of the world. So this is really a testament not only to renewed demand for Nike's products, but it's a good first step in a changing distribution strategy. We also saw that show up in in their inventory and the way they're managing their inventory. It was a little bit of a challenge last quarter they brought some of that down this quarter so nice to see that improvement. Also, seems like Nike is optimistic about the holidays is that fair to say Definitely. Fair to say what's notable about where you saw their sales come in this quarters is that despite the overall contraction compared to the year ago period sales for footwear, their footwear division, which is really core Nike still grew. So I think they're optimistic about renewed demand especially heading into the holiday season but more importantly especially because they put so much emphasis on to their digital sales, which is really going to be what catalyze people to order people. I think it's safe. Assumption are not going to be traveling as much. This holiday season potentially not going to be giving gifts that they aren't able to order online as much as they were last. Year. So the fact that Nike has reinvested so much money into really connecting direct to consumers and a manner that establishes a more of a relationship between Nike and consumers is potentially going to be good for them and holiday sales. But what's worth pointing out here is that they did cut a lot of partners we talked about it previously, but they cut ZAPPA's they cut dillard's so their foot traffic, the people walking into a store and buying a pair of Nikes that's probably going to be down for the foreseeable future they're going to need to prove that they can pull those customers back in to their digital sales to make it worth it. And this is something they've been investing a lot in over the last few years. So I mean this this is one of those quarters where you see those investments pay off but to your point, this is. When you when you cut off partnerships like that. Then, you're doing so with the confidence that you're going to be able to make it up on your own. and. That wasn't an a political decision in the sense that. Seemed like Nike shareholders were split down the middle about whether or not they believed cutting their partners and their distribution wholesalers really were was the best move for the company I tend to be on the side of I like Nike controlling more of their line controlling their relationship with consumers I. Think long term that can give them some pricing power but I have no doubt in. My mind that short term, you're going to see the impact in terms of their top line growth at the margin profile long-term improves as a result but let's be clear here cutting out what they deemed to be lower tier wholesalers to focus on specialized partnerships that was not a move that was universally perceived to be beneficial to the company. It really was a change interest Egypt. Direction.
Chinese Leaders Split Over Releasing Blacklist of U.S. Companies
"Investors are hoping for a better day today after losses across market yesterday, but it wasn't a typical selloff stocks drop but so did gold and oil are markets editor Quinton web explains why that matters. It was notable various asset classes sold off together. So not surprising no oil sold of two because if you take a gloomy view on the economic outlook, oil is likely to fall in price nights. Villette gold sold off to gold has been wising for most of the year, but it seems also, it doesn't necessarily this year always rise in other markets falling. This is nothing like I should say the panic of where all asset classes because they was selling off. In tandem investors just rushed to raise cash but in this case, gold seems to dipped a little bit alongside stokes. What's notable is we've seen this kind of broader shift in sentiment I think in the last few weeks. So other summer of kind of almost relentless rallies, we've had several weeks now where stocks sorta traded sideways down and this was a very bad start to this week. So it'd be interesting to see how US equities trade throughout the rest of the week. Today. We get Nike's earnings report also Fed Chair Jerome Powell and Treasury Secretary Steven. MNUCHIN. Begin three days of congressional testimony.
How to Grow Faster By Doing Less
"Everybody. It's me. It's Thursday I'm back for another quick hit with a solo episode and today we're GonNa talk about how to grow faster by doing less i. know it seems a little bit counter intuitive but the fact is if you WanNa grow faster, you need to learn how to do less. So today I'm GonNa talk about the difference between multitasking and Mono tasking studies have shown. That ninety eight percent of people are less effective when trying to multitask I, know that's the case for me but I also understand the lure to trying to do too many things at once the challenge is again, Ninety eight percent of people are less effective when they're trying to multitask. So my strategy for many years now has been more of a focused mono tasking strategy. No matter where. You are in Your Business Journey, you need to understand the power of prioritizing your activities. PARETO's principle otherwise known as the eighty twenty rule shares and establishes the fact that eighty percent of your results are going to come from twenty percent of your activities in other words if you were to put together a to do list for today and you made that list two of the activities on. That list are going to give you eighty percent of your benefit. They're going to contribute to eighty percent of your success while the other eight out of those ten or only going to contribute to twenty percent of your success. So the power of prioritizing your activities is really really important I remember early in my career as an entrepreneur, I would put together my to do list every day and It wasn't unusual to have ten or fifteen or even twenty things on my list but rarely if ever did I accomplish them all. But