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Woke mega-brand sees sales slump after being left with warehouses full of clothes and shoes no one wants
Daily Mail UK ^ | March 22, 2025 | BEN SHIMKUS,

Posted on 03/22/2025 12:10:23 PM PDT by Morgana

Nike is still struggling.

The iconic shoe company just reported a shocking sales collapse that has fans worried about the store's future.

It's a bleak update in a saga that has seen arguably America's most legendary athletic fashion brand struggle to put popular products on its shelves.

'To me it seems that the only thing Nike has going for them is brand image to justify outrageous prices,' one customer recently complained on Reddit.

'$200 for a sneaker? Yeah right.'

Nike's sales dropped 9 percent, a staggering $1.16 billion fall in the value of shoes, tracksuits, and t-shirts.

Executives said the slowdown was likely because Chinese consumers are cutting back on spending. There are several reasons for Nike's struggles.

For years, conservatives have criticized Nike for its partnerships with political activists and athletes, such as Colin Kaepernick, who protested during the national anthem, viewing it as a shift toward 'woke' culture.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy
KEYWORDS: china; colinkaepernick; nike; shoes
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1 posted on 03/22/2025 12:10:23 PM PDT by Morgana
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To: Morgana
Woke is broke and Nike is sinking. Schadenfreude.
2 posted on 03/22/2025 12:15:09 PM PDT by wildcard_redneck ( )
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To: wildcard_redneck

Is $200 the average price of a pair of Nike sneakers or is it for a special model? I have never owned Nike so I don’t know.


3 posted on 03/22/2025 12:17:24 PM PDT by nwrep
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To: nwrep

A special model.


4 posted on 03/22/2025 12:20:39 PM PDT by Morgana ( “Abortion is the ultimate exploitation of women.” — Alice Paul 🇺🇸 🇷🇺 )
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To: Morgana; FRiends

Never owned anything by Nike and never bought any Nike brand stuff (new OR used) for my kids when they were growing out of clothes faster than I could keep them dressed! ;)

They’ve always been ridiculously over-priced, use slave labor, etc.


5 posted on 03/22/2025 12:22:29 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Morgana

I’m thinking tragic warehouse fire. Just Do It!


6 posted on 03/22/2025 12:23:38 PM PDT by Billthedrill
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To: Morgana

We have bought Nike shoes in the past, but no more.


7 posted on 03/22/2025 12:24:09 PM PDT by Enterprise ( These people have no honor, no belief, no poetry, no art, no humor, no patriotism.)
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To: Billthedrill

they sell it at wal mart at 75% off


8 posted on 03/22/2025 12:27:42 PM PDT by Morgana ( “Abortion is the ultimate exploitation of women.” — Alice Paul 🇺🇸 🇷🇺 )
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To: Morgana

It won’t stop the Oregon Ducks from buying the best High School and NIL Transfer players. The best College football Team money can buy, and they still can’t win it all.


9 posted on 03/22/2025 12:46:52 PM PDT by DAC21 (")
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To: Morgana

I guess there weren’t enough trannies to buy the cute outfits Dylan Mulvaney was modeling.


10 posted on 03/22/2025 12:51:26 PM PDT by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TPetty)
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To: FamiliarFace

No one wants fag rags…


11 posted on 03/22/2025 12:53:24 PM PDT by 9422WMR
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To: nwrep
I have never owned Nike so I don’t know.

Ghetto rats will pop a cap in your *** to steal them off your feet. So if they are worth killing for, they must be worth buying.

I'll stick to New Balance or Converse, on the other hand.

12 posted on 03/22/2025 12:54:35 PM PDT by PAR35
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To: Morgana

I don’t buy anything from Nike.


13 posted on 03/22/2025 1:10:55 PM PDT by libertylover (Our biggest problem, by far, is that almost all of big media is AGENDA-DRIVEN, not-truth driven.)
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To: Billthedrill

“I’m thinking tragic warehouse fire.”

Probably that’s an option being considered by TPTB at Nike. Of course they’re insured.


14 posted on 03/22/2025 1:11:14 PM PDT by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
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To: Morgana

Get Colin Kaepernick out of hibernation and use him to sell your junk again, that would be a sure fire winner!


15 posted on 03/22/2025 1:11:29 PM PDT by Midwesterner53
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To: Morgana

I live in a very red commumity, around 10-1. Also spend a lot of time in the gym.

Pre-Kapernick (sp?) Nike apparel was everywhere. I myself had shoes, socks, shirts etc. There’s an outlet store nearby.

Now you hardly see any. Most, including myself, wouldn’t be caught dead in wearing Nike.

Spitting in their own customers’ faces was an incredibly stupid thing to do.


16 posted on 03/22/2025 1:12:02 PM PDT by AAABEST (That time Washington0 DC became a corrupted, existential threat to us all...)
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To: DAC21

**It won’t stop the Oregon Ducks from buying the best High School and NIL Transfer players.**

When scanning the yahoo news briefs, (after signing out of email), I have noticed in recent years that the Ducks must have at least a half dozen football uniform designs. The fashionistas of the NCAA it appears. And it translates into more sales I suppose.


17 posted on 03/22/2025 1:22:18 PM PDT by Zuriel (Acts 2:38,39....Do you believe it?)
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To: Morgana
Nike stock price 12/31/21 $166

Nike stock price 3/22/25 $68

No stock splits to account for that price change.


18 posted on 03/22/2025 1:22:45 PM PDT by DAC21 (")
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To: Zuriel

” The fashionistas of the NCAA it appears. And it translates into more sales I suppose”

More so that Billionaire (36 billion) Phil Knight, founder and majority shareholder of Nike is a graduate of Oregon and with his and other donors money makes that a non issue for the Oregon Athletic Dept.


19 posted on 03/22/2025 1:28:48 PM PDT by DAC21 (")
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To: wildcard_redneck

Not so cool anymore? 😁


20 posted on 03/22/2025 1:36:06 PM PDT by SMARTY (In politics, stupidity is not a handicap. Napoleon Bonaparte I)
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