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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

#291

Post by wallst07 »

TitaRusell wrote: post #142
boogieknite wrote: post #85

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.

Over 50 here, I use the following as a test of someone's general balance/strength/flexibility:

Taking off your socks/shoes(tie/untie) without sitting down: hard for most in their 20/30s. Very hard with out bending over.

Pants are what gets hard when you get older, if you can't put on/off pants without sitting down I'd advise some basic training and/or doctor to help.

*assumes otherwise healthy person with no disabilities. I'm not a doctor, this is my own opinion.

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

#292

Post by itomato »

Tarsul wrote: post #214
itomato wrote: post #199

Earlier quoted context omitted.

Yes, for running mountain centuries and ultras. Karl "Speedgoat" Meltzer broke the Appalachian Trail record in them, and whoever was doing marketing then really blew a big bubble with that result. Trad brands didn't stand a chance against that sole and backstory. https://thewalkahead.com/2016/09/21/karl-meltzer-crushes-at-... https://www.outsideonline.com/outdoor-gear/run/clown-shoe-th...

Thats interesting because what your first link tells is that he did change shoes twice as often as normal (every 122 miles instead of every 300 miles), which for me personally would be a clear sign to stay away from these shoes. But ok, I guess many runners are more fixated on their racing clock instead of longevity of their shoes.

Yes it was a speedrun. Fresh kicks, more clicks.

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

#293

Post by tencentshill »

alexpotato wrote: post #219

There is a great article [0] that has some interesting points about this: - Nike used to be very "male coded" e.g. "Be like Mike" - So much so that they were one of the only companies where men bought more clothes than women - The powers that be wanted to go after the "Adjacent Whale" (explained in the article) that was the female consumer - They ended up alienating their core customer base while competing poorly wit…

I don't think "culture war" was a big contributor.

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

#294

Post by MarkWayneNewton »

spiderice wrote: post #56
hyperlinerapp wrote: post #24

The marketing campaign they launched in April 2023 also deteriorated their brand position. It earned them woke coins, but the NPV of all those future woke coins flows was negative.

People on HN are, of course, going to pretend that moving from Michael Jordan to Dylan Mulvaney and whoever that overweight "Own The Floor" lady aren't a huge downgrade. Wearing Nike became kind of embarrassing.

A normal well adjusted person would be embarrassed to wear any advertising.

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

#295

Post by trymas »

billynomates wrote: post #110
wideopenspace wrote: post #94

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).

This.

Neither Hoka, Asics, New Balance, et al. make truly wide toe box shoes.

Better than nothing - sure. Though after wearing Altras, feet health is much better and you can feel how all other shoes feel tight, even my widest Hokas are tight in comparison.

My biggest complaints though with Altras:

- They offer only zero drop (or near zero drop) shoes;

- Their QC to price ratio is atrocious (stitches failing, heel fabric gone to shreds 2-3 times faster than other brands, sole is so soft that it goes to shreds or wears out 2 times faster than others);

Problem for me is that I wouldn't even consider buying them if they wouldn't be the only shoe brand that I can access that has truly wide toe box and is not "barefoot shoe".

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

#296

Post by miningape »

hyperlinerapp wrote: post #231
lins1909 wrote: post #225

Earlier quoted context omitted.

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).

Exactly, wokism (at least how it's perceived by the non-ideological) is about representation for the sake of representation. Which doesn't apply when you're using the sport's (arguably) greatest athlete to promote a product, regardless of race.

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

#297

Post by antonyh »

avazhi wrote: post #179
antonyh wrote: post #175

Earlier quoted context omitted.

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.

Indeed European. I'm surprised to hear that Canada is no longer though, I thought the protests and avoidance were very much still ongoing. I only have international news to go by, and I've no way to be certain but I do know that nobody I know deliberately buys American now and will actively search out alternatives for brands that are based in the US. I could live in an anecdotal bubble though, but it sure does look like there is a bias against US-owned business. I'm sure your data is more accurate.

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

#298

Post by ahartmetz »

fransje26 wrote: post #154
monomania wrote: post #87

Earlier quoted context omitted.

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.

They are officially called ugly sneakers and the name is very appropriate.

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

#299

Post by wallst07 »

throwawayffffas wrote: post #234
throwaway2037 wrote: post #148

Earlier quoted context omitted.

> 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.

This is the naive short term way to think of a stock price. I assure you fund managers, hedge funds etc do not. And I'm sure you can reply with an anecdote, but that doesn't prove the rule of 'any stock'.

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

#300

Post by dvngnt_ »

basisword wrote: post #256
sfmz wrote: post #224

Earlier quoted context omitted.

> Nike used to be very "male coded" e.g. "Be like Mike" There are very-few male-coded places left. I think any Mall is like 80% for women and 20% food court. Beside that, there are jewelry stores, nail salons, spas, hair salons. Drive around the 'burbs and the only male-coded place is probably hardware stores and Pizza Hut

When was this different? The 'traditional masculine' man doesn't shop - his wife shops for him.

Marriage rates are dropping and that generation is dying out.
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