The Big Reason Nike is in Trouble

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TLDR Business

TLDR Business

Күн бұрын

Пікірлер: 486
@getnohappy
@getnohappy Ай бұрын
Perhaps the stupidest phenomenon of the last few year is how many companies, from tech to shoes, looked at changes in consumer patterns caused by being locked in our own homes due to a deadly pathogen and said, "yes, people will want to do this forever". Calling it management by spreadsheet would be an understatement.
@robertbslee4209
@robertbslee4209 Ай бұрын
It will be a long time before people don't want shoes though 😅
@getnohappy
@getnohappy Ай бұрын
@@robertbslee4209 Purely speaking for myself, I would never buy shoes without trying them on first ^^
@danielebowman
@danielebowman Ай бұрын
The video game and Tv streaming companies are most guilty of this. 😂
@grmancool
@grmancool Ай бұрын
some things did change for the long run though. for example most companies offer at least some hybrid arrangement to office workers
@getnohappy
@getnohappy Ай бұрын
​@@grmancool true, I suppose the difference is it's something we always wanted. Ironically there is the dubious trend of ordering us back in.
@nickns732
@nickns732 Ай бұрын
Companies way over estimate customer loyalty.
@carboy101
@carboy101 Ай бұрын
Facts. Customer loyalty is fickle
@1wun1
@1wun1 Ай бұрын
@@nickns732 Apple found a cheat code.
@door1479
@door1479 Ай бұрын
Especially when forced labor is involved.
@janmdsdks
@janmdsdks Ай бұрын
Their prices are premium but their product quality is subpar. My first Nike product were white Air Forces - expensive shoes that fell apart almost imminently in at least 3 different ways. My refund request was denied, even though I bought them in Nike's own store. So instead I started buying Adidas, with better prices and more interesting designs. Never buying anything from Nike again.
@user-op8fg3ny3j
@user-op8fg3ny3j Ай бұрын
Shoes and clothes are literally one of the few things that most people actually need to try on in person for purchase
@swagathshetty
@swagathshetty Ай бұрын
@@user-op8fg3ny3j not to mention the chances of getting fakes online is higher
@thaddcorbett2148
@thaddcorbett2148 Ай бұрын
Not really, unless you're trying a new brand's shoe for a first time. In that case it's better to buy in person.
@abel6416
@abel6416 Ай бұрын
I agree, Issue is that different items have different sizing. I never buy jean online because the way they flip is a coin toss. Shoes same thing for example Yeezy 350 I can wear a size 11 comfortable. While a size 10 is huge when I'm wearing Nike air forces. The sizing help guides aren't helpful.
@nikolasthethief
@nikolasthethief Ай бұрын
Greed. Stupidity. Naivety.
@steveweidig5373
@steveweidig5373 Ай бұрын
@@thaddcorbett2148 I have feet that have a size difference of about 1 European Shoe size apart. Even if I know the shoes from a specific brand, I still have to try them on to see if they really fit, as they tend to be floppy on one foot and too tight on the other one. As such the only practical way for me to buy shoes is in-store.
@ERobbins1234
@ERobbins1234 Ай бұрын
The quality of Nike trainers have also declined. The last few pairs I brought were either squeaky or wore out after 6 months.
@cuthomas4664
@cuthomas4664 Ай бұрын
You have to check out the Hoka sole quality, they are super aggressive in term of internet noise, but their running shoes is so muted after 1-2 month. I think for shoes durability consistency, only Mizuno, and in a lesser extent, Reebok and Adidas worth mentioning right now
@AlphaGeekgirl
@AlphaGeekgirl Ай бұрын
@@cuthomas4664 what the hell is Internet noise?
@TimSchulzks
@TimSchulzks Ай бұрын
You are right: Always bought Airmax 90 - first pair now that are squeaking. Also got the new AirMax DN - also very squeaky.
@Embargoman
@Embargoman Ай бұрын
Try Skechers.
@theoflava876
@theoflava876 29 күн бұрын
Bare fraud them a mek now
@swagathshetty
@swagathshetty Ай бұрын
The bubble is popping everywhere. Right from Rolex to Nike. Frankly it's been long overdue
@dissect123
@dissect123 Ай бұрын
Rolex is off better than ever, they hit 10 billion Swiss francs in sales for the first time ever in 2023. Ultra luxury brands are currently thriving.
