Nike share price rebounds in the wake of sales jump

Much was made by some people about the drop in Nike's share price after it aired a new ad involving Colin Kaepernick. After a record sales weekend Nike's share price has erased all those losses. Guess Kaepernick is good for business. Looks like the execs at Nike understand their market better than a bunch of right wingers online.

https://www.ft.com/content/23e7e6b4-b52d-11e8-bbc3-ccd7de085ffe

 

Yup, Nike is just doin' it to those who don't like Kaper.

 

It's a bit like this thread http://www.politicalforum.com/index...o’-box-office-‘roseanne’-cancellation.533863/

regarding Disney. Since then Disney shares have jumped 10%

 

And notice how quiet they go when their metric of outrage turns on them. My personal bet is that plenty of them still believe the 'damage to Nike' line in 6 months or a year and keep repeating it. Subsequent contradictory information will not be processed or retained. Truth is not truth.

 

The initial media Leftist flurry has died down and now the consumers have taken over.... and Nike lost 13% of it's total value.

OOOOOPS!

 

https://www.cbssports.com/nfl/news/...cans-disagree-with-colin-kaepernicks-protest/
Colin Kaepernick is unpopular with a solid majority of Americans. So why do leftists imagine Nike sales are surging because
of this unpopular pariah?

Beats me. It's the leftist way to twist facts around to fit their own political agenda.

 

I just applied the same standards conservatives used. The weekend after the campaign began saw record sales. Within a few weeks of the campaign starting Nike's stock price hit a record high. Conservatives on this thread were convinced that a temporary drop in stock prices was due to the campaign. Conservatives 'twisting facts around to fit their own political agenda' yet again.

As for his unpopularity with 'a solid majority of Americans', I suggest you don't try for a job in marketing. I have worked in & around the industry for decades. Targeting is getting narrower & more precise than ever. In this case the attitude of 'a solid majority of Americans' might actually help to sell shoes to their target demographic.

The problem you have is that you & your little friends got it wrong. Rather than accept that you are just shouting in an attempt tp create a distraction.

 

Nike signed contract with cerebral palsy cross country runner. Good PR cover for the Kaepernick dilemma.

 

I work with a lot of Mexicans, Africans and white people and I can tell you 99% of all of the people wearing any Nike clothes are Mexicans. Yes a lot of them have started buying new Nike clothes so maybe Mexicans and Illegals are responsible for this increase? I sure am not seeing any white people and few blacks wearing Nike stuff.

 

I have not burned anything that I own from Nike yet.

But I won't buy anything else from them ever again.

Not until Kapernick is dead.

 

Mind you I loved the fact that people were going out and buying Nike just to burn them

So who really lost?

 

Yeah but we are talking about THIS group of people



I mean......

 

^^^^^ lol... dude is an idiot.

 

74.51

SJWs are a shorters dream.

 

Meh.

BTW, one of the funny things about all of this is observing conservatives being 'triggered' and demanding their 'safe space' and making exactly the sort of hysterical pronouncements that are supposed to be the territory of 'snowflakes' and 'SJWs'. Same coin, different sides.

 

Don't forget nonpartisan independents.

 

Got what wrong? The NFL has changed their policy about on field Kaepernick type distractions due to fan pressure. That didn't happen by magic.

 

Great, a company that exploits impoverished countries paying children in Indonesia the absolute minimum and charging people double the price for their product is recovering.

All things are right if it goes against those bastard right wingers right?

 

^ pretending that you are against capitalism. Anyway, apart from you changing the premise of the thread, the jobs that are created in the cheaper countries to produce goods for export provide employment and pay a higher wage than those companies in those countries that produce goods for internal consumption

 

No just pointing out irony.

They don't though. They go to cheaper countries to pay as little as possible.

 

That "little as possible" is still higher than the average pay in those cheaper countries which then has the corresponding effect on increasing the average pay for company staff in those cheaper countries that produce goods for the internal market

 

As little as possible is higher than something?

Do you think before you type?

 

Huh? You were the one who wrote "as little as possible" ! Notice the quotation marks, you know, used when someone is quoting someone else. Perhaps you should try thinking for once

 

As little as possible doesn't mean higher than most.

You claimed they pay people in these countries more than the normally would be paid.

That makes no kind of sense.

 

Yes it does. The external pressure by western consumers on non-chinese companies that use Chinese work force to increase wages paid to the Chinese workforce has resulted in increasing the pay to these workers. The knock on effect was also an increase to the Chinese work force that made products intended for internal consumption.

Here is a graph showing the yearly rise in pay for China that occurred after low pay was publisized

And here is a graph up to 2008 showing the exponential pay rise resulting from China entering the export market


And here is a graph showing China's export market:





And here are links explaining the situation:
https://www.jstor.org/stable/41290969?seq=1#page_scan_tab_contents

https://www.tutor2u.net/business/blog/rising-wages-in-china-causes-and-consequences