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

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231–240 of 401 posts

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

#231

Earlier quoted context omitted.

[flagged]

Wouldn't the fact that a Black man was their most popular face throughout their successful period negate the idea that it has anything to do with wokeness? I wish people as obtuse as you would take the time to pause and think every once in a while.

Having Mike was not being “woke.” Mike arguable was the best player in the history of the game (maybe he still is).

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

#232

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…

I went to one of Nike's flagship store in a major global city in a major retail street a few years ago. It was like a nightclub with very few shoes on a couple of walls and a couple on a pedestal. It was impossible to actually shop there. It was more akin to a branding showcase than an actual store.

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

#234
post #125

Beyond the stock market gambling aspect, what actually happened here? > revenue down 2% That means almost nothing, right? Some fluctuation must be expected. The Stock also looks like it really benefited from a Corona boost that is now cooling off. Can someone with more insight explain why everyone is screaming?

> Beyond the stock market gambling aspect First, the United States' stock markets (NYSE + NASDAQ) are not gambling. An index-tracking portfolio has never lost money over a 20 year time frame for the last 125 years. Google tells me: > Nike Annual Revenue Breakdown > Fiscal Year 2026: $46.40 billion (+0.19% YoY) > Fiscal Year 2025: $46.31 billion (-9.84% YoY) > Fiscal Year 2024: $51.36 billion (+0.28% YoY) Many Wall St…

The price of any individual stock though is mostly determined by hype. Revenue and concrete performance plays a part but hype is very much a driving factor and hype is fickle.

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

#235

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…

I went to one of Nike's flagship store in a major global city in a major retail street a few years ago. It was like a nightclub with very few shoes on a couple of walls and a couple on a pedestal. It was impossible to actually shop there. It was more akin to a branding showcase than an actual store.

There is a retail shopping mall here; it is not an outlet mall, but a Nike Store opened up and it feels like an outlet. It was bustling with a lot of people milling around. There were bags available at the front, which I thought were durable totes for sale, but turned out that they were shopping bags to hold your pre-purchase items?

There were rows and rows of shoes to try, and a salesman was helping me for a while, but after trying 3 pairs I just got the feeling that the store was a dumping ground for the odd styles and odd sizes, and having figured out which size fit me, I left all the shoes there, and only purchased a lanyard, which was at least $25.

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

#236
post #174

Earlier quoted context omitted.

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.

> 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. You could have provided more context to avoid that.

people would have ignored that too.

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

#237
post #174
post #144

Earlier quoted context omitted.

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.

It does so in an incredibly long winded stream of consciousness that meanders all over the place, and half way through reads as "Nike is bad because it went woke."

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

#238

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?

Cetti.

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

#239

Earlier quoted context omitted.

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

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.

Yes the Sketcher slip ons have been a game changer. Also their shoe laces seem to be constructed so that the knot doesn’t untie over time. I had a single knot lace that stayed intact over four months of daily wear.

Most comfortable shoes ever? Maybe not. But probably top 5-10 in my lifetime.

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

#240

Earlier quoted context omitted.

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.

I got an old pair of Sketchers which are great.

They are a bit worn, so a year or two I bought a new pair which are absolutely horrible to wear for any extended amount of time.

Been looking for a good replacement ever since, while my old ones are slowly wearing away. Plastic pieces chipping off the heel every week.

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