The amount of Adidas and Hoka I see around is crazy! Nike still may have a few bad quarters ahead I’ll be watching 👀 #investing - ThreadSky

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compoundet.bsky.social • 105 days ago

The amount of Adidas and Hoka I see around is crazy!

Nike still may have a few bad quarters ahead

I’ll be watching 👀

#investing

Comments

retireearlyjourney.bsky.social•104 days ago

Nike has been disrupted, no longer do they have any edge outside of Jordan’s.

hex720.net•105 days ago

I think Fortnite may help them now that you can buy shoes in the game, and Nike is featured in the first set.

iphawk.bsky.social•105 days ago

Hoka's for life now. Well worth the extra money.

compoundet.bsky.social•105 days ago

I run in brooks and love them :)

mtannenbaum.bsky.social•105 days ago

Been seeing more and more On Clouds when hiking the trails though still mostly on Gen X and older.

thinkyparts.bsky.social•105 days ago

We’re all thinking they should make some acquisitions right? The core brand just isn’t cool right now.

mtannenbaum.bsky.social•105 days ago

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.

compoundet.bsky.social•105 days ago

Lots of companies not needing to be acquired for an exit like before as capital has become more abundant

Even small brands are picking up ….

It’s been very interesting to observe:)

hex720.net•105 days ago

Yes, Converse.

https://www.forbes.com/sites/greatspeculations/2019/11/15/was-nikes-acquisition-of-converse-a-bargain-or-a-disaster/

thinkyparts.bsky.social•105 days ago

Not to my knowledge, but they let the competition create real followings that I don’t think they can claw back organically.

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