for some reason having a big to do list made it seem like I was busy made it seemed like I was more productive. made it seem like I was going to grow faster but in reality that couldn't be further from the truth so what? I learned to do with those big to do list was to take one of four actions either to dump it off my list to delegate it to defer it or to just do it and I focused on prioritizing those activities that we're GonNa have the biggest impact on my business, and from that point forward my to do list every day shrank down to something that was much more. Manageable, which are typically a list of two or maybe three activities or goals for the day things that I absolutely must focus on and need to get done because they are gonNa have a huge impact on my business. It's well known that any successful entrepreneurs going to tell you that focus is one of the most powerful forces in business. So you need to learn how to mono task. Verses Multitask and again, this is just another way to say focus is the key to success. Don't forget about those four D's when it comes to your to do list either dump it, delegate it, defer it or just do it. It's worked for Nike, it's worked for me I'm sure it will work for you
"nike" Discussed on Business Wars Daily
"The expanding popularity of exercise has prompted growth in leisure wear in fact Ath- leisures the only major fashion category that seems to be doing well, , almost every other category is in decline I mean who needs high heels to work at your? ? Kitchen table now that active where boom is intersecting with a soon to come trend at least one expert is predicting lockdown inspired mini baby-boom starting in October and going through next March that's according to Marshall Cohen. . Chief Retail Industry analyst with NPD Group A market research firm the obvious underserved opportunity for apparel makers active wear designed for pregnant and nursing mothers. . Last week Nike announced its first line of maternity fashion called Nike 'em. . It'll be available online starting September seventeenth? ? Nike says it's been working on maternity where for three years, , but the timing of its release probably couldn't be better in the US maternity clothing sales have been growing by about three percent of the last few years according to CNN. . That's not because women are having more babies they're not actually but because they're spending more money on maternity fashion nike 'em includes a nursing, , bras tank tops, , tights, , and cover ups. . The company says it compared scans of one hundred, , fifty thousand women's bodies both pregnant and not design the pieces. . The stretchy products grow with pregnancy and spring. . BACK TO FIT new MOMS bodies. . Nike designers also conferred with thirty pregnant and postpartum athletes. . The result functional tops that make breastfeeding easy in tights that accommodate pregnant and postpartum bellies. . Prices range from forty five to eight five dollars. . The new line is an extension of Nike successful efforts to grow it sales to women. . Last year Nike grew it's women's business by double digits according to retail dive the industry publication quoted dense CEO Mark Parker, , who commented that it was quote hard to overstate how important this year has been the evolution of the women's offense at Nike. . The idea behind knock em to take away one obstacle that often stops expected to new mothers from continuing their athletic pursuits. . That obstacle of course, , active wear brands have mostly ignored the large new mom market loving them with few good clothing options for exercising.
"nike" Discussed on Wall Street Breakfast
"Delfi Technologies, shareholders vote on the merger with Borgwarner, and it's almost a lock that there will be some more drama in the Taubman Centers Simon, property dual. As! We mentioned Nike will post its F. Q four report with more uncertainty in the air than almost any time before due to the lack of formal guidance from the company, the two biggest pullouts from the report are likely to be the pace of recovery in China, and the momentum of the E, commerce. Business Nike is one of the company Seen Bhai Wall Street as being in a strong position on the other side of the pandemic noted bullish, leaning Wells Fargo. Ahead of the print. We see Nike as favorably positioned for both secular fitness causal, ization trends and industry structural changes that benefit those with strong directing gauge with consumers. Stocks that quite often move right along with Nike Earnings Day include footlocker, Adidas under armor and Dick's sporting goods. An apple will hold its annual Developers Conference on June twenty second through the twenty six in a virtual format this year. The WW DC is expected to see. Apple announced its arm based Max as the company advances, it's control of chips and architecture away from Intel enhancements with IOS. Fourteen TV OS fourteen and watch os seven are also anticipated along with new products and rnd initiatives on the air, headset and wearables air. Pods Front Tim Cook will give the keynote presentation at ten. PM Pacific Time on June twenty second in what is likely to be his last presentation before the annual September iphone reveal event. The Federal Reserve will release result of the annual bank stress tests on June twenty fifth fed vice chair Randall. Quarrels noted that the test this year includes running banks up against three possible economic trajectories of varying severity to see how they perform due to the unprecedented uncertainty about the pandemic, the test will see how banks perform against a rapid v-shaped recovery, a slower u-shaped recovery Andy rough w shaped recovery. The test results could factor into dividend decisions. Decisions down the road for Bank of America Citigroup. Goldman Sachs J. P. Morgan while capital, one and Morgan Stanley are seen being pushed under the scenarios. Traders are making plays based on the results with a notable amount of bullish options..
"nike" Discussed on The Journal.