@swagathshetty
@swagathshetty Ай бұрын
@@dissect123 Swiss watch sales(watches sold) are down year on year if you ignore the pandemic. These luxury companies are making up the loss of volume by increasing their prices. Not sure if it's a long term solution.
@swagathshetty
@swagathshetty Ай бұрын
@@dissect123 the Swiss watch industry as a whole is on a decline. All the Swiss companies are losing on volumes. They are making up for the loss of volumes by increasing their prices. I don't think it's a long term solution to keep increasing prices to infinity.
@ArtimusDragon
@ArtimusDragon Ай бұрын
They're too rich and took advantage of their consumers.
@dissonance798
@dissonance798 Ай бұрын
Mmm nah. Luxury brands is another story. But if we're talking about Nike, Tesla, Apple, and Volkswagen, then yes.
@stanthemafia
@stanthemafia Ай бұрын
Nike charge a fortune for things that I can genuinely get cheaper with other brands and not notice much difference. My running and cycling gear is Karrimor and I don’t notice the difference and it cost a fraction of the price. My shoes are Adidas because Nike think they can charge £200 because they can. Nike went highbrow and we sat and watched while it blew up in their face.
@Sacto1654
@Sacto1654 Ай бұрын
Nike is more into fashion statements than making actual *GOOD* athletic shoes. No wonder why New Balance has been doing well.
@itzlion6529
@itzlion6529 Ай бұрын
What adidas shoe u have?
@nelsonta00
@nelsonta00 Ай бұрын
I have a friend that brags to me how his Nike is $500 and $1000. I wonder how he is now. I'm not a sneakerhead so shoes are just shoes to me 🤷‍♂️
@ArtimusDragon
@ArtimusDragon Ай бұрын
I don't understand why these companies always feel as though they have to increase their wealth every year. Why can't you just be happy that people are invested in your brand? Why must you get into price gouging?
@ThatGuy-bz2in
@ThatGuy-bz2in Ай бұрын
capitolism. Investors want growth. That means a company has to make more this yeah than they made last year. Every single year. If they don't, investors get mad, the stock price drops and executives get fired.
@haydenholdsworth9632
@haydenholdsworth9632 Ай бұрын
It's not capitalism's fault necessarily. A company owned by a small group of people will be happy with a large share of stable profits that don't need to grow much. Large scale public trading encourages this behavior. Millions of investors on the market plus huge firms all uninterested in the companies, uninterested in the dividends because the shares are worth such a small %. This all means the majority of investors are only interested in driving up stock price through speculation and unsustainable growth to sell for more than their purchase price.
@ThatGuy-bz2in
@ThatGuy-bz2in Ай бұрын
@@haydenholdsworth9632 the stock market and public investing in companies is a core part of capitalism. You're saying it's not capitalism's fault, it's just a core part of capitalism's fault. It's kind of splitting hairs.
@Bookworm214-y3d
@Bookworm214-y3d Ай бұрын
I dont get it either, i own a restaurant...the fact that i have 10 ppl in my restaurant for an entire day is cause enough for celebration to me. ...i dont need more than what i have...i love my life, i cant imagine ripping ppl off to have more and do what with all that money?? Looking at p diddys situation, i dont wanna get rich
@GANDROID100
@GANDROID100 Ай бұрын
because the ceo is hired to make the stocl go up because he is hired by people who own the stock. New to capitalism maybe?
@jamez6398
@jamez6398 Ай бұрын
Why on Earth would you want to buy shoes online? In a store, you can try on as many shoes as you like until you find one that's comfortable. If you buy it online, you have no guarantee it will be comfortable for you to wear.
@The1Maldo
@The1Maldo Ай бұрын
I buy Adidas as excample alsways online, their shoe sizes are so consistent that I can order blindly the same size and it fits perfect.
@Aubrey2004-j4k
@Aubrey2004-j4k Ай бұрын
Lol its usually cheaper online. Just know your size and you good. Bought all my shoes online and they always fit
@Swiplys
@Swiplys Ай бұрын
We all know why these brands are collapsing. Targeted boycott. We all know why. Funny how mainstream media and certain parroting youtube channels won't see the reasons why
@king_dot
@king_dot Ай бұрын
I only buy online if I've on tried the shoes before
@YouilAushana
@YouilAushana Ай бұрын
Boycott
@smj337
@smj337 Ай бұрын
Asics is not a start up brand, it began as Onitsuka which Phil Knight (the founder of Nike) started selling in the US before founding his own company.
