37 Burst results for "nike"
Fresh update on "nike" discussed on The KFBK Morning News
"600 contestants competing for more than $250,000 in prize money. The 1/100 annual roundup will take place this weekend starting April 16th. Ending April 18th effort to him a district fairgrounds in Red Bluff, a goal rodeo. Yeah, I love it. Thank you. Nike has a new part program. They're launching refurbished shoes. They're going to take in the used ones and turn them around. You know what? Not a bad idea. A lot of people like a company that's has a little bit of an eye towards sustainability. That's good. Yeah, in the golfing industry. They do that with golf balls, by the way, the game by refurbished golf balls. That's a little different. No, it's not, You know. Thanks. So it's refurbished. Well, you know, it's the definition. You know where it No wouldn't wear a golf ball. You know, you can where you can wear a pair of Kanye West sneakers. Yeah. How much is that gonna cost all right, he is selling His sneakers for $1 million Mama. Yeah, He wore them on stage, though. Oh, well in the 2008 Grammys for his performance of Hey, mama and stronger They're currently valued. One million who's valuing them? I gotta look into this article more. You going through a divorce? I'm sure he's trying to raise a little cash or I don't know how it works. But I'm gonna sell my loafers. No, don't buy him but that holes in them. No, they're actually okay. Speaking of fashion, you did some work on this. I understand. But when I get dressed up again, they are tired of just slipping out of their bed and their sweat. Although I hear some people right now yelling back at their their Alexa. I'm not all tired. I'm not Kristina. We're going deeper into that one. For sure. Getting the vaccine is up to you Change people's arms getting you. The latest information on the vaccine is up to us. Updated information with the very latest on how you can receive yours. Stay connected. Get all the facts. Sacramento's news 93.1 kfbk No place like a cowboy place in no time. Like a couple of time in the way like the cowboy way. Have a cowboy can today? Yeah, when you're all that hope proud boys contained that cowboy ground. No way, like the cowboy way. Have a cowboy candidate here like to have a big time. The new big scape burger, Everybody Roger's restaurants. It's a quarter pound burger with Smithfield pulled pork beer battered onion rings American cheese in spicy barbecue sauce on.
Satanic Panic Hits the Shoe Market
"From one. I'm david brown. And this is business. Wars daily on this tuesday april thirteenth. Every so often we get to cover a business. Were on this. Show this just a bit of a head scratcher and today's story is just that it involves a very successful rapper. A very successful company and a satan themed shoe allegedly made with drops of human blood. See i told you it's a head scratcher. You may know of the aforementioned. Rapper lil gnaws x. His country rap song old town road sat atop billboard's top one hundred chart for a record nineteen weeks and catapulted. The rapper to notoriety now allows x has a new song out and the accompanying video has sent viewers into a tizzy in the video for monteiro. The rapper descends into hell and dances with satan himself. Social media erupted with reactions to the video which yes includes sexually explicit references to the bible and satan so horrified was south dakota's republican governor christie gnome that she tweeted about the controversy saying quote we are in the fight for the soul of our nation unquote quote but the video release was only part of the album's promotion lil- knows ex partnered with new york based art collective mischief to make a shoe naturally called the satan shoe. It's a black athletic shoe. Embellished with a pentagram allegedly contains a drop of human blood in the soul and it has one other unmistakable feature a nike swoosh now mischief is no stranger to messing with major brands. That's kind of its stick. The collective previously bought a robot dog from boston dynamics outfitted with a paintball gun and created an app that allowed people to control the robot. And it's gone. This move drew. Ire of course from boston dynamics the group
Fresh update on "nike" discussed on Morning Edition
"They were Nike Air Max speed turf with the yellow logo. Surveillance cameras captured the figure walking through a Capitol Hill neighborhood the night before the January six riots. One of the bombs was placed on a park bench near the headquarters of the Democratic National Committee, the other behind Republican Party headquarters. And surveillance footage caught the suspect walking look at how close their feet are to each other. So that is a narrow base of gate. That's Dr Mike Nierenberg, who wrote the textbook on forensic gait analysis. He helps identify people based on how they walk. He's watching along with us as we review surveillance video from that night. Immediately. What you notice is the arm swing of the person on that left arm. There's not a lot of rotation in their upper half of their body, their torso. The FBI has asked for help finding someone who walks like this. The explosive devices they found were made from one by eight inch galvanized steel pipes. Plumbers typically used And they had plastic kitchen timers mounted on top. The kind you spin around set. The FBI said the explosive inside was homemade