"Aren't fakes. They're real nike products. It's just Nike. Doesn't have control over them. When if Nike is biggest concerns concerns was this whole gray market of products that are sold on Amazon by that I mean random people going out and buying legitimate nike products and selling I'm on the platforms and they could have bought them from an off? Price chain sale from Nike and then go sell it on Amazon. Why is it such a bad thing for Nike that there are these gray market sellers on Amazon because they don't have control of the brand in the way that it's shown they want to be the seller of Nike products? They they want to dictate what shoes are available. Essentially what prices. And if they're all these third party vendors that are buying shoes and selling them then it's sort have it messes up with Nike's strategy in terms of how they interact with consumers. Is that kind of. That's true and also it kind of floods the market. So there's all these thousands of Nike products available on Amazon. There's less incentive for somebody to go to a store and purchase Nike or go to Nike Store and purchase Nike. You WanNA maintain some level of exclusivity inclusivity for your brand that. You're dictating the terms in which those products are being sold. Nike's lack of control over how these third parties is priced and sold Nike gear on Amazon posed. A business risk. It wasn't illegal but it wasn't how Nike would prefer to have it's good sold. That was is made even worse by another problem. That Nike had with Amazon counterfeits were popping up on the site and that could further undermine the brand then in twenty any seventeen Amazon and Nike hatched a possible solution for years before this Amazon had been trying to win over Nike. Aki Amazon's courtship of Nike dated back several years. The company had flown to its headquarters in Beaverton Oregon several times at one of the meetings. Jeff Wilkie flew there himself and he's a Jeff bezos. Deputy Severi top senior Amazon executive going to Oregon to do Nike. Would you send a top up executives. That's usually a signal that you really want to create a strong partnership Amazon. One of the credibility of big brands selling directly on its is platform but Nike had consistently refused. Nike is already one of the biggest apparel companies in the world and they're distributed in lots of stores including including their own so finding new customers wasn't much of a draw and Nike was reluctant to join Amazon to begin with because it had problems with the away. It's brand would be presented on the site. The thing that really gives a lot of brands pause is the fact. That Amazon is kind of the everything store. It's like where you buy toilet paper and really cheap items and so they don't want to be seen in that environment. Where every product you just flip through and two shirts hurts our next to each other? If Nike joined Amazon it wouldn't just be losing control of the brand rand presentation. It also be losing control of the customer. So Nike doesn't want to sell you a sneaker. It wants you to sell you. Everything like a sturt a bag to go with at some pants if they can bring you into their store and into their experience they can get you to buy a second item or third item whereas if you go and buy on Amazon you buy your sneaker and then you turn around and you look at the next branch could be a competitor Nike. They don't get to keep the customer the same way that they can win. They're using the sneakers APP or their own Nike Anky shopping APP. All of these factors lead Nike to resist Amazon's overtures to join but when Nike and Amazon were talking in twenty seventeen Amazon offered offered something to try and get Nike on board. It had to do with that gray market Amazon did was they used that as a bargaining chip If you come on our platform crackdown on these random people. That are selling your products. You'll have so much more control. You create a brand page and let's do a test. And why wasn't this something. That Amazon was willing to clamp down on without Nike joining. The platform itself Amazon wants as many sellers as possible to join the platform. They want people to be buying goods and selling them and it's very easy to sign up for an Amazon account and become an Amazon seller for Amazon Getting Nike itself on board could compensate forgetting those third parties off the side and so they started negotiating over a plan. If Nike officially joined Amazon the Journal reported at the time Amazon would block third parties from selling the same items that Nike whistling. And it would do that. By tracking the unique item number that every product has then. Something happened the gave the negotiation some urgency in good morning topping America's money trouble for major retailers points authorities filed for bankruptcy and announced plans to close or sell about one hundred and forty of its stores. That's nearly nearly one third of its location. Sports Authority was one of the biggest sellers of Nike products and when it went into bankruptcy it had an estimated. Four hundred million dollars is worth of Nike inventory. All of it was sold off at rock bottom prices. This was great news for some of those third party sellers. Suddenly they could buy. I A bunch of cheap Nike Merchandise and put it on Amazon but it was bad news for Nike. Not only were there more products outside. Its control it but it also just lost one of its biggest distributors under this new pressure in twenty seventeen Nike accepted. Amazon's offer at the time Nike. He said it was quote looking to improve Nike consumer experience on Amazon. But it didn't work out exactly as planned bats after the break..
"nike" Discussed on The Daily Zeitgeist
"Of their conspiracy rubber dude billionaires who aren't fully on the Cope Putin's NHS money you know oh my sexy and we're talking about. That's probably Robert Muller and James Colman. Oh It's all Robert Millette so much money off of that F._B._i.. Investigation maybe do sees shutting down of the factory hasn't hit their book yet and that's why it right right well. What's funny is when you talk about Doug Ducey so all that Shit went down I think right before the fourth of July on the second right on the fourth of July Doug Ducey was pictured at a fourth of July barbecue wearing guests what what kind of shoes those are Nike Cortez's their Nike Sums Nike you foolish shits has on so okay? I thought I already knew balances you. Have you have abandoned thus I mean I thought you were man of principle cut to Friday. When this tweet comes out from Rome new see the guy who was like we're pulling all financial incentives for Nike's factory? They will absolutely have no place in our state. This is what this is a a a new he tweets from the Arizona Chamber of Commerce that says we're pleased Nike will locate its new manufacturing facility in goodyear a project that will create over five hundred jobs with one hundred eighty four million dollar investment and then Doug Ducey's quotas this is good news for Arizona China and for good year five hundred plus jobs Arizona's open for business and we welcome Nike to our State Fuck Outta here Nike made tap shoes. Wow I mean that's a fucking one eighty and that just shows you. Money is their God. That's all it is these people are full of Shit. They have no moral anything to stand on high ground compass the anything but it's a lack of effort to even find a pair of sneakers to wear to your fourth of July just he does not they don't take they don't take their followers seriously supporter series or he just he just just I guess when you're on autopilot what's what's the culture war about right right here. Okay let me do my little. Let me signal my side right and then you got your Nike's on Yeah because he because he doesn't care he's real issue. Come up to him at that barbecue. That's that's the first time he's broken through to the national news and he comes in. He goes to a barbecue wearing nikes he nobody was came up to him. It was like in a what I bet they did. I bet someone came up to him was like you know you're wearing nikes. He's like Oh that was ninety Nike Nike or even just like yeah but you know these are my good grilling shoes. We know that that conversation came. He ain't grow aura no or plus. They're not gonNA call each other out right. You know what I mean. He's like an event with other Republicans. They're going to buy their money's green two or something like that yeah. He's like well. You know hundred eighty four million dollars. Five hundred jobs are after run on that. That's right so we'll we'll see I mean no we won't there nothing will come Nike Flexed Pawn your grave. Yes FEC spun degrade Flex Pun degrees on the grave all right. Let's talk about area fifty one. Thank God time okay. Are you ready..
