Nike ceo steps down

Wig Twistin Season

Superstar
Supporter
Joined
May 24, 2022
Messages
8,033
Reputation
5,681
Daps
44,296
Reppin
San Diego
What he do:lupe:
-Flooded the market with classics they used to use to bring attention to the brand. People would buy “consolation” shoes after striking out on “rare” pairs. Now there are so many rare pairs, they are sitting.

-No innovation and relying on past and outdated tech causing athletes to start considering competitor brands.

-Drove the stock price down due to trying to switch to a mostly online market and pulling shoes from big chains.

-Allowed competitors to increase market share.
 
Joined
Aug 3, 2012
Messages
44,201
Reputation
-35,261
Daps
244,322
What he do:lupe:



:ohhh:



IMG-3234.jpg

16338166-7272029-image-a-49_1563789536495.jpg
 

Lucky_Lefty

Dreams Are Colder Than Death...
Joined
Apr 30, 2012
Messages
47,901
Reputation
6,615
Daps
125,039
Reppin
Purgatory
-Flooded the market with classics they used to use to bring attention to the brand. People would buy “consolation” shoes after striking out on “rare” pairs. Now there are so many rare pairs, they are sitting.

-No innovation and relying on past and outdated tech causing athletes to start considering competitor brands.

-Drove the stock price down due to trying to switch to a mostly online market and pulling shoes from big chains.

-Allowed competitors to increase market share.
This the real answer and not some dumb ass “he was partying with Diddy” takes.
 
Top