black powder, which could be a mix of just about anything that will ignite. Typically, it includes salt Peter and sulfur and gunpowder. The FBI is yet to say exactly what explosive was in these particular devices. Gary Black is a retired FBI special agent and master bomb technician. He helped investigate the 1995 Oklahoma City bombing. And he says these new devices for dangerous what I think would be accurate to say given the information we have Is. This is a very hazardous device that could kill people. He began talking us through the publicly released evidence on the January 5th bomber. The paperclip is designed to serve as part of a switch. So it looks from this image that there may be some wires attached wrapped around the dial. The party turned to set the time. The reason we know anything at all about an open FBI investigation is because law enforcement has repeatedly turned to the public for clues, and they're offering a reward, which has risen from 50 to 100,000 Stephen Dent Well know, is the assistant director in charge of the FBI's Washington field office, and he has for help this way. We still believe there's someone out there who has information that they may not have realized was significant until now. They want to know if the public is aware of individuals who acted suspiciously leading up to January 5th. Did they know someone who purchased multiple kitchen timers, or maybe showed an unusual interest in explosives without a suspect in custody? It could be difficult to determine motive. Steven son, who is the chief of the U. S. Capitol. Police during the riots, testified before Congress that he believes these devices were likely meant as a diversion and then also the fact that we're dealing with two pipe bombs that were specifically, you know, set right off the edge of our perimeter to what I suspect draw a resource is away. I think there was a significant coordination with this attack. Whatever the motive, the suspect knew enough to conceal his or her identity. You can see the person's wearing gloves. They seem to Be familiar with their They probably know there's cameras here and there and have really just covered their tracks. That's Doug Coombs. He spent 22 years in the FBI and focused on counterterrorism after 9 11. Despite covering their tracks, Kun says that just one mistake could yield. A forensics bonanza have worked some cases and with some similarities where everything was covered, But they made one mistake like they used a trash bag toe. Hide the device in and tight and not in it. We got a partial fingerprint from inside the not so it's that meticulous, tedious forensic investigation that will crack something like that. It's been more than three months since the suspect planted these explosive devices. With all the resources Theo FBI has, they haven't been able to make an arrest. But very black. The Oklahoma City bomb investigator says it just takes time. You know we've had bombing investigations where it would be 10 15 20 years before someone was indicted, of course, the FBI is hoping for a faster.
Nike and MSCHF Reach Settlement in 'Satan Shoes' Trademark Lawsuit
"Rapper Little Naz X has agreed to a voluntary recall. The settlement resolves a trademark infringement lawsuit that Nike filed last week over the black and Red Devil themes. Sneakers,
Nike Settles Lil Nas X Satan Shoe Lawsuit With MSCHF
"Art collective that created the controversial Satan shoes containing a drop of real human blood has offered a voluntary recall in the U. S. It's part of a legal settlement in the trademark infringement lawsuit against MS Mischief, which created the shoes in collaboration with the rapper Lil Nars Eggs. A team of
Nike Settles Lawsuit Over Lil Nas X's Satan Shoes
"Nike says the art collective that created the controversial Satan shoes containing a drop of human blood has agreed to offer a voluntary recall in the U. S. It's part of a legal settlement in the trademark infringement lawsuit against Brooklyn based Mischief, which created the shoes in collaboration with the rapper Lil NASA Eggs. Shoes modified Nike Air Max 97th.
Nike suspends endorsement of Houston Texans QB Deshaun Watson
"Deshaun watson is losing a pair of endorsement deals amid several sexual misconduct allegations. Nike says they are suspending. Their deal with watson and espn is reporting that beats by dre is ending their sponsorship with the qb twenty. Two women have filed lawsuits against watson over the last month accusing him of inappropriate behavior and sexual assault during sasha appointments. Two of the women detail their experiences publicly yesterday in a statement nike said they are deeply concerned by the allegations. Which watson has denied both the nfl and the houston police department are investigating the claims later this
Houston Texans QB Deshaun Watson Loses Major Endorsement Deal
"Company that had endorsed to star NFL quarterback is now taking a pass in the wake of being accused of sexual assault and inappropriate sexual behavior. In 22 separate civil lawsuits filed over the last month, Houston Texans quarterback to Shawn Watson has had his endorsement contract with Nike suspended. Fox is Jared Max Watson has not been criminally charged. He has denied any wrongdoing, largely accused of sexual misconduct with women. He is alleged to have paid. Massages. The Houston Police Department and the NFL are investigating the claims.