"nike" Discussed on Gadget Lab Podcast
"And so it fell I think in the in the phrase that I use the pieces like it really felt like the shoe was grafted onto my foot. Like, I was stepping on the court and had that field kind of barefoot contact despite the fact that I was clad in kind of three hundred fifty dollars worth of weird synthetic fabrics parachute cord and all the other. Things that go into this shoot the tech at any weight shoe, so the shoe size nine which is kind of the the way people communicate the weight of shoe is right on the nose a pound. And so it's heavier than some is lighter than others. Lebron's tend to be a little bit heavier. Kyrie's KD's tend to be lighter. So it's kind of right down the middle. It's not going to be the lightest basketball shoe you've ever worn. But it's also going to be something that you don't really notice weight wise, why isn't Nike offering these in women's sizes. They are. I mean, WNBA players have definitely put the shoe through its paces. They haven't announced specific WNBA players who are going to wear it on the court. And again, I think that that's a reflection of the fact that this is a shoe that's catered to actual professional athletes who've WNBA players are going to have bigger feet. Then kind of civilian women just like NBA players are coming in its size fifteen through eighteen and you're right. That Nike is making nine and tens and shoes for the rest of men who don't have NBA sized fee. I don't know why they're not doing it for women's feet. Yeah. There was a report that said that the women could technically wear think the equivalent of Nate and a half if they go with the men's sizes, but. It doesn't size lower than that women. Professional w w player who has seven. You're out of luck times. People are buying these by the team, right? Young teams by them for the whole team. I think college is on the thing seems by them for the whole came. In the associate in the NBA. I actually don't know how the end WNBA does this with kind of endorsements and what people get is players, obviously players have signature models players have endorsement deals to where other people's shoes as long as there with the company, and then shoe companies will provide athletes with basically cases of shoes. Like, there's some shoes that are like the standard issue from be players like the, hyper Dunkin, hyper zoom, it's just like if you don't have a signature shoe, you're probably gonna be wearing one of those two sneakers unless you're a sneaker head, and you just wanna flex out on the court and you wear like retro Kobe's, which happens all the time. Especially in my house. There's so there's this completely other story, which is an in the Nike piece. But like there's this kind of flexible that's going on in the NBA the rules got changed. The you can wear shoes that are outside of your team's color palette. So there are certain players who just wear different pair every game. And they were shoes have been around in fifteen years. They were Jordan's. They were these crazy custom designed. So there's the sneaker culture in the NBA is a crazy thing that rivals sneaker culture in the world at large how that intersects with this particular shoe is I think players will probably be furnished with them by Nike, even if there's not a solid endorsement deal. Like, Jason Tatum orthodontic. But they invited a bunch of young up and coming stars to campus last year and had them scrimmage in the shoe. So it's not like a guarantee and nothing has been announced. But I would guess that. You're gonna see a ton of rookies and promising second year players in the NBA and the WNBA wearing these Kelsey Plum was in that NBA in the basketball scrimmage that Nike had on campus. I'm sure she's going to be wearing them on court. I'm sure we're going to see people like Aaron FOX from Sacramento Kings and Jordan bell on the warriors wearing them. And so I think Nike's idea is you see this with young players. They're comfortable if you can get their behavior changed early. Maybe they can avoid some of the damage to their feet over over years time. Yeah. And if that starts to change the culture Nike stand to have kind of an entirely different layer of infiltration into a leaguer leagues. They're already at kind of critical mass..
"nike" Discussed on Channel 33
"I think the the tricky question of cabinet is that he really he sacrificed career and Nike has stepped in as this sort of corporate benefactor. Yeah, it's uncomfortable. I definitely don't blame him for taking money from Nike because he is effectively blacklisted from his chosen profession. I see it from his perspective as this is an opportunity to have a really powerful backer help spread his message on. I definitely wish that the Nike commercial had like touched on police brutality against black people like it didn't really. It just sort of year advertisement is very, you know, I should say kapernick. He narrates the the main commercial. Yeah, but it's all like if very good people say you can't do something, you should do it. You know, it's like it's like all of these vignettes about, we'll say, you're bad at basketball, just play basketball, some more in the ABI, Ron j you know what I mean? If that the commercial is that kind of sentiment. And so it's like you take believe in something even if it means sacrificing everything as a tagline and you look at cabernet, can you understand what the. Stakes of that art and his innocence, but then the just do it campaign universalize is that sentiment to be about athletic commitment. It, you know, it's very hard kids way to where it's like you should. You should try our hardest than do your best so that you can excel. Yeah, and that's a again, it's it's like an appropriate message, but it also feels like a reductive again, it's like a child if occasion of wit happening, specific usage of that sort of messaging. Yeah, it's definitely turning very pointed activism into advertising for shoes. Right. What do you think like he bought into this? Because I think Nike knew that this would result in sales bump, or I mean, they couldn't know for certain. Obviously, it was a gamble. In terms of like how this campaign would be received, but like Nike is Nike, Michael Bowman, who like are very smart sportswriter colleague wrote about this and one one thing that he wrote that really stuck with me was he said, you can't build a multibillion dollar company from scratch and fifty four years of social Justice as anything approaching a primary concern. Companies like Nike are by nature aggressively amoral when I think he's spot on, and I think that Nike assess the situation and determined that more people would buy Nike shit because of this ad. And that was the bottom line. If they assess the situation and thought that more people would buy Nike shit if they're ad was like stand for the. Yeah. Why would like I don't think that someone at Nike is like actually invested in this 'cause or maybe they are, but they're not invested in this caused above selling actually is an interesting word in that case is I mean they are actually invested in so much as investment is paying governor that is an actual investment, but it's more like, are they spiritually or they politically invested and if anything, I think there there are two ways look at it, right? It's like at best you can say there may be not politically invested in the same way or in the same spirit that happening is, but they're visited like passively financially invested in. And at worst, you can look at Nike and say in the long term, does this actually undermined the messaging? Is this undermine caps outlook on his protests as a way to get more people talking. About police brutality, if the Maki advertisements are going to come along and reconnect showlights his words as being about like encouraging kids to play tennis or whatever..
