Posted on 10/04/2021 2:32:21 PM PDT by SJackson
As one of the most popular sports brands in the world and in Israel, the loss of those sales will weigh heavily on the businesses of hundreds of sports stores across the country.
Israeli retailers are fuming after international sporting goods giant Nike on Sunday said it will stop working with them to market its products. The measure will come into effect on May 31, 2022, Nike said.
As one of the most popular sports brands in the world and in Israel, the loss of those sales would weigh heavily on the businesses of hundreds of local sports stores.
In a letter sent to store owners on Sunday, Nike said: “Following a comprehensive review performed by the company and considering the changing marketplace, it has been decided that the continuation of the business relationship between you and the company does no longer match the company’s policy and goals.”
The decision is in line with Nike’s global plans to reduce the number of stores it works with, preferring to direct customers to buy its shoes, clothing, and gear on its website and in company-owned stores.
Nike believes it can earn much higher profits and control its premium product experience by managing the entire sales process itself. The company also ended its relationship with Amazon in 2019.
Nonetheless, stores in Israel say the move would harm their abilities to remain profitable. Some may opt for parallel imports, receiving Nike products from independent suppliers, but that would raise prices.
I believe there are Nike owned/licensed stores in Israel which I assume aren't impacted so this isn't a Ben and Jerry action.
I think Israel can make its own shoes. More importantly, they will make better shoes and not just make shoes that will last one year and without the cost of the brand.
Still using Chinese slave labor and sweatshops, though, I’d guess.
Time to boycott NIKE. Unilever found out the hard way.
Cutting off your nose to spite your face
I don’t know how Israeli’s view it. But ultra-woke Nike can kiss my Christian free American hairy white unsodomized butt.
just sneakers...
They could brand and market “Kike” shoes, provided they had a really good sense of humor! :^)
Jew Hating Nike’s?
Now they can feel good about their product, and the Uigher slaves that make them. They showed those Zionist occupiers a thing or two.
Ironic, not selling shoes made by slave labor to people whose forbearers were used as slave labor. I quit buying anything from Nike years ago.
I never buy their overpriced made in China crap so I can’t boycott them.
If Nike went away tomorrow, life would go on and hardly anyone would notice.
Ironic, not selling shoes made by slave labor to people whose forbearers were used as slave labor. I quit buying anything from Nike years ago.
Where does Nike have the shoe manufacturing factories?
I Would not wear them if they gave them to me.
Man, I hope Chippewa doesn’t go woke. I just bought these boots and now I’m stuck with them for about another twenty years.
Oh my!
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