Nike gets restraining order against Lil Nas X's "Satan Shoes"
"Oh and there is. A manufacturer called ms mischief s. c h f. They took off a license plate. And what mischief did is by and modify nike air. Max ninety seven's and we're selling them for a thousand bucks to customers in incidentally just let you know all the payers were sold out within a minute going on sale now to give you an idea of where this is going they only created and worshiping out six hundred sixty six pairs of the shoes and what it was about is satanic. Not only they modify the shoes. There's also a drop of human blood in the shoe. Combine get a bloody nose in more than a drop on your eye sneakers. come on it's But anyway so what nike did is take them to court saying. Hey that's our brand and you're selling these things cannik female sneakers using nike shoes and therefore people may very well think there is a connection. That nike has something to do with it. Which nike does not so. The nike went to court and blocked. Lil nasr ex. That's who is the air jordans except it's little nasr x.'s satanic they call him satan shoes and the The judge says you're not shipping them right now. There is a temporary restraining order preventing the shoes from being shipped and Then they'll be a full hearing but as of right now there are six hundred and sixty six pairs of shoes that were sold out in minutes.
Big Companies Like FedEx and Nike Paid No Federal Taxes
"Now it's 5 42 new research confirms the staggering death toll from the Corona virus pandemic. The number of U. S deaths. Normally change is less than 2% each year. But in 2020, it rose nearly 23%. That's according to research from Virginia Commonwealth University, published in the Journal of the American Medical Association. The researchers say covert 19 accounted for roughly 72% of the so called excess deaths from last year and disruptions caused by the pandemic. We're likely Cause of many of the remaining excess deaths. I'm a steak at a Baltimore factory that ruined 15 million doses of the Johnson and Johnson covert vaccine is not expected to affect how much vaccine Virginia gets next week. Virginia is still due to receive more than 200,000 doses of Johnson and Johnson vaccine next week, But future delivery schedule of Johnson and Johnson is a bit up in the air doctor. Danny Avila is Virginia's vaccine coordinator. He says Prince William County is close to Moving to face one see throughout the Commonwealth as soon as Sunday local health district will have the option to move forward into Phase two and everyone age 16 and older in Virginia will be eligible for vaccine. By April. 18th Michelle BASH w T. O P NEWS HUNTER Biden the son of President Biden is speaking out in a new interview with CBS. He claims he doesn't have any idea whether a laptop at the center of a controversial New York Post story was his But when pressed further on that, Biden did suggest that there may have been a laptop that was stolen from him. The story detailed a computer purportedly belonging to Biden that was left at a Delaware computer shop and never picked up in the Post reported that emails on the computer raised questions about Biden's business connections in Ukraine. The interview with Biden airs tomorrow morning on CBS Sunday morning is going to air it nine o'clock, Many big companies are paying zero federal tax despite pretax profits. Report. Washington Policy Group says more than 50 of the largest U. S companies paid no federal income taxes. Last year, the Institute on Taxation and Economic Policy, says 55 companies, including Nike and Duke Energy, paid zero in taxes by taking advantage of tax breaks that were preserved or expanded under President Donald Trumps 2017 Tax code overhaul. $2.2
Even with pretax profits, many big companies pay zero US tax
"Hi hi Mike Mike Rossi Rossi a a reporting reporting many many big big companies companies pay pay zero zero federal federal tax tax despite despite pre pre tax tax profits profits a a report report from from a a Washington Washington policy policy group group says says more more than than fifty fifty of of the the largest largest U. U. S. S. companies companies paid paid no no federal federal income income taxes taxes last last year year the the institute institute on on taxation taxation and and economic economic policy policy says says fifty fifty five five companies companies including including Nike Nike and and Duke Duke energy energy paid paid zero zero in in taxes taxes by by taking taking advantage advantage of of tax tax breaks breaks that that were were preserved preserved or or expanded expanded under under president president Donald Donald trump's trump's twenty twenty seventeen seventeen tax tax code code overhaul overhaul the the two two point point two two trillion trillion dollar dollar Kobe Kobe to to rescue rescue package package approved approved last last spring spring opened opened even even more more opportunities opportunities for for companies companies to to limit limit their their federal federal tax tax bills bills as as a a group group the the fifty fifty five five companies companies reported reported almost almost forty forty point point five five billion billion dollars dollars in in pre pre tax tax profits profits many many of of the the companies companies received received rebates rebates by by making making investments investments encouraged encouraged by by the the U. U. S. S. government government Mike Mike Rossio Rossio Washington Washington