"nike" Discussed on The Dan Le Batard Show with Stugotz
"Your truly thoughts. Nike is the only person here. Who's intent on business and getting paid. That's where your social issues sit today in two thousand eighteen, but it's still an important issue whether Nike decides to commercialize it or not. It can still be an important issue. Even as a sneaker campaign might feel like it cheapens it, but let's get more will Cain here. You can hear him everyday after our show. I don't work up the level of outrage of the people out there, obviously burning their Nikes on social media or even those that are upset about it. I'm not upset about it. Not said about Nike Knopp said about capital. The only thing I would say is this day DEA the cabinet sacrificed. Everything. That to me was a misstep that's a message that could upset people and that a message understandably like really becoming the spokesman for Nike getting multimillion dollar endorsement campaign with Nike giving a pro football career that sacrificing everything I understand people that go, please put that in context. Even on these issues. Look at guys, you don't have to do the military thing. You don't have to talk about the people have given up. In your life. You can even talk about the people who gave up in the fight for civil rights much more than the everything. It's insinuated. Colin cabinet gave up. It's just a little much to say Colin Kaepernick, sacrificed everything after Stephen as show. That's a fun. What we'll hear from Stephen a. on this issue because of kapernick is being discussed somewhere. He sometimes will arrive as well by bumper car or by rocket ship, or by by the transportation out of Syracuse from the Syracuse football locker room. Stephen, a Smith can also be heard after our show and he had opinions on Colin Kaepernick. We're not aware to capitol knew it would sacrifice everything because he didn't announce to the world what he was doing. He just took a knee and the local and national media ignored it for weeks. And then after he was asked, he told them why he was taking the knee, but even after that, he was still on a roster, he was still playing. And when he left the opted out of his own contract cabinet wasn't aware, it would cost them everything. There was no plan. He. Here. Why do you think the players coalition got they own plan but cap, Nick every day was another terms of teammates have the own vision. There's no orchestrated devised plan here. This never been. He meant Eric Reid. Yeah, you can't hear both after our show. That's impossible. They don't do a show together. It's Stephen a. after us will Cain does three eight, six. We're done on a radio station. We're no radio network, but they they do do a show together though, and that show is for stay. Right. But he Dan, it said both those guys shows were on after our show here on the radio station. They are both after our ES but not directly after hours. I mean, we'll k. and you gotta sit through two hours of Stephen, a Smith until you get before you get to will Cain. That's why I just, I'm not certain if you knew the lineup, that's all directly after us. Right. And then the the other ones directly after that, that is correct. Yes. Yup. Stephen, a. first and then we'll Kane is second, right? Let's hear some more from Stephen, a Smith on how Nike has hijacked this story. Everybody sitting up there and they saying Nike, Nike ahead of the curb Nike on the right side of history, Nike, Nike, Nike. Well, Bravo, Nike. Congratulations for being so damn OB. Obvious. Here's my question, the Nike where the hell have you been two years for the list? Two years. You have been paying Colin captaining. Where would he advertisements? Where was the marketing? Where would it t shirts and shoes? Where was that at those merchandise? What was going on you bit late to the party and so that Nike has jumped on a bandwagon essentially hijacking, the issue of selves. We go find us talking about what Nike did instead of what Colin cabinet supposedly intended. So hijack it sooner is the point you're going to hijack this story..
"nike" Discussed on Ross Patterson Revolution!
