The company announced today it will temporarily close stores in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of COVID-19. Source: Nike Coronavirus Statement A conundrum is an “intricate or difficult problem.” On the surface the closing of Nike stores is a reasonable and logical step in stemming the…
My new book is now available in both Paperback and Kindle. Here is the link for Paperback: https://amzn.to/2XafN24 Give it a look if you like ebooks: https://amzn.to/2X97PGA Source: In 2017 Nike held an Investor’s Day. That event changed the way the sneaker business operated with an official introduction to a strategy that I had…
Beginning today, Nike App members will get new benefits related to product, shopping experiences and the chance to connect one-on-one with sport and product experts. Source: Three New NikePlus Membership Unlocks Deliver Exclusive Access During Investor’s Day Heidi O’Neill and Adam Sussman delivered the goals for the Nikeplus Membership push. On 11/14 Nike announced another Flash…
Source: 2017 NIKE, Inc. Investor Meeting NOTE: My comments are in parenthesis. This will be updated as I edit the pictures to insert them in the transcription. Check back throughout the day. I transcribed the presentation as best as possible from the Investor Meeting Livestream. Please ask questions about any abbreviations you don’t understand. I…
NIKE, Inc. (NYSE:NKE) today reported fiscal 2018 financial results for its first quarter ended August 31, 2017. Source: NIKE, Inc. Reports Fiscal 2018 First Quarter Results *My Predictions from Before the Reports Revenues will be up. (Revenues remained flat at 9.1billion which is still an incredible accomplishment see the Outcome section below.) Futures won’t be…
