I did. Instead of writing an entirely new article, I’m going to build a discussion from older articles on this site. I’ve explained that Nike is always looking to Apple for where the company is headed. I’m surprised that this partnership wasn’t with Apple TV. From Nike: Netflix’s more than 223 million worldwide members will…
Rares is a social investing platform that lets you invest in rare assets by buying and trading shares in them. Investing in the culture has never been easier! Rares | Invest in the Culture I was recently on a panel for CNBC’s Financial Advisor Summit. My hope was to get a deeper series of questions…
Our RTFKT World Merging experience is now live! Connecting virtual and physcial worlds through NFTs and WM Chips Embedded in our iRL Products. pic from Steven Vasilev on LinkedIn Source: Steven Vasilev on LinkedIn: Our RTFKT World Merging experience is now live! Connecting virtual | 78 comments Note: This post is an exercise in argumentation….
Bringing together the country’s top advisory firms to explore the state of markets. Source: Financial Advisor Summit WHY ALTERNATIVES ATTRACT NEXT-GEN INVESTORS Younger, wealthy investors are looking beyond the stock market for higher returns. They are allocating three times more to alternative assets and half as much to stocks than previous generations. So, which opportunities are they investing…
Read Part 1: Black Friday Sneaker Data 2022 Part 1 | How Resale Platforms are Being Shaped by Nike: eBay Sneakers In Part 1 of this series I looked at eBay’s Black Friday data. Here I utilize a microset of data from StockX. NIKE, Inc. Reports Fiscal 2023 First Quarter Results — NIKE, Inc. In…
Today, we are officially announcing our long-term partnership with Fear of God, led by owner and founder Jerry Lorenzo. Source: ADIDAS AND FEAR OF GOD REIMAGINE THE FUTURE OF ADIDAS BASKETBALL Two Long Years, a Foot Locker Announcement and Now adidas Basketball Delivers: Chapter 01: Remember The Why Yesterday adidas Basketball delivered a visual…
Inspired by user interfaces, designed for the global Solana community. Source: ASICS x Solana – The UI Collection While Nike appears to be building its own Web3 platform with .SWOOSH, ASCIS is leaning heavily on the Solana blockchain. A year ago, ASICS dropped the Sunrise NFT Collection on OpenSea and the release appeared to be…
WE KNOW. IT’S A LOT TO TAKE IN. Source: What Just Happened? The love/hate relationship with Nike’s SNKRS app generates the type of engagement brands dream about. Fans on SNKRS miss out on products and the engagement on Sneaker social media skyrockets. Fans win kicks on the SNKRS app, and the engagement propels to an…
A quick video to show how the manufacturing and shipping of sneakers from their point of origin to the U.S. in a post Covid supply chain has led to a considerable slowdown in the arrival of sneakers to their final destination. This slowdown led to many container ships sitting off the cost of California…
Under Armour’s Sharon Lokedi Wins NYC Marathon in Distance Debut On Sunday, November 6, Sharon Lokedi, of UA Mission Run Dark Sky Distance won the 2022 New York City Marathon wearing a World Athletics-approved prototype of the next iteration of the UA Flow Velociti Elite, with a time of 2:23:23. When Under Armour took over…
Fewer than 80 employees with corporate roles are affected; the company did not disclose the number of staff members impacted in its Detroit office. Source: StockX issues another round of layoffs, the second since June The rash of layoffs at tech companies is reflective of topics of discussion by Prof. Scott Galloway of NYU Stern….
Updates: Herbert Hainer was CEO until 2015. My years were wrong on 2014, but the statement is still correct. Kasper Rorsted became CEO in 2016. I shared this graph yesterday showing adidas’ growth over the last twelve years. I needed a baseline for the data, so I chose to look at two-year increments from…
“Saysh is the first female, black-owned footwear brand ever to be carried at @footlocker, and we’re really proud of the change we’re creating. Find Saysh Two IRL only at @footlocker.” Source: Saysh (@bysaysh) • Instagram photos and videos I’m a fan of Allyson Felix. Her accomplishments inspire my daughter’s participation in track and field. As…
While the industry has focused on the negative aspects of Nike’s 44% inventory accumulation, I’ve explained to anyone who will listen that Nike’s ability to move that product through their own sales channels. Utilizing a promotional strategy will bring more buyers to the brand’s digital marketplace and to their own doors. Although the product is…
Converse is releasing a new film series, “Create Now. Create Next.” The series features 20 individual, six-second films from established and emerging creatives on the Converse roster. The creative campaign forms Converse’s newest brand anthem and showcases the power of the collective. The series aims to redefine the “ad” as an act of co-creation…
On October 4th StockX implemented a 4 dollar fee on all single shipped sold items for sellers. The fee was supposed to be waived for Level 3-5 Sellers, but it shows up on all sold items. How will StockX reimburse sellers at those levels? Updated: It was much easier than I expected. As soon as…
Use Allbirds ReRun™ to buy slightly used Allbirds shoes. By shopping ReRun™ can help extend the life of shoes while lowering your impact on the environment. Source: Shop Pre Owned Shoes with Allbirds ReRun™ In 2017, during an Investor’s Day named the ‘Scale of Sport’ Nike laid out its plan of action. Since that event…
Nike’s share price took a tumble on this note from Nike’s Balance Sheet Inventories for NIKE, Inc. were $9.7 billion, up 44 percent compared to the prior year period, driven by elevated in-transit inventories from ongoing supply chain volatility, partially offset by strong consumer demand during the quarter. I’m not diminishing that taking on this type…
Posts mentioned in this video: Insider Ties: Why Nike Keeps Winning – Financial Post https://arch-usa.com/insider-ties-nike-keeps-winning-financial-post/ What Was Once a Benefit for Nike is Becoming a Problem: Are Fed Ex Drivers Stealing Sneakers? https://arch-usa.com/what-was-once-a-benefit-for-nike-is-becoming-a-problem-are-fed-ex-drivers-stealing-sneakers/ There are nuances to FedEx and eBay partnering to speed up the process of sneakers that have to be authenticated, but it’s…
The pace of Nike store openings is accelerating as the sportswear giant continues its shift to more direct sales. Source: Nike is aggressively opening new stores as it pushes forward on its plan to sell directly to consumers. Wall Street isn’t sold on the strategy. Business Insider delivered a list of Nike store openings taking…
Source: Selling fees In the post below, I show a picture from eBay’s promotion of their “Lowest Fees in the Game” strategy. At the time my goal was to see if eBay or StockX was generating more revenue from their fee structure. What I found was that eBay was earning more income on sales under…
Source: Men’s Basketball Shoes & Sneakers | PUMA No one can deny Puma’s successful reentry into basketball. At a point when signature and performance basketball sneakers became less important to sneaker culture, Puma decided to jump into the basketball with what looked like reckless spending and marketing. They made what many consider the major…