@EvMund
@EvMund Ай бұрын
Being an upstart is not the same as being a startup 😂
@smj337
@smj337 Ай бұрын
​@@EvMund that logic still does not apply, Asics has been established for a long time and hasn't suddenly risen.
@symptomofsouls
@symptomofsouls Ай бұрын
​@@smj337it has suddenly risen, now Asics is considered on a similar level to brands like Adidas and New Balance, which was not the case a few years ago. They were a more niche brand before that, made good running shoes but not nearly as popular
@edgarLV
@edgarLV Ай бұрын
I don't buy Nike anymore because of the bad quality. Last ones that I bought broke in 3 months. They are too expensive for cheap quality product. And my wife worked in Nike factory in quality inspection. She told they have production that goes to Europe and USA, that is made using cheap quality materials, and there is production to China, where materials were better. Now she still have her 4 years old Nike shoes that she got from factory. Using daily. Half year ago I bought new Nikes for her here in Europe ...already broken.
@HosenMatzZ
@HosenMatzZ Ай бұрын
what a believable story. i too, would buy expensive nike shoes in Europe to bring them to Vietnam or Bangladesh and gift them to my totally real wife that works in a factory there and get's the good quality shoes for a huge discount or even free. And there's people even up voting this shit.
@edgarLV
@edgarLV Ай бұрын
@@HosenMatzZ they had and have factories not only in those countries that you mentioned. Honestly it is not good that Nike is falling, because these factories are giving work to locals. And it is really bring good them.
@luisostasuc8135
@luisostasuc8135 Ай бұрын
Those companies have other options now, and knockoffs have always been popular as long as they get the right style. Nike just offers a consistent market. They'll probably survive if nike falls; it's not like nike is giving them more profit anyway 🙄
@navinvent
@navinvent Ай бұрын
Frankly unless you are paying for a specialist type shoe, the 100$ shoes are made in same bangladeshi or indian factories that make 10$ shoe, and you are better of buying them for daily use.
@rtothec1234
@rtothec1234 Ай бұрын
Shoes are meant for being worn. Not investment objects
@AlphaGeekgirl
@AlphaGeekgirl Ай бұрын
Tell that to the hundreds of homeless people that I have seen literally drag themselves up by their shoelaces (excuse the pun), and OUT of homelessness, by buying and trading shoes. I didn’t even know it was a thing. 🤷🏻‍♀️
@akilh340
@akilh340 Ай бұрын
​@@AlphaGeekgirl Just because people CAN make money treating it as an investment doesn't mean it is an investment
@symptomofsouls
@symptomofsouls Ай бұрын
​@@AlphaGeekgirlyou can't drag yourself out of homelessness doing that, you need to have spare money to start flipping
@thaddcorbett2148
@thaddcorbett2148 Ай бұрын
I think a lot of people from my generation have gotten away from Nike. We all wanted Nike, Air Jordans as kids, but many of us have changed to Vans.
@yashchandkatoch9533
@yashchandkatoch9533 Ай бұрын
I have lived only to see this day. I am sick of Nike's dominance.
@HippasosofMetapontum
@HippasosofMetapontum Ай бұрын
support other old brands like Reebok, Puma ^^ classics
@chrismorales4288
@chrismorales4288 Ай бұрын
@@HippasosofMetapontumand Adidas
@leslielemmon
@leslielemmon 27 күн бұрын
You, sir, musta had a sad-azz life.
@Benjamin-t9f5b
@Benjamin-t9f5b Ай бұрын
Nike stocks are a strong investment due to the company’s global presence, brand loyalty, and focus on innovation and sustainability.
@SiaukemLam
@SiaukemLam Ай бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
@CodieSanchez-d6x
@CodieSanchez-d6x Ай бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@АллаМаклак
@АллаМаклак Ай бұрын
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@CodieSanchez-d6x
@CodieSanchez-d6x Ай бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
@АллаМаклак
@АллаМаклак Ай бұрын
Thank you for saving me hours of back and forth investigation into the markets... I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless..
@krozzer2748
@krozzer2748 Ай бұрын
This video seems to be quite dark/poorly lit? The graphics look fine.