Nike sues over Lil Nas X's "Satan Shoes"
"Nike is suing the maker. That's mischief the little is satan shoes for trademark infringement. 'cause they have nothing to do with these sneakers. There's no confusion what our company had the no that was coming. I mean the way they market it. Actually you know sounded like low gnaws out of sneaker nike and that's horrible publicity for nike because it does damage to their brand reputation. The you know that company had to know a lawsuit was coming. But i couldn't figure out how they got so many pairs of air max's to make those necas. They got six hundred sixty six pairs of an maxes and we're able to cut them open and put blood in them. Like who gets that many pair of nikes man whose blood wasn't for sure for sure leading it or is that just assuming no i don't know why but why do marketing their elected question for the company like us like why they shouldn't be marketed in like that. If it's not real blood now the same company also did put out. Custom made jesus shoes in two thousand nineteen. So i guess now. This is Their new thing love lawsuits is the corporate way to punch somebody in the mouth. And you're not gonna win against a company like nike. They wanted too long and it was crazy. If you're going to do something like this at least get something out of it. Because i didn't even know the name of the company said it just now. Yeah i knew. I knew about nike. But i didn't know about the company that you know. It's interesting because legally we'll see what happens is just that a lot of people do customize these nikes and resell them for a lot of money. Online they've nike has never messed with that because they understand that sneaker culture but with this. They're arguing that it's harming their reputation by associating the brainless satanic symbols
Nike Sues Over Lil Nas X's "Satan Shoes"
"Offer low interest loans and upgrade ports. Nike Sues Over Louima's Exes Satan shoes Almost ex teamed up with Mr Products Studio for a collaboration on Satan's shoes, black and red Devil theme sneakers that reportedly contained a drop of human blood. But Nike is suing mischief for trademark infringement, reporter Monica Rix says a Nike argues the shoes are basically customized. Air Max is
Nike denies ties to Lil Nas X's 'Satan Shoes'
"A bizarre story Nike denying having any connection to wrap her little nose. Ex's new line of sneakers, not Sex, announced he's collaborating with mischief to create 666 pairs. Of Satan shoes made from Nike Air Max 97. So along with being decorated with a pentagram and Ah Bible verse about Satan, the shoes contained a drop of human blood in the soul. How bizarre night, he said. Not only did they not create this shoe, they also do not endorse
Lil Nas X releases "Satan" Nikes containing real human blood
"So Luna's X had an eventful week and he dropped this song called Montero Comey by your name along with this Really crazy video. He's like seducing Satan with a lap dance, and then he snapped his neck and takes his horns. Well, he's teaming up to create a line of Nike Air Max 90 seven's and they've been called Satan's shoes because they have satanic imagery and Okay, it says they supposedly contain a drop of human blood like it's just a drop this mixed with the ink to color them so like they're the color of blood, but it just start up a lot of controversy. It's so Nike came out to say that they have no idea what this is even all about. They said. They said we don't have. We don't have a relationship with Lana. Zac's They We did not design or we're not releasing them. We do not endorse these. So I don't know what what? Yeah. Mike McGee, Nikes part would be like We have no idea what you're talking about, or where these things came from, because there's so many angles here that could offend people, you know, not just the whole, you know, blood in the shooting, but you know the Satan
Man Says He Found Shrimp Tails in Cinnamon Toast Crunch
