The answer is that Nike doesn’t care about the average consumer. It is seeking the praise of the media and activists, and is receiving it in spades. Yet its stock just tumbled 3 percent
Dan Calabrese , Bio and Archives--September 4, 2018
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Good news for America’s police officers: There are apparently still some Americans who appreciate the work you do, and don’t appreciate idiot athletes slandering you as racist murderers.
Oh, they also don’t appreciate consumer products companies who decide to shove politics down their throats when all they want to do is buy shoes.Shares of Nike Inc fell 3 percent on Tuesday as calls for a boycott of the sportswear giant gained traction on social media following its choice of Colin Kaepernick as a face for the 30th anniversary of its “Just Do It” slogan. Former San Francisco quarterback Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, posted a black-and-white close-up of himself on Instagram on Monday featuring the Nike logo and “Just do it” slogan, along with the quote: “Believe in something. Even if it means sacrificing everything.” Over 30,000 people were tweeting with the hashtag #NikeBoycott on Tuesday morning U.S. eastern time, making it among the top trending topics on Twitter. Some posted images of themselves burning and ripping their Nike shoes and apparel. “First the @NFL forces me to choose between my favorite sport and my country. I chose country,” Twitter user @sclancy79 said in a post retweeted 16,000 times. “Then @Nike forces me to choose between my favorite shoes and my country. Since when did the American Flag and the National Anthem become offensive?”
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