"Its Serena's in its, but with different quotes, sports shit, like normal Fisher shit. He was the only one that got the sacrifice of everything. Wow. The timing to me is unbelievably horrific where the NFL starting the opening game starting in three days, they spent the entire off season because the ratings were so shitty last year trying to revamp their image. Finding people for kneeling doing everything like against kneeling for the anthem and all of this shit. The re days before the opening game of the season. Now you're, you're jamming this down, everybody's throats again. What? What happens to the like? I don't even know like Nike going through whatever the fuck Nike is going through right now. This backlash because look hashtag boycott. Nike's been trending all fucking day and nights. And whether or not people are actually going to boycott Nike. I don't know. Like. Mike. Who knows to people love Nike enough that they're just like, okay, this is what happened in and out over the weekend. Turns out that in and out was giving has been giving money to the Republicans senate's funding for state of California and all the Democrats, California, where like where boycotting in and out and everybody was like. Thank you. Yeah, I kind of feel the same way with Nike where it's just like I like other shoes. I wear Nike a lot, but I look at it and I'm like, all right. I was thinking about it today before we walked in the studio. It was like the Nikes I do have are for like my favorite sports teams and other shit like that. I love new balance and everything else can go new balance. Maybe I love new bells. Yeah, yeah, yeah. I don't know. I don't was making a comeback. I'm not gonna Reebok. Yeah, I exactly on par. I could do new balance some old school. Cool. Shit. Yeah, sa- Coney. Coney. Never knew how to pronounce that my entire life was was sauce. Innate was Kona. Yeah, I guess soaking. Who fucking nose. Anyway, of course, I don't know. No, no, not prayer horse. I don't own the thing within and out to. It's like they're, they're well known really Christian Republican company. We've always known that they have John three sixteen on their fuck ups, like. They're very, very Christian. Very Republican. Yeah, so that boycott didn't work out so. Well, I don't know if people are actually going to boycott Nike and how long this lasts and blah, blah, blah. But we'll see. We'll find out, you know, obviously in a few months with the bottom line numbers are when a stock report. Yeah, live too far. Anyone boycotted that line could be good. Short, same with Chick-fil-A. Remember when she went through that whole thing, it never got shorter. No, no. Fuck that in and out by my dad's house. Like I went the last time I was there and it was too. Lee around the corner down the street, same with Chick-fil-A Hollywood and everybody was like, change the hate gays. We're gonna fucking boycott. No, that line of Chick-fil-A you'll be in it for the rest of your people in their fuck they were but fucking in the bathroom. Yeah. How to an eight piece around share show no one's giving up Chick-fil-A. No one's giving up in and out, and I don't know how many people are actually going to give up Nike, but we'll see. We'll see what I will say. This is we're going. Dan and I are going to the opening game on Thursday. I'll be curious to see, look because I'll be there fucking third row from the goddamn field. I'll be able to see if people are actually going to kneel and all that other stuff. 'cause the rumor I heard is that they're not going to show the national anthem on television anymore. Just in case there is right, but I'll be there to see if there is also sitting by the fucking tunnel. So I mean, I'm right there like my footage will be insane. Follow me on Instagram at St James as James and see, it's because I have some crazy footage of that where it's just like, whoa way too close to like you should not be that close to field. I'll I'll get the real shit. Yeah, I'm not even be money bringing Trump head, you know. I'm so close that if they throw a just a nice fade in the end zone, boom, see my my giant Trump head on. Just be so funny. So. And I will say this full disclosure to..
"nike" Discussed on First Things First
"Caption, believe in something even if it means sacrificing everything. See, what was your reaction to the campaign? I was very, very fortunate because cap sent this to me yesterday to give me a heads up that they were going to be releasing it. So I'm happy for him. There's two sides of this for me. I'm happy that he's able to get some support by someone who's been doing it for a long, long time, and someone. Who I respect. I was a Nike athlete for at least twenty five years. Nike athlete went to Nike school at Ohio State and sign with Nike and word Nike throughout my career, and Nike is provided me with merchandise for a long, long, long, long time. So I must say that before my my comments, I'm happy to have someone like Nike because Nike does get behind edgy campaigning, and that is real support people out to say, hey, you know something, I got your, I got your back. I got your support, but with Nike gets behind you, especially in something in athletic field, you really have some strong support, but the other side of it, I still see a kid, not a man is trying to make people more aware, but I still see a kid who's not going to be able to play the National Football League. We're getting star ninety nine season and you still got you. Got quarterbacks, Blake Bortles there in Jacksonville, is he to answer you got a quarterback situation in buffalo. They just got. Traded a quarterback, put in a guy, threw five interceptions in the first half and the guy to drafted in the first round not going to play him. So for me, I'm saying that he's not playing in the league because to me, that's the end game. All right. The best players playing in the league cap, sit steel be playing, but he has tremendous support from Nike. I'm happy he's able to move forward because I don't think you'll ever put on NFL uniform again, and I'm going to take some slight issue. One of the things you said in the lead up, which is Nike betting that it's not going to alienate customers. I disagree Nike knows it's going to Elliott certain people with this. I think they're making a twofold one that there are other people that will redouble their support for Nike or maybe folks that used to be Adidas or Under Armour fantasy. You know what? I'm gonna go support Nike in support of cap, but also Nike is looking to me that you're looking at this on a much longer time horizon than the less next. Quarterly balance sheet and the next stock market open. They are saying, what have we represented this? Our thirtieth anniversary? What have we represented for thirty years?.
