Live data from Hacker News

Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

fortune.com

151–160 of 405 posts

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#151
post #129

Earlier quoted context omitted.

Semi-related: I did the gait analysis thing when I started seriously training for a half marathon. The guy showed me the video and reached the conclusion that, since I run with my knees flexed inwards (true) I needed a certain shoe that would "stabilize" my feet and push my knees outwards. It took me several years and several pieces of orthopedic equipment to recover from the damage those shoes did to me. Do not trus…

Can I ask how the shoes created actual orthopedic damage? (I totally understand how hard injury and recovery are, so not flaming. I destroyed my hip cartilage while a happy runner and triathlete, so I know about injuries, recovery and letting go of something I adored and that defined me.) Shoes * body * mileage = impact, where body gives signs of damage being done and is also the one to work on via technique and stre…

The explanation I got from my doctor was that one shouldn't fix posture problems by raising the inner part of the insoles a random amount because all that achieves is making you run "weird", putting pressure in the wrong part of the articulation and damaging the ligaments that keep the knee in place. The actual solution involved muscle development exercises, ripping out the insoles of those shoes to achieve a flat base and replacing them with custom-made ones, knee pads with metallic inserts, and a two-year training plan.

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#152

Earlier quoted context omitted.

Can I ask what you switched to? I also spent 15 years running in Nikes, mostly Structure, Pegasus, Invincible 3. I tried to stop buying so many american products 2 years ago and went for a pair of On's which are now reaching the end of their life. I can't say I'm super happy with the On's like I was with my Nikes. Might just go back

Not OP but I bought a pair of wide-toe trainers from Altra and I love them. They are the least ugly, properly wide shoes I have bought yet (and I've worn a good few).

Yep, another happy Altra user here. I basically wear nothing else these days. Will never go back to a non-wide toebox shoe.

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#153

Earlier quoted context omitted.

>until I read up about the whole "direct to consumer" fiasco it really helped me understand another trend I was a bit confused about. In Switzerland, every decent sports store now has a whole treadmill with some sort of gait analysis thing and a dedicated guy that is going to pick a shoe for you based on that + your running level. Anecdotal evidence, but 80% of the time I see someone buying running shoes in Ochsner t…

Couple that with the fact almost everyone seems to run now, and that running shoes/trainers have become acceptable fashion in all but the haughtiest of occasions. In the 90s, running wasn't even really a thing. A few people went "jogging" for exercise. Otherwise it was a proper sport in which very few partook. Trainers were predominantly worn by children. Adults wore "real" shoes. Something changed in the past ten ye…

I agree that something changed in the past ten years or so, because in the last few years I was surprised to notice on the street that almost everyone wears running shoes (in Europe).

I have transitioned myself to wearing only some kind of good quality running shoes, perhaps a decade before this became so fashionable, because I cared much more about my comfort than about the opinions that others might have about what I am wearing.

So I was surprised when everybody else appeared to have done the same thing, eventually.

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#154
post #67

Earlier quoted context omitted.

Having gone through this process what surprised me was that they were advising along brand lines: “Brooks are sturdy, ASICS are narrow shoes, Hoka have thick soles and a lot of bounce”. They didn’t have differentiation within a same brand.

I just want some regular running shoes that don't look like they have a 3" thick sole, with a 1" protrusion coming out the back. Most running shoes look goofy has hell these days, and for what purpose I don't have a clue.

> a 3" thick sole, with a 1" protrusion coming out the back. Most running shoes look goofy has hell

I call them clown shoes. Unfortunately, they are everywhere.

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#155
post #57

Earlier quoted context omitted.

Talk about living in a bubble. Nike is an ultraglobal brand. The people who A. saw those ads and B. considered them negatively represent maybe 0.5% of global revenue. If even that. They sure weren't running "body-positive woman" ads in Tokyo and Zagreb. It's time you get out there and meet some people from different backgrounds rather than something filtered down to like-minded people, and hopefully realize that your…

They did run some painfully out-of-touch adverts in Central-Europe, possibly in Zagreb also... In Hungary it was pretty much a talking point at a time to boycott them, and competition was there. Hoka became pretty popular and common without any advertisements.

    > Hoka became pretty popular and common without any advertisements.
By "advertisements", I am sure you mean traditional adverts like TV, print media, and billboards. They were blowing up on social media thanks to paid influencers.

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#157

Last month, I bought two pairs of sneakers: one was a full leather design made in Spain, the other was a leather/cloth combination (Italian design, I'm not sure where they are made). Both are comfortable, seem to be of very good quality and look premium. The price of these two pairs together was less then one Nike pair made of synthetic materials. This was in Novi Sad, Serbia. I don't know what's going on around the…

> one was a full leather design made in Spain

Would you care to share the brand name, for posterity?

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#158

Earlier quoted context omitted.

No mention of heel drop? I thought Hoka's were in the low heel drop category. Or maybe it's not a thing anymore

It's a thing for sure, maybe just not screamed about. If you run in a shoe that is 10mm+ and then go to a 0mm like an Altra - it is wild how different it feels.

Yup, Nike and Asics were like 10mm, while Hoka and other cool brands are lower. Back when I was running this was the main differentiator

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#159
post #61
post #52

Earlier quoted context omitted.

On shoes are also very ugly. I don't think they have a single pair that has any style. I would love to try them but it looks like shoes for retirees.

> it looks like shoes for retirees This is in style now. My tween daughter and her peers all own shoes that look geriatric to my eyes. I see teenagers walking around in New Balance shoes that look like my dad would have owned them 20 years ago.

This is actually not at all style of On shoes. The New Balance / Adidas / Nike 90s "dad shoes" have been cool for almost a decade now (Balenciaga released their "dad" sneaker in 2016).

On shoes look like shoes for retirees right now. Teenagers don't wear On shoes.

Re: Nike exits the S&P 100 after 18 years and a $200B market-cap wipeout

#160

Earlier quoted context omitted.

>until I read up about the whole "direct to consumer" fiasco it really helped me understand another trend I was a bit confused about. In Switzerland, every decent sports store now has a whole treadmill with some sort of gait analysis thing and a dedicated guy that is going to pick a shoe for you based on that + your running level. Anecdotal evidence, but 80% of the time I see someone buying running shoes in Ochsner t…

Semi-related: I did the gait analysis thing when I started seriously training for a half marathon. The guy showed me the video and reached the conclusion that, since I run with my knees flexed inwards (true) I needed a certain shoe that would "stabilize" my feet and push my knees outwards. It took me several years and several pieces of orthopedic equipment to recover from the damage those shoes did to me. Do not trus…

For me I didn't realize that my feet had actually grown and I was cramming my feet into the old sized shoes (and kept buying the old size too). Took years to figure that one out :-/
Post reply on HN