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Nike shares hit as Kaepernick ad spurs boycott
Yahoo News / Sports ^ | 9/4/18 | Uday Sampath Kumar

Posted on 09/04/2018 6:25:18 AM PDT by TangledUpInBlue

Shares of Nike Inc fell 3 percent on Tuesday as calls for a boycott of the sportswear giant gained traction on social media following its choice of Colin Kaepernick as a face for the 30th anniversary of its "Just Do It" slogan.

Former San Francisco quarterback Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, posted a black-and-white close-up of himself on Instagram on Monday featuring the Nike logo and "Just do it" slogan, along with the quote: "Believe in something. Even if it means sacrificing everything."

Over 30,000 people were tweeting with the hashtag #NikeBoycott on Tuesday morning U.S. eastern time, making it among the top trending topics on Twitter.

(Excerpt) Read more at yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: boycott; colinkaepernick; formernflqb; kaepernick; nfl; nike; nikeboycott
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To: TangledUpInBlue

Back in the day

Nike backed Tanja Harding


41 posted on 09/04/2018 6:49:20 AM PDT by barbarianbabs
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To: TangledUpInBlue
Yes...pick the single most controversial figure in the sports world right now and make him the face of your ad campaign. Just brilliant.

Is the sarcasm tag really needed?

42 posted on 09/04/2018 6:49:47 AM PDT by ealgeone (SCRIPTURE DOES NOT CHANGE!)
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To: TangledUpInBlue
What the hell is Nike thinking?

Thinking??? The liberal "brain" combined with the predominant cloud of smoke from abundant "ganja" means that "thinking" is not required.

43 posted on 09/04/2018 6:50:28 AM PDT by The Sons of Liberty ('DEPLORABLE' Charter Member of The Vast Right Wing Conspiracy - and DAMN Proud of it!.)
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To: cuban leaf

Not just Nike. Their largest shareholders are right in there with them.


44 posted on 09/04/2018 6:51:54 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: TangledUpInBlue

Sold my Nike stock just after market opened. I lost about 2% but I am not waiting for the 25% to 30% loss coming soon.


45 posted on 09/04/2018 6:51:56 AM PDT by PhillyPhreeper (Sledder)
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To: TangledUpInBlue

Believe in something. Even it if it means sacrificing everything.

46 posted on 09/04/2018 6:52:38 AM PDT by CodeJockey (Trump... The exorcist of Cultural Marxism)
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To: snarkytart
Dick's has felt the pressure from its asinine policy. Headline from last week: “Gun policy, Under Armour weakness hit Dick's Sporting sales”. Their release says they experienced a bigger-than-expected drop in quarterly same-store sales and they forecast further declines this year.
47 posted on 09/04/2018 6:52:55 AM PDT by Alright2BRight
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To: The Sons of Liberty

Looks like Goodwill is going to get my Nike golf shoes. I’m just not the burning type.


48 posted on 09/04/2018 6:52:57 AM PDT by TBall
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To: TangledUpInBlue

When I went to Twitter and looked yesterday, I saw more tweets about people now choosing to buy Nike because they loved the ad. So glad to see this from lefty Yahoo.

I get confused about America sometimes. I really would like to see what BLM and these kneeling football players have wrought. What good has come of these protests? Anything?


49 posted on 09/04/2018 6:53:08 AM PDT by Yaelle
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To: Fido969

Some Madison Ave advertising company is in deep doo doo.


50 posted on 09/04/2018 6:54:24 AM PDT by woodbutcher1963
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To: TangledUpInBlue

At least Nike can be the official sponsor of antifa.


51 posted on 09/04/2018 6:55:00 AM PDT by robel
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To: TangledUpInBlue

What demographic were they trying to pull in by embracing him that they didn’t already have?


This.


52 posted on 09/04/2018 6:55:18 AM PDT by Yaelle
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To: TangledUpInBlue

This was a brilliant move by Nike, in terms of free ad revenue.

The reaction by the right to get this trending was the point.

The fact that social media influencers are guiding and leading this outrage cycle, was also expected. I wouldn’t be surprised if the Cernovich’s of the internet are also waiting for a nice temporary stock drop to buy.

don’t be naive on this sort of stuff


53 posted on 09/04/2018 6:55:19 AM PDT by Katya
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To: TangledUpInBlue; glorgau
"What demographic were they trying to pull in by embracing him that they didn’t already have?"

That is what would infuriate me as a stockholder...there weren't trying to pull in another demographic.

They were simply virtue signalling. The WORST kind of Virtue Signalling...CORPORATE virtue signalling.

IMO, if you want to virtue signal on your own, with your own money and reputation on the line, go for it. Be stupid. Do all you want, the more the better, actually.

But when it is NOT your money, and your stupid virtue signalling affects others, you should be fired.

Let's say you are a famous conservative athlete and you use their products. You are going to change if you can, and you might actually intrinsically like the product, the way it feels, you are used to it. Or you own stock. You probably want to sell.

These people suck and should be punished by the market.

Look at what happened to "The Red Hen" (and the entire town)

54 posted on 09/04/2018 6:55:47 AM PDT by rlmorel (Leftists: They believe in the "Invisible Hand" only when it is guided by government.)
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To: TangledUpInBlue

3% down - 97% to go.


55 posted on 09/04/2018 6:56:09 AM PDT by sipow
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To: TangledUpInBlue

Beyond stupid...


56 posted on 09/04/2018 6:56:43 AM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: TangledUpInBlue

It is not the picture but the idiotic platitude that I find offensive. It would seem to fit Hitler rather well....he believed in something even though it cost him everything.
Either way, I haven’t purchased anything Nike since 1976.


57 posted on 09/04/2018 6:57:32 AM PDT by Cruising Speed
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To: TangledUpInBlue

3% is not a big deal. They’re slave laborers. I don’t know why anybody buys their cheap ass shoes.


58 posted on 09/04/2018 6:58:55 AM PDT by snarkytart
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To: TangledUpInBlue


59 posted on 09/04/2018 6:59:56 AM PDT by COUNTrecount (If only Harvey Weinstein's bathrobe could talk.)
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To: Ancient Man

Bwahahaha.. Perfect! Best response of the day so far.


60 posted on 09/04/2018 6:59:56 AM PDT by JerseyDvl ("If you're going through hell, keep going.")
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