@Parakeet-pk6dl
@Parakeet-pk6dl Ай бұрын
That’s been going on far a few days already, I’ve been noticing it too
@Ben-rz9cf
@Ben-rz9cf Ай бұрын
must have gotten a new video editor
@JH-pe3ro
@JH-pe3ro Ай бұрын
Desaturated/small value range usually means a color space issue where some part of the video pipeline assumes that a clip has a wider gamut and crushes it down. I think Jack may have changed cameras and didn't check all his settings. It can be hard to catch this stuff because the editing software may do something different from the export.
@codycomer4623
@codycomer4623 Ай бұрын
Also, their quality has massively dropped. You pay twice as much for a shoe that falls apart in no time.
@rsantana389
@rsantana389 Ай бұрын
Glad that the market became wider. Hopefully lower prices will follow.
@toniviskari417
@toniviskari417 Ай бұрын
I watched an interesting video essay about Nike's problems a while back that I think adds to the details presented here. An argument made in that video was that one of the crucial mistakes the new leadership at Nike did was that because Donahue's initial background is in business consultancy, his approach to the company was that basically everything should be values in an Excel table. Which becomes a huge problem as it is massively difficult to not just evaluate the brand value, but also how different projects contribute to that. Hence, and this is how I understood it, Donahue cut down on brand promotion and athlete partnerships, which opened up that space for other brands to move into that space.
@Ruffel24
@Ruffel24 Ай бұрын
Their latest models run really bad, that's why I switched to Hoka. Runs better and lasts longer.
@b3ans4eva
@b3ans4eva Ай бұрын
Nike decided to block online orders from overseas earlier this year. There were lots of complaints in NZ when that happened, since their range here apparently sucks.
@katzicael
@katzicael Ай бұрын
Yup - it's shyte.
@HippasosofMetapontum
@HippasosofMetapontum Ай бұрын
That is why iam stuck with Adidas xD they underperform compared to Nike and still mainly keep their qualities - still can buy shoes from them for 50$ every few months if i need a new pair
@HosenMatzZ
@HosenMatzZ Ай бұрын
is he intentionally saying conshoemer ?
@lederp42
@lederp42 Ай бұрын
it really confuses me how he kept saying it as if it was an actual term and not a stupid pun
@WanKhairilRezaKamaludin
@WanKhairilRezaKamaludin Ай бұрын
I’m not the only one who is bugged by this
@victoriab8186
@victoriab8186 Ай бұрын
It’s probably his natural accent - I would say it that way too. It comes from quite an interesting little linguistic quirk called ‘palatalization’, where a consonant sound moves closer to the hard palate. In English generally this happens when you have a t, s, or c before an ‘ee’/y sound; where the tongue would usually articulate the consonant sound near the front of the mouth, the tongue moves backwards towards where it would sit for the ‘ee’ vowel. If you try this yourself, you’ll find that this very quickly turns the sound into an approximately ‘sh’ sound. Essentially what happens is that that ‘ee’ sound becomes a part of the consonant, so it usually doesn’t then articulate separately. The most common places where we might usually be aware of this, even if we don’t understand the reason, are in the suffixes ‘-sion’ and ‘-tion’, where the i (which would sound like ee/y in the original Latinate/Italianate pronunciation) modifies the consonants s and t, and you pronounce it more like ‘shon’. The added complication in this situation is that the letter ‘u’, as in the word ‘consumer’, or as in the word ‘tube’, has two distinct pronunciations. The more commonly ‘American’ pronunciation has a singular static vowel sound, like the sound I was taught as ‘oo’ when I first learnt to read. The more common pronunciation in England is a diphthong, as in, it has a movement between two vowel sounds, and sounds like the word ‘you’. This means that the sound starts with the ‘ee/y’ sound which can cause palatalization of the preceding consonant. With the ‘you’ sound, there is more flexibility over whether palatalization occurs or not, but it’s why you might more commonly hear speakers from England pronounce KZbin closer to ‘youchoob’ than ‘youtyoob’ or ‘youtoob’. In the same way, while an American speaker might be more likely to pronounce consumer as ‘consoomer’, someone from England might either pronounce it like ‘consyoomer’ or ‘conshoomer’. I find it a really interesting linguistic phenomenon, as we are so unlikely to recognise it as a ‘rule’ and yet so likely to use it in our own speech. The palatalization occurring with a ‘u’ is particularly interesting, as it makes the vowel sound of someone from England sound the same as an American, but changes the consonant, where we might usually expect the same consonant pronunciation and a different vowel (or not be intimately familiar with the accent and thus expect consonant and vowel to be the same unless we hear otherwise and recognise it as a feature of that accent). I apologise that this comment got quite so long, and hope that my little linguistic diversion was at least mildly interesting.
