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

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

#161

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Adidas and Puma are German companies and they are pretty famous, Joma is Spanish, Decathlon is French, seems plenty of the options, if you don't wanna support Trumpistan.

Ah. I see we are going around the autocratic circle. Past and present!

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

#162

I used to get all my running shoes from Nike, the Pegasus line which was always their basic running shoe that was very good overall. These days, I can get what is basically the same shoe from Decathlon for 1/5th the price of last year's Pegasus. Running shoe tech is not some kind of secret thing. Any shoe manufacturer can buy a pair of any other shoes and cut it open and copy it. The only shoes that have anything spe…

Same. I used to run a Pegasus pair to the ground and get a new one (ideally previous year's) without even thinking about it. They were usually cheaper than the competition and worked fine for me so why not. At some point they got just as expensive as a Hoka pair so I tried one and I'm not coming back. I'll try the Decathlon next time :) any particular model you would recommend?

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

#163
post #83

Earlier quoted context omitted.

I think they do have that - Nike SB for skate/street, Nike ACG for trail, etc. That said, I have twice gone to re-buy a trail-oriented shoe of theirs that I liked in the past, and found that it never stuck, and the new options in that space were garish or over-reliant on mesh which just lets in dirt and thorns.

What are you wearing for trail runners now?

If you want a recommendation I really like Merrell Agility Peak's or for something less run-y, the Moab.

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

#164

Earlier quoted context omitted.

i think one can be in Sketchers but who is into Sketchers?

My mom. She is at that age when tying your shoelaces becomes difficult. The human body really was never supposed to go over 50 but modern medicine finds a way.

> The human body really was never supposed to go over 50

As I get older I'm beginning to align with this.

When you're younger you think everything is going to be great until you die from a short illness at the average age of 79. Wrong. In my cohort of friends, notable age-related degradation started appearing in our late-30s/early 40s, even in the fit ones who stayed active.

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

#165
It could be because Nike aren't very good, and because half the world is boycotting US products after the tariffs shenanigans. I personally will choose other products whenever there is a viable alternative, and frankly there are plenty of non-US trainers / running shoes available.

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

#166
post #49
post #26

Earlier quoted context omitted.

FWIW I have never heard or seen the Hoka brand in my life until now. I wouldn’t even try to google what On looks like. The first time I heard about Allbirds is when they pivoted to AI. We all live in our own bubbles.

YMMV but Hoka Bondi is the most comfortable pair of sneakers I've ever had in my life. I'm not going back to Nike. Haven't heard/seen much of them until this year too though.

And gaviota is best for wide feet. They are really comfy

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

#167

It could be because Nike aren't very good, and because half the world is boycotting US products after the tariffs shenanigans. I personally will choose other products whenever there is a viable alternative, and frankly there are plenty of non-US trainers / running shoes available.

You don't really think half the world is boycotting US products, do you lol?

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

#168
post #59

Earlier quoted context omitted.

Can’t speak for worldwide, but in the US Nike decided to aim for exclusivity and basically pulled their shoes from a ton of retailers. It went… not how they hoped.

It would be great and funny to have access to the internal presentation about why they needed to pursue that and all the benefits. That kind of business decks are always so plastered with wishful thinking that really makes me wonder how business people can keep deceiving themselves like that in every single company they work.

Probably went something like - we need infinite growth to appease the stock market morons - we can’t raise prices any more for our shoes - what if we cut out the middlemen retail stores and disintermediated to save money - we will be digital native, COVID is here, the world is digital - RIP.

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

#169
post #141

Wild that you can have Tim Cook, one of the most effective CEOs of all time, on your board of directors and fumble so badly. There must be some juicy drama that went on behind the scenes, I hope we get to hear it eventually.

I sometimes think half of Apple's success is down to the failure of the rest of the industry to deliver quality products. Microsoft and Intel in particular but all the OEM's as well. A world where they got their act together would look quite different.

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

#170

Earlier quoted context omitted.

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…

Yes, I confess I made the change when the masses started doing it and it became socially acceptable to wear running shoes to work. I think it started around ten years ago and consolidated with COVID. It's been a considerable improvement in quality of life. Now I only wear "real" shoes a few times per year, for formal occasions, and I wonder how I could spend all that time wearing them daily.

BTW, Nike Pegasus is what I wear all the time :D

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