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

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171–180 of 405 posts

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

#171

[flagged]

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.

We swear by Adidas on the football pitch, the best boots available in my opinion. I've not tried their serious running shoes but their 'fashion' shoes are middling at best. Next pair will likely be Asics.

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

#172
post #160

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…

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 :-/

Yeah it’s amazing - but I think feet don’t grow on adults, they get flatter over time and therefore longer/wider footprint.

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

#173

Nike's destruction over the past 5 years was really surprised and until I read up about the whole "direct to consumer" fiasco it really helped me understand another trend I was a bit confused about. About 2-3 years, it felt like, out of nowhere everyone was wearing Hoka and On brand sneakers. In my entire life it felt like the Nike/Adidas duopoly was unbreakable, and then it felt suddenly that Hoka was everywhere. Wh…

> In my entire life it felt like the Nike/Adidas duopoly was unbreakable, and then it felt suddenly that Hoka was everywhere. Man, I'm in such different circles than everyone. I've never heard of Hoka and I don't know any sneakerheads. Everyone I know is into Keens, Toms, or Sketchers.

I'm from Spain and I mostly see Skechers, New Balance, Nike (doesn't seem to be doing that bad here?), ASICS, Adidas, Puma, Converse, Vans. Lately Salomon. I hadn't heard of Hoka before either, maybe we are behind the times.

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

#174
post #144
post #72

don’t buy stuff from people who hate you. https://www.houseofstrauss.com/p/nikes-end-of-men

Great link.

i think the people flagging me haven’t bothered to try reading it, they just assume that they know what it says and thats enough.

Despite the fact that I suspect many would agree with the core sentiment, no matter which political side you’re on.

It argues that greed causes loss of direction, and that large corporations can’t help themselves but to be greedy.

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

#175
post #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?

lol yes I do. Canada, Mexico, any countries adversely affected by tariffs, anyone who doesn't wish to support Trumps political views. I'm fairly sure that's more than half the globe

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

#176

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).

Once upon a time adidas made shoes that were wide enough for me. Then somehow they decided to make them narrower and I had to search for wider shoes. The search was very difficult, as it seems that most shoe producers do not produce actually foot-shaped shoes. I bought my first pairs of Altra half a year ago, and I am very happy! The fit is really great. I will not switch to anything else, as long as they continue producing in this shape.

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

#177
For me the end of buying anything Nike for my household and owning there stock was 2018. After their embracement of kaepernick and circus of marketing schemes that followed its no surprise what the outcome would be. Now Lululemon hired one of architects of all this as their CEO. They followed the nike playbook and are already suffering from it. Now their doubling down in a race to the bottom.

"Just weird..... Even if it means destroying everything."

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

#178

Earlier quoted context omitted.

I have some Skechers slip-ins that I love. I live in Japan where you have to take off/put on shoes all the time at home, restuarants, doctors/dentists, gyms, etc, so they are incredibly convenient. Also very comfortable, and constructed about as well as a pair of Nikes costing twice as much. I am unapologetically into Skechers. Though I do try to seek out the ones without that big ugly "S" on the side.

I have a pair of Sketcher slip-ins for when I want to do some quick errands. They may be ok when comparing to Nike or Adidas, but IMO they generally just feel terrible and don't provide good support. In no way comparable to e.g. my ECCOs, which not high-end either (though slightly more expensive than Sketchers).

It's interesting, I wear Sketchers for exactly the reason that they are the most comfortable shoe for being on my feet and standing/walking around all day... indeed when I was looking for such a shoe it was a friend of my wife's who is a nurse at our local hospitals A&E department who recommended them as practically what all the nurses (at least here in the uk) wear, according to her anyway.

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

#179
post #167

Earlier quoted context omitted.

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

lol yes I do. Canada, Mexico, any countries adversely affected by tariffs, anyone who doesn't wish to support Trumps political views. I'm fairly sure that's more than half the globe

Are you European? I ask because this seems like a very European thing to say.

Countries are buying less from America for sure, especially of particular goods, but neither Mexico nor Canada nor anybody else are 'boycotting' American goods lol. I'm not in America either (so don't accuse of introverted jingoism), but I work in the international trade sector. If you're gonna use the term boycott, use it properly.

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

#180
post #167

Earlier quoted context omitted.

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

lol yes I do. Canada, Mexico, any countries adversely affected by tariffs, anyone who doesn't wish to support Trumps political views. I'm fairly sure that's more than half the globe

I don't think half the globe is that invested in what Trump is doing, much less against it.
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