@ynie1
@ynie1 Ай бұрын
I absolutely love On and Hoka, but they are not cheaper than Nike. If anything, they are substantially more expensive. Worth it though...
@ThompterSHunson
@ThompterSHunson Ай бұрын
I was only okay with ordering from Nike's site to minimize the risk of getting a knockoff instead of the genuine shoes. In my country, Greece, it's a real plague.
@Carlosmgcosta
@Carlosmgcosta Ай бұрын
I do 5 and 10k park runs all the time and I’ve have always been a Hoka man. And Im in Canada.
@carboy101
@carboy101 Ай бұрын
Personally I think New Balance makes the best running shoes in the game
@symptomofsouls
@symptomofsouls Ай бұрын
​@@carboy101so many good running shoe brands. Asics, Mizuno and Saucony are also really good, heard good things about ON. Personally I prefer New Balance but for the super performance (not casual runners) idk what is best
@madness1931
@madness1931 Ай бұрын
I haven't purchased Nike, in years. They feel like an overpriced brand, where you're paying for the name. A name where you expect good quality, and features, but they do not deliver. I currently own Salomon, and they outclassed Nike in every way, at the price points. Their whole quick tighten laces, are a huge win too, and wouldn't do without it. Edit: for those talking about sales... Every brand has deals. 40-70% off is very common. I haven't paid full price my entire life, Nike or not.
@chiggywiggy524
@chiggywiggy524 Ай бұрын
But salomon don't make sneakers and their other shoes look ugly af
@memofromessex
@memofromessex Ай бұрын
I have because I know my size will fit. And if you look around, they are on sale somewhere.
@N1ghtmareJoker
@N1ghtmareJoker Ай бұрын
Dude. Go to an outlet than wait for some offers. There one with buy any 4 items get 40% off. I got my shoe for like 60
@YouilAushana
@YouilAushana Ай бұрын
Boycott power!
@abel6416
@abel6416 Ай бұрын
I'm more into limited shoes like Yeezys. I wear them cause they look dope to me. If I'm just getting a regular pair shoes I'm def not getting Nike 💀. The only Nike shoes I'd want BOTS have already taken or have been sold back door
@Swiplys
@Swiplys Ай бұрын
Boycott Nike, Boycott Starbucks, heck even McDonalds is getting slammed. Y'ALL KNOW WHY WE TARGETING THESE BRANDS
@bastienguerre
@bastienguerre Ай бұрын
Distribution > Brand That's why Amazon is now a $2T company.
@Parakeet-pk6dl
@Parakeet-pk6dl Ай бұрын
When I hear Nike, first things that pop to mind are tax exemptions and exploitative practices in their sweatshops. So I’m perfectly fine with them being in trouble, to be honest. It already took too long…
@simpletrailers1161
@simpletrailers1161 Ай бұрын
2:15 so they basically replaced the guy who kept earning them more and more money constantly with... someone from outside
@AlanPontes-m2p
@AlanPontes-m2p Ай бұрын
Brand issues aside, it is quite astonishing that not one 'brainbox' in the board room could see that ceding physical retail space to competitors was a bad idea. Almost everyone prefers shopping for shoes in person.
@Abdumaks
@Abdumaks 24 күн бұрын
Another thing i noticed is how nike sponsores less football clubs the only big clubs on my mind are barca, inter milan and maybe psg, also less countries are using them
@ottomusprime5028
@ottomusprime5028 Ай бұрын
Just living a few miles miles away from Nike headquarters I’ve met a few people working there and I’ve heard all the stories that every couple years there’s a huge reorganizations many times over all the way back to their original roles. I don’t think anyone there knows what they’re doing. The designers really well all the shoes are so ugly.
@RuleStarRacing
@RuleStarRacing Ай бұрын
They are overpricing everything
@caseclosed9342
@caseclosed9342 Ай бұрын
Ironically their name means “victory” in ancient Greek…
@HumptyDumpty01
@HumptyDumpty01 28 күн бұрын
Dunks: the shoe 50 & 60 year old men wear with suits to try and look “hip”
@momo82041
@momo82041 Ай бұрын
One thing I never buy from online is a shoe. You gotta try those on before.