"nike" Discussed on Build A Big Podcast - Marketing Podcast For Podcasters
"Talk about this Nike ad campaign with Colin Kaepernick. It's a black and white close up of his face. The bottom of the ad says, believe in something even if it means sacrificing everything. Lots of talk online about this. Lots of talking newspapers, television, radio, mostly people taking one side of the argument or the other. I want to talk about how it relates to your podcast. We'll give you similarly the situation to bring you up to speed. The headline from article I just found on CNBC says, nyc shares fall as backlash erupts over new ad campaign featuring Colin Kaepernick here the bullet points. Next shares fall Tuesday after company revealed in new ad campaign featuring Colin Kaepernick the news of capper Nick becoming the face of Nike's marketing campaigns, sparks some backlash from consumers on social media. And the reason for that is in two thousand sixteen, he decided not to stand for the national anthem to protest. Racial injustice, hashtag Nike boycott is trended on Twitter with some people saying they were going to burn their Nike sneakers. Now, what does this have to do with podcasting? Let's look back to that. Initial protests. He decided not to stand for the national anthem to protest racial injustice. That's my understanding of why he did that. That's what he has said. Yet. People wanna make it something different. It's about the flag. It's about disrespecting veterans. You've heard those arguments that's big lesson. Number one people are going to miss understand your message. You can be crystal clear about it. You can spell it out. You can put it in writing. You can say, this is what I'm trying to do. People are gonna put their own spin on it. Knowing this you've got three options. You can put the message out anyway, speak your truth. You can soften the message, try to make it a little bit more palatable, so it doesn't have that kind of backlash, three don't say anything. That's what most people do. Everybody's got an opinion. They lived a spouted on social media. They love to remain anonymous, talk about it in their homes. But when it comes to a podcast, how many people are actually saying anything, not many. Big, listen, number two do not. She's in that first option. Speak your truth. What's the point? What's the point? Let's say you've got a religious broadcast a Christian podcast. You're Christian, you believe in Jesus. Are you going to say you believe in Jesus? Are you gonna talk about a higher power, soften that message, make it a little bit more palatable. Bring people in who may be are offended by Jesus. What are you going to do? Higher power is not going to connect Christians and if you're Christian, that's not your belief anyway. Now I could give you a million examples of this, but I'm not here to give you examples. I'm here to have you think about your message. What is your message? I'm here to let you know that it is okay for you to repel people. That's big lesson number three here just as many people love Nike today as eight them maybe more. When some people saw that ad. This man, Nike gets me, Nike gets what this guy's trying to do. He gets how I feel and they love Nike even more. Was it risky? Hell? Yeah, it was risky. Anything worth doing is risky. You're gonna put your voice to a podcast, put it out into the world. Once it's out, it's out. You don't know who's going to hear it. Maybe some people going to hear it that you don't want to hear. That's a risk. Some people are going to disagree with you. Some people are going to leave you bad reviews. Some people are going to send you a non emails. It happens even at a small level, your podcast go into podcasting, Facebook group, people get into arguments over the dumbest things. Now that Mike sucks. Don't use that. Mike. It sucks. Who cares? The right? Mike is the one that you got in front of you the right Mike is the one that enables you get your podcast out, who cares about microphones you people get into arguments about them. So imagine when he gets into something important, something that really matters, big social issue, something like injustice, police brutality, health care war people are opinionated about those things. And if you talk about any of those things, you're going to get backlash that Christian podcast that I mentioned. I see this happen all the time with Christian authors. They are in a hard place. You think you got a bad magin being a Christian author get Christians on top of Christians. Now it's not Jesus enough. He didn't praise God in the way I wanna praise God. You got the eighth yeast in there. This is to Christian too much Jesus. You can't please anybody. You got to please yourself. You fly your flag. That's what Nike's doing. We'll pay off. We'll see too early to tell today, their stock dropped a little bit, but now he's been around for a long time. Thirty years of the just do a campaign that's his call and cabinet campaign is about. He's not the only athlete involved in this new campaign. Just the guy getting the most press right now from a business standpoint, I think it was brilliant. What did indeed is due today? It's too late for them to make a bold move like this. They look like followers same thing for your podcast or you're going to lead or are you going to follow? We all want listeners. We all want the people to love what we have to say before people want to lead do you. You need to act like it. That means taking. Stand. Are you gonna repel some people? Yes. Hell, yes, you're going to repel some people, but some people are going to love you even more the Nike Swoosh it means something different today. And while there are few people that are burning their Nike stuff, making a big deal about it. There are other people that are going out to the mall to stores like Amazon by Nike stuff, and they're going to wear it in a totally different way. This is a long game just like your long game. We're not going to be thinking about the stock dropping for a couple of days if you years from. Now, we're going to be thinking about who took a stand on this issue and maybe they lost money, but it's a big company they can afford to lose money. You can afford to lose a few listeners by speaking your truth and keeping the listeners that are really into you and making them true fans speak your truth and focus on those people.
"nike" Discussed on First and Last
"You like that dingy Devon as you just playing the loop back, I thought we're going to. I created everyone just waits that is that's like one of the youth, the match light, and then you get the first verse of guess who's back and it goes right back to it. That is absolutely gonna mess with me. Podcast, audience, joy, this one. It's been a morning around here. Man, I, there are a lot of very serious things that happened in the world of sports and a lot of things that I think we need to enjoy. And that's one of my favorite things about the Dan lebatardshow that you can hear from ten to one AM eastern every Monday through Friday here on ESPN radio is that they managed to somehow address those serious issues while still enjoying something that is particularly humorous. And while we all didn't like to see Nick Sabin act like jerkin post game, press conference with someone that we all know in like around here in Rio Taylor who's just doing her job, this sound bite. So in conjunction with Nick Sabin that we heard yesterday just to be clear on something is I love all of our players on that side by side to me is funny, and I hope we can all sit here and admit that. So we've got that going on this morning. We've got Nike rolling out a new ad campaign with Colin capper, Nick yesterday, shocking lot of The people. people that he'd been on the payroll for so long and Nike is right now, I think four between Nike, the just do it campaign that is thirty years old that they made Colin apart of and cabinet himself. It is about four of the top trending topics in the United States right now, which lets me know that Nike is at least to some extent accomplish what they were seeking out to do. And we heard from one of the Nike executives of this was an ad campaign targeted at fifteen to seventeen year old kids. And we saw strong reaction from people that were not fifteen to seventeen that were little bit unhappy and took to Twitter to do things like burn shoes and cut off the Swoosh logos of their socks, which I didn't really understand. It was like the sound guy for big and rich has. Is there anything you hate enough to cut off the top portion of your socks? I'm talking the socks, go past the ankles because you are really inconveniencing yourself after already handing over your money into them. Also does Nike care enough about socks sales to really be affected by that? I think it's probably not the best. Form of protest in all these things because you're just walking around with that awful feeling of your socks sliding down your feet. And no one wants that I last year on ESPN radio and the ESPN app waiting awhile for this one guys..