"That cinnamon and sugar that makes those country little squares. Jensen carved claims he found shrimp tails and his cinnamon toast crunch. And when he dug in deeper little black spot stuck to some of the cereal that looked a lot like rat feces. He tweeted out pictures to prove it. General Mills says Carps box must have been tampered with the flaps created a debate on social media, with some voicing concerns about shellfish allergies. AARP says. It's no joke. It's the only cereal he eats. He even owns a pair of Kyrie Irving Cinnamon toast Crunch Nikes. Deborah Rodriguez, CBS News Really Loves cinnamon 9 13. Let's take a look at the roadways Right now. It's
Where's the value in NFTs
"You first saw the acronym ft show up in your tweets you got as far as not at four. And then you realize you're quickly going down the wrong path and trying to decipher it. Nfc stanford non fungible tokens now from there. If you're like me you thought it had to do with mushrooms. Maybe mario brothers. I don't know so then you read a paragraph of an article got bored or confused and moved on with the knowledge that all of your assumptions were wrong. But then you didn't actually replace it with any real knowledge okay. And so that was fine until you started seeing f. T. everywhere and you realize that maybe you should learn what it means and also you have a podcast taping coming up so here we are. And it's not that ludicrous bro. Stay with me all right. Mitchell mitchell clarke wrote a delightful article on the verge explaining t so i'm largely relying on that also wired new york times and a few other places. Let's go all right. Non fungible tokens are essentially a way that you can claim ownership of a digital thing. So think music art tweets yes. These are all reproducible. But so is a postcard of the mona lisa. So non fungible tokens exists on a blockchain at this point. Mostly a theory but others are getting on board and there are online marketplaces like open sea bull and fifty gateway where you can buy and sell the official ownership of the digital thing again. We're talking music video. Art animated gifts for artists provides a new way to sell your work and you can also set it up. So that you get a little kickback. Every time the nfc changes hands with a new owner. Lots nice so right now. You're like bro. Why would someone pay millions of dollars for an animated gif when you can just download it for free again. Why would someone bhai a monet painting for millions when you can get it on a mug from the gift shop for fifteen dollars so it all comes down to the basic tautology that some things have value just because someone decides it has value now for some people the value might be bragging rights to that end. You get to buy an nf t fred digital drawing of a cat because you are looking for a new way to show people. You are wealthy for others. Value might be about your phantom or support of an artist or musician. Kings of leon grimes dead mouse and many others have released. And fte's for music and art and for others. The value might be purely speculative. You're buying the nf t for digital drawing up a cat because you think it will rise in value as many other people agree. They want that authentic digital drawing a cat. And you're like seriously digital yes. Ten years ago. A guy named chris torres created the animated. Meam niane cat. You know it as the flying cat with a pop tart for a body and it's leaving a rainbow trail behind as soon as you google. It you're going to be like. Oh cat i totally know what you're talking about. So in february torres created an nf t version and put it up for auction and it sold for nearly six hundred thousand dollars following a last minute bidding frenzy other f- tease out there. William shatner is dental x ray digital baseball cards photos of lindsay lohan. And the first tweet. By jack dorsey just sold for two point. Nine million. don't feel too bad because the proceeds argos support a charity. So there's that and if t. Are definitely booming right now with probably more speculators than collectors and fans driving up prices but experts looking beyond the boom. See a great opportunity for a new way to guarantee authenticity. So for example nike already has a patent to create. Nfc's attached to shoes to guarantee their authenticity. Called crypto. kicks so when you consider that. A pair of air jordan twelve flu games are worth more than one hundred thousand dollars. Yeah i think. I want an fte with that purchase. Please and maybe you're still skeptical like a bunch of people in the comments of the articles. I read but seriously. How is this all that new and different. It's not like people buy sneakers art or baseball cards for the value of the materials themselves. They buy them for the aesthetics. The design the rarity as the new york times quoted. Marc andreessen. ben. Horowitz a two hundred dollar pair of sneakers is like five dollars in plastic. You're buying a feeling and right now the feeling that. Fte's is similar to one a stamp collector or baseball card collector or art collector or fashion. Or even a speculator might feel. It's that feeling that you are special because you own something someone else wants.