@tyronemorris5552
@tyronemorris5552 Ай бұрын
I keep hearing him say "conshoemers" instead of consumers
@mind-of-neo
@mind-of-neo Ай бұрын
Shopping online, especially for something like clothing, is so absurd to me. The real point of online shopping in my opinion is just creating a list of products you're interested in, and when you go to a store and physically inspect the item, that's when you decide if you really want it. That or buying not-very-important iems of which you always buy the exact same thing, like paper towels.
@tatsuhitot
@tatsuhitot Ай бұрын
Overpriced, ugly, uncomfortable.
@arturskarlovics9929
@arturskarlovics9929 Ай бұрын
On Running are really good, but I wouldn't say they targeted at a price cautious consumers.
@symptomofsouls
@symptomofsouls Ай бұрын
ON is for dedicated runners. Good shoe, but about the same price as Nike
@MarkSuckerburg-dt6yo
@MarkSuckerburg-dt6yo Ай бұрын
an ecosystem with 4 separate apps for your shoe's. I am in tech myself but tech bro's re-inventing things is stronger then ever.
@izzuddinmnasir4884
@izzuddinmnasir4884 Ай бұрын
Obvious reason: 1. Expensive af. Nike items is equal to 2-4 items 2. Nike can be found on bundles and reject shops. 3. Knockoff brand is booming 4. Competition
@fateenshareef8716
@fateenshareef8716 Ай бұрын
I thought it was basic sense that wearable and consumable products sell primarily by eye catching and trials?
@lvill3633
@lvill3633 Ай бұрын
Counterfeit shoes, on top of price wars... those are the issues.
@Mojaveknight17
@Mojaveknight17 Ай бұрын
When times are tough people look at their economic situation much more seriously because food, rent and essential expenses and cut expenses
@AlexKiritz
@AlexKiritz Ай бұрын
I bought the same basic running shoes from Nike for at least ten years, but then they seemingly stopped making them. I couldn’t find normal running shoes even in a Nike store. They insisted on only making shoes where the upper is a single piece of fabric, and it just doesn’t work. I’ve since gotten normal shoes for half the price from other major brands. Even $20 Kirkland shoes are better than any I could find the last time I checked at Nike.
@doc2146
@doc2146 Ай бұрын
Greed. Making billions working with retail partners. Cuts out the partners.
@DigiDriftZone
@DigiDriftZone Ай бұрын
Maybe instead of supporting the oppression of women and creating a line of products to try to cover up and disappear women, they should've focused on sports. This is when I stopped buying Nike.
@DM-yj9qf
@DM-yj9qf Ай бұрын
DTC is good for small niche products, but every small business wants to get into big box retail.
@JerryJ84
@JerryJ84 Ай бұрын
Just got a NIKE ad while watching this video. 🤔🤣
@coachpotato7353
@coachpotato7353 Ай бұрын
Sir, may I introduce you to AdBlockersssss :)> Also, if you jump the video to the end and then opt to "rewatch" it, there are no ads!
@zurielsss
@zurielsss Ай бұрын
Nike paying for a video explaining how bad they are is glorious
@Ahmed-ef3bg
@Ahmed-ef3bg Ай бұрын
Under armour and new balance have been my go to for years now. Nikes a bit too tacky for my aesthetic.
@TheWebstaff
@TheWebstaff Ай бұрын
In the uk sports direct own brands are great. Karrimor are really great for the price.
@pb6481
@pb6481 Ай бұрын
During my holiday in China I bought Nike shoes in Luoyang (actually this month). I didn't have a brand preference, but this was the promoted choice there. I needed shoes from a problem solving situation, the shoes I had with me where not good anymore. So I didn't take much time to actually shop. It's just a single experience, but based on it, I wouldn't think that Nike is really doing that bad. The price of the Nike shoe there, was similar to what you'd pay for it in The Netherlands. So to me that was a little bit of a surprise.
@koningking5169
@koningking5169 Ай бұрын
Honestly, a good idea to implement, is a social media - like account on a Nike app, that allows users to upload designs, that people can then like or comment on. The design/s that get the most likes, then get put into development. Let the ideas come from the people.
