Has $NKE made any significant acquisitions in the past? The company has experienced some headwinds in the past but has world class marketing and product design & scale distribution. CEO Donahue sucked (surprising no one except the BoD) and the new peeps will reverse his idiotic decisions.
While I am not a $NKE historian, I am old enough to remember in the past when other shoe brands took share from the company and it looked like it would never win those customers back.
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Even small brands are picking up ….
It’s been very interesting to observe:)
https://www.forbes.com/sites/greatspeculations/2019/11/15/was-nikes-acquisition-of-converse-a-bargain-or-a-disaster/