"nike" Discussed on Business Wars Daily
"Monday morning that Nike employees can be happy about last week. The company announced it's raising the wages of ten percent of its workforce about seven thousand people to address concerns over pay equity. That's a big victory for Nike's female in minority employee's earlier this year, they revolted against what they called a culture of harassment and discrimination at thirty six billion dollar clothing and footwear brand. According to an investigation by the New York Times. In most cases, their complaints were ignored. Some employees, he's felt they were victims of retribution, acclaim, Nike. Disputes earlier this year, several high profile, female executives left Nike. Following those exits. Several women circulated an internal survey about Nike's culture, the results, detailed, numerous incidents of sexual harassment, bullying and discrimination. That survey made its way to CEO Mark Parker, ultimately eleven executives left the company as a result in addition to raising wages, Nike leadership is also changing the way at hands out bonuses until now, the company considered individual as well as team performance. When it incentivized workers. Now, bonuses will largely be linked to company-wide performance experts. Say such wage in bonus. Overhauls are unusual. Nike has another battle on its hands to the battle for continued growth, especially in the women's market. Not surprisingly female employees say Nike's poor performance in women's footwear. Clothing is a direct result of the lack of women leading the women's division still for Nike's employees. The changes represent a big win the victory of metoo over just do it. The question is, will other fortune five hundred companies following nights, footsteps.
"nike" Discussed on The Tom Leykis Show
"And it's the toll stock market fund is that stupid no how much you've got invested but that means you are invested in over five thousand companies so if the market generally goes up you go up the market generally goes down you go down with it so that certainly not a bad way to go i like it a little more diversification in terms of trying to capitalize on certain specific areas for example one of my sources says that this summer health stocks are going to go way up so i bought today a significant position in vanguard health care fund as an example but if you if you don't want to do the work and you don't have the time to do the work and you don't have the inclination where there are people who don't like numbers don't like thinking about it a to invest in the vanguard total stock market fund is a great way to go i have no problem with that i also have my regular stock market account that's with td ameritrade and i bought nike and nike was around in the low sixties and now i don't have that much in there but now it's like hitting about seventy one seventy two in that range and i'm thinking about getting rid of it let me think about that stock is it i just don't know that it's not a stock i have studied that's not a sock i've been invested in so i don't know i would direct you to a place like morningstar to see what they're saying about nike certainly there are a lot of people made a lot of money with nike but nike has also had its ups and downs and so you really have to check and see what the experts are saying today that's certainly what what i would be doing now i am looking at the nike report here on morningstar and let's see what morningstar has to say about it they rated three stars so three stars not bad they say it's fairly valued a little bit above what the intrinsic value of the company is and so it might be a good idea to bail it does not pay a dividend as you know and so what you wanted at what price the low sixties like sixty one sixty two somewhere on there so you have a.
"nike" Discussed on CBS Sports Eye On College Basketball Podcast
"Intriguing to me and is is really just exposing a lot of how college basketball has worked for better for worse for decades and i think we've spoken about this before but this was almost considered just acceptable behavior when it came to recruiting talked about this with somebody yesterday when college coaches talk about cheating what what they usually mean is like an assistant coach dropping on fifteen thousand dollars cash to a mom or a summer summer coach or somebody to to secure a prospect go basically everybody agrees that role but like under armor working for maryland is just sort of considered yeah that's just that's just the way that works or nike working for any of the big nike schools people like nike kid and you know nike had their fingers on that kid so we lost him to this nike score that nike school and adidas working for a dita schools like it was almost clearly in violation of incidentally rules and at least according to the us attorney's office in violation of of of federal crime a federal law but it was just the way things got done in college basketball like i i never really heard a coach complain that they lost a kid to they lost a nike kid to a nike school or they lost in a kid to at a d score they lost an under armour's kid to an under armor school it just like yeah well that's the way that works and.
"nike" Discussed on The Basketball Friends
"It was that when cases cold the toy theory the acting president he's theor consciously chose this the bronze congress enes uh all right so here we go i want to confirm with this chain said nike is all the bronx team okay labant nike demarcus cousins nike anthony davis nike kevin durant nike curry nike lamarcus aldridge nike bradley beal nike paul george nike kevin love nike picheral depot nike kristaps adidas oh gangrene burn dario napoli uh oil john law adidas russell jordan but nike um yeah sorry hey whoever tweeted that get your facts straight buddy jacob you expect to the factor you take your phone calls on the air getting a great isis david the what happens to bogey this summer book gets fay fog this for these as he leave trey office gadgets is actually yeah no my dog bite are at pickers staying nuttaqi but trade this is my question do you think this actually makes it more likely that that damarcus stays in new orleans yes i do too i didn't think he was don't leave anyway to be on an old see i thought he was going to leave he loved new orleans and day he loves eighty so let us the let's see how this rehab goes first let's see how this rehab gummy somebody compared it to like boogie getting hurt the st thomas elton brand towards achilles at the same age and the decline those test not fair but moody's a big on the different ways man without of me i was me me actually russia do utah.