@LoneWolf-wp9dn
@LoneWolf-wp9dn Ай бұрын
So what they did is the equivalent of pepsi pulling out of mcd because they can sell in the mall... somehow
@Autotad
@Autotad Ай бұрын
I could really tell their innovation fell through the floor. I was really getting into sneakers back in 2016-2018 since there were always new models coming out that were cool. Only shoes I buy from Nike now are my annual running shoes when they have them on sale.
@adrianvasquez254
@adrianvasquez254 12 күн бұрын
I switched to New Balance 10 years ago. I still wear Brooks and occasionally ASICS but Nike doesn’t work for my feet (and they’re expensive).
@ChrisRobato
@ChrisRobato 27 күн бұрын
Retailers are also stocking Crocs and Birkenstocks, so there is a trend of people going outside of sneakers, which is why shoe makers are also making slides all over. Also after the pandemic, people rushed outside for activity, creating a boom for outdoor activity shoes. One area was in running and jogging, and the other area was in camping and hiking. On, Hoka, Asics and New Balance grabbed the running market, while Salomon took the hiking market.
@sobretodo9692
@sobretodo9692 Ай бұрын
This situation benefits consumers as there is more competition and innovation in the market
@Anonymous_Lee19
@Anonymous_Lee19 Ай бұрын
Nike's management team definitely messed up when they reduced partnership with third party sellers. When Nike moved out, other brands got more exposure. In recent years, it's harder to see Nike products in physical stores. Many around me tried out other brands, simply because they did not see Nike products.
@FredBlogs-j7j
@FredBlogs-j7j Ай бұрын
I'm UK based and find that Decathlon trekking shoes to be good quality and price. I have some that have been daily use for over two years (I speed walk for anything up to an hour a day for diabetes blood sugar control.). They cost less than £80. Oh, and by the way, I have wide feet and they fit fine - I don't like hurting my feet by wearing narrow shoes.
@mind-of-neo
@mind-of-neo Ай бұрын
Problems with Nike: -Sharp decline in quality of many products. Huge variation in quality across the brand, even to the point that they seem to sell lower-quality versions of certain items in certain stores. I'm not talking amazon, I'm talking real stores. -Prices are way too high across the board, even if the quality was as high as it should be. Also seems like they overcharge more depending on how "cool" they think the design is. I'm not paying 50 dollars for a T shirt just because the design is sick. -They have made tens of thousands of products and yet at any time only the most recent few months of releases are purchasable through official means. I believe any item made in the past ought to be obtainable today. -They push online too hard, giving only small piecemeal selections of their goods to stores. You should be able to buy anything they make in a store.
@lipsterman1
@lipsterman1 Ай бұрын
I bought my first Nike in 1984. It was a waffle running shoes. They were very comfortable and lasted a long time. I haven't bought Nikes in decades. They don't fit my feet at all (pinch my toes) and fall apart. I wear Diadoras, New Balance and Asics mostly. They fit my feet and don't break the bank.
@justmoch8985
@justmoch8985 Ай бұрын
as a runner, i don’t feel like nike shoes are comfortable enough. it’s like buying cheap crap. my last nike was zoomfly 3. other competitors have better offers in terms of quality and affordability. 😊
@consciouscrypto3090
@consciouscrypto3090 Ай бұрын
Nike is more of a lifestyle flex brand. It's all about the marketing associations. The price isn't justified by quality differences vs competitors' offerings. And the lifestyle image they've been promoting recently isn't one I want reflecting me. I'd be ashamed to be seen in Nike now.
@natedogg890
@natedogg890 Ай бұрын
Its like what happened with the beer industry when craft breweries blew up. Theres so many small, sustainable sneaker companies popping up that beat Nike on quality and value. They need to follow what Labatts did and start acquiring rhe small market competition
@Embargoman
@Embargoman Ай бұрын
Even Skechers is giving Nike a run for its money!
@TheWebstaff
@TheWebstaff Ай бұрын
It was an acceleration > directly at the oncoming wall!
@randomguy-tg7ok
@randomguy-tg7ok Ай бұрын
"Sales are down 2%, we expect to lose 10% next year" (Stock price falls by 28%) The Stock Market, amirite?
@jayceh
@jayceh Ай бұрын
Because the stock was priced for much faster growth prior to the fall.