Nike exec resigns after son used her credit card to fund sneaker business
"High ranking nike executive resigned after a recent news reports revealed that had used the corporate credit card to help his luxurious resale sneaker business and herbert huber he and hiebert who worked for nike for almost twenty five years was most recently the company's vice president and general manager for north america her nineteen year old son. Joe herbert c. They spelled it wrong the first time. Purchase loads of sneakers and flip them for higher. Profits in one instance. He said that he gathered up. More than fifteen people to swarm a website selling pairs of the coveted easy boots and sneakers and use bots to bypass the system limited purchases to one per customer. Who are actually buying them. So he was able to snag them all up. Joe herbert said he bought one hundred and thirty two thousand dollars worth of yeezy s on his mom's credit card. I'm sorry. I'm a credit card and resold them for twenty thousand dollar profit. There's a couple of things that are going on here. So you may twenty thousand dollars on one hundred thirty two thousand one and you just keep one hundred thirty two thousand. You need at least double it. That's not very good Shares and stuff approve. The revenue of his company was making the teen sent financial statements to bloomberg reporter for the american express corporation card. And guess what was on his mother's name last year and herbert was promoted to nike's vice president and general manager for north america and moved the company touted -ly to a less than brick and mortar store and wanted depend on more of the nike app and stuff however she disclosed information that her son's company in two thousand eighteen and nike found no conflicts of interest. Her son also claimed that she was a high up at nike. He never received inside information from her so nonetheless she richie found out that he was using her car buying nike shoes. And all this other stuff and reselling them
Nike exec resigns after son used her credit card to fund sneaker business
"In 2018 from the former president's sister, Maryanne Trump Barry, according to property records. Nike exec and he burned a 25, year veteran of the sportswear brand abruptly left the company following a Bloomberg Business Week report about her son operating a business reselling sneakers and using a credit card in her name. He reserved his vice president and general manager of North America, while her son known as West Coast, Joe, It turned Jordan's and easy's into a bona fide asset class. There's a Bloomberg pursuits dot com for more I'm Andrew Rhodey. Bloomberg
Nike exec resigns after son used her credit card to fund sneaker business
"Veteran Nike exec has quit. After her son used a credit card in her name. To spend $132,000. Unlimited edition sneakers. The reason he did it is he wanted to flip them. For a $20,000 profit. For his resale business. He had a whole business. Involved in re selling these collectibles sneakers is a sneaker flipper. And you know when your mom is an executive at Nike That's a bad look right? And Ebert has been forced to quit Nike departure effective immediately. Listen to me. I don't want to hear you. That's right. Hit the road. Her son, Joe used a credit card in her name to purchase limited edition sneakers. The college drop out as they call him. You need to call it. God, I guess you gotta gotta drive you. Sorry. Left school. I don't think that you just shame tour, leaving college Necessarily. Not for everybody, but they do column a college dropout, so I did it. I find it funny. I'm laughing cause I just think it's ridiculous. But anyway, the guy didn't do a good thing. He resold the sneakers on his resale company, so he had powered up and it's no wonder he left college. He found a lucrative profession. Reselling sneakers, and he set up the whole business to do it. His mom is a Nike vice president. What could possibly go wrong? So He used her credit card in her name and bought $132,000 worth of limited edition sneakers and then sold them with that $20,000 profit. But you can see how you've got. I don't know the answer there, but the answer is certainly not letting him use your credit card and your money to them. Bye, collectible sneakers and probably have an inside. Track on getting a lot of the
"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.
"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" 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.
"nike" Discussed on MarketFoolery
"This was as it has been the for the last two years this has been the nba finals matches in a match up and from a business standpoint you've had steph carry the very exciting star player for the warriors who is an underarm guy lebron james for cleveland who's a nike guy now that's been the case for three years to ran joins the warriors he's a nike guy and and it's sort of it's interesting to sort of look at it through the prism of those two companies but really when you step back and you look at the performance of the two of them i think i've noticed a lot of what's wrong with nike angle stories going on in the business media the last month or two it's flat over the past year so i understand why there's the are those questions but compared to under armored nike is i'll walk in the park under i'm reached down almost forty percent over the last year so you know using this as an opportunity to sort of us it essentially live at the state of these two businesses where are they now i mean looking at the footwear segment which is a where a lot of the attention has been place especially with uh when when it comes to the nba an emmy nike has hedged its bets pretty nicely exempt around the warriors have carrier wien and lebron james on the cavs so either way nike's gonna come out ahead here they're going to have some positive angle but just looking at the footwear segments of these companies in the latest quarter under armers footwear sales grew two percent to two hundred seventy million dollars.