Nike Considering Selling Shoes DIRECTLY on Amazon

GoldenGlove

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Nike could start selling directly on Amazon

Nike could be ready to cut out the middleman and start selling directly on Amazon.com, according to a Goldman Sachs analyst report.
The sportswear brand's products can already be found on Amazon via unlicensed and licensed third-party vendors. But Nike (NKE) is now reportedly nearing a deal to open up its own shop on the e-commerce giant's website.

Goldman (GS) analysts expect the move could benefit Nike by giving it direct control over "how its brand is presented' on Amazon (AMZN, Tech30) and expand its "access to Millennial shoppers" who favor the site.

The report also estimates a possible deal could boost Nike's wholesale revenue by $300 million to $500 million annually.

It would be a welcome sales hike for Nike, which has suffered a rough few months. The company said on June 15 that it's laying off more than 1,000 workers, and its stock has shed 3% of its value over the past three months.

Nike declined to comment on the Goldman report.

Amazon trying to be the ULTIMATE plug for all things dope
:wow:
 

itsyoung!!

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Its almost like it was a multi page thread on this same subject yesterday in the locker room, you know the main section of this site

kvpaw.gif


because you know..Nike selling directly through Amazon, would be kind of big news... yesterday at 5 am when it was released on the stock sites because of wall street

kvpaw.gif































































































im only giving you hard time cause mods always merge my game threads despite being pages longer than others but on same side they dont merge other people threads into mine when its same situation :manny:


edit: on a serious note, if you can afford it -- they are projecting Nike stock to go from $52 to $62+ if this happens, thats a big leap if you put some decent $ into it
 

daze23

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it wouldn't be that different from how they 'fulfill' some of their 3rd party sellers

it would also simplify things for Nike, since they would no longer have to worry about doing their own shipping. although they have already built the infrastructure for that. they might just sell it all to Amazon
 

daze23

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Its almost like it was a multi page thread on this same subject yesterday in the locker room, you know the main section of this site
The Ladies Room is the main section of this site? :usure:

I only go to The Booth and The Arcadium. I would consider The Coliseum and The Booth to be the main sections of this site (Sports & Hip-Hop)
 

itsyoung!!

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The Ladies Room is the main section of this site? :usure:

I only go to The Booth and The Arcadium. I would consider The Coliseum and The Booth to be the main sections of this site (Sports & Hip-Hop)

what in the fukk is the ladies room? The Locker room has always been the main part of this site and most active part. Was like that on Sohh and still remains that way here. Dont act dumb. That part of this site probably drives more yearly traffic to this site than all other sub forums combined. The coliseum is probably a distant 2nd (yearly wise, the coliseum is probably as active during Finals or big games)

The Booth probably doesnt bring even 10% yearly traffic the locker room does (I could be wrong on % :hubie: but I know the locker room is clear most active part of this site )
 

GoldenGlove

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Its almost like it was a multi page thread on this same subject yesterday in the locker room, you know the main section of this site

kvpaw.gif


because you know..Nike selling directly through Amazon, would be kind of big news... yesterday at 5 am when it was released on the stock sites because of wall street

kvpaw.gif































































































im only giving you hard time cause mods always merge my game threads despite being pages longer than others but on same side they dont merge other people threads into mine when its same situation :manny:


edit: on a serious note, if you can afford it -- they are projecting Nike stock to go from $52 to $62+ if this happens, thats a big leap if you put some decent $ into it
Not really giving me a hard time, I don't be in TLR like that. Why didn't you make the thread on this in here since you knew about it yesterday?
:jbhmm:

That's on the TLR mods to move threads to the correct sub-forum
 

GoldenGlove

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This makes sense for Nike on so many levels...

They already have Nike Stores and Outlet Stores everywhere. They don't need to have their shoes anywhere else if they don't want to if they have Amazon as their connect.

Amazon would be able to get people shoes same day just off the fact that Nike is already everywhere. Amazon playing chess while everybody else playing checkers.
:wow:
 
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