@zurielsss
@zurielsss Ай бұрын
Because if you are not growing, people will buy something else
@TheSimChannel
@TheSimChannel Ай бұрын
Are you saying con-shoe-mers as a topical pun or is that the valid pronunciation in your part of the world (UK?)?
@hassam363
@hassam363 Ай бұрын
I had no idea Nike was having trouble
@zurielsss
@zurielsss Ай бұрын
I am so happy people are discovering Japanese brands like HOKA and ASICS
@sumimasenpanda
@sumimasenpanda Ай бұрын
uncomfy most of their classic shoes. no effort to make them comfortable. it wouldnt even change the look. airmax, dunks, jordans all mostly uncomfy
@thridday
@thridday Ай бұрын
They used to have great clothes but I dont think I will ever go back to their narrow toe box shoes. Strangely enough, when I stopped buying shoes I also bought other brands sports wear, turns out I dont miss them much.
@ericclark133
@ericclark133 Ай бұрын
Moving products off retail shelves was a stupid idea. Consumers will accept a like minded shoe from a more affordable competitor, especially if they don’t care about fashion consciousness due to age, if it becomes difficult to chase Nike. I bought the same shoe for decades from Nike and went to their website when they pulled their products from stores, and ordering was a huge pain. I’m going with something else next time. Losing transactional customers like me is a costly mistake because you need to pay for marketing to attract new ones, incurring extra marginal expenses that formerly weren’t necessary.
@ElRadioDJ913
@ElRadioDJ913 Ай бұрын
Overpricing of their products are the main issue. adidas did it better and their quality vastly improved.
@basvriese1934
@basvriese1934 Ай бұрын
I feel like Nike just had a good headstart, giving them a good name, but by now there's just a lot of cheaper alternatives of equal or better quality
@bobdrago69657
@bobdrago69657 Ай бұрын
I buy, Hoka, NB, Merrill.
@Sean-sk3nq
@Sean-sk3nq Ай бұрын
Every one I know is wearing Hokas or other high-end walking shoes. They missed the boat on the older crowd who have bad hips or knees and needs a nice walking shoe.
@roboliver9980
@roboliver9980 Ай бұрын
Nike used to make decent priced, quality and performing running/training gear. Lately quality has dropped, prices have risen and Nike has got involved with various politic issues that are divisive. It desperately needs to get back to core values.
@KageNoTenshi
@KageNoTenshi Ай бұрын
Now I don’t buy either, but I think the M is a much more recognised logo
@Darieee
@Darieee 27 күн бұрын
do add the promised videos to the description please :)
@aldine_KSP
@aldine_KSP Ай бұрын
On running is fire. I loved nike but on is where its at
@KelticStingray
@KelticStingray Ай бұрын
Why would you have 4 apps when 1 app can have 4 sections
@mbahchiemerie115
@mbahchiemerie115 Ай бұрын
The intro was sick‼️
@kashmir883
@kashmir883 Ай бұрын
right??
@carboy101
@carboy101 Ай бұрын
Online shopping is the more convenient when you have a store to go pick it up at.
@lehpares
@lehpares Ай бұрын
Good Hoka an On taking the space Nike left behind. Hahaha. Yes, I don’t like Nike. Each running shoe I’ve tried caused me injuries.
@v6i838
@v6i838 Ай бұрын
I’m glad their running shoes were mentioned. They have 2 good race shoes and 1 decent but expensive daily trainer. Otherwise, their running shoes are either overpriced, bad quality or usually both. I’d recommend pretty much any other running shoe brand, particularly ASICS, New Balance and Puma (seriously, they’re so underrated). Their shoes are better quality, more fun and nearly always cheaper than their Nike counterparts
@saysoco
@saysoco Ай бұрын
the whole world is SICK OF BRILLIANT ADS..
@Grymyrk
@Grymyrk Ай бұрын
Wholesalers? Those are retailers.
@alx9r
@alx9r Ай бұрын
Maybe their shoes are of mediocre quality but cost a fortune.
@dominik3482
@dominik3482 Ай бұрын
I bought NIKE when it went down. My stock is up 11% atm.
@Glinty_
@Glinty_ Ай бұрын
Also, I just wanted to add that Nike are losing sport sponsorship. They used to have a lot of top footballers on contracts like Neymar and Messi but now you see Harry Kane and Bukayo Saka with brands like new balance and sketchers. Also, their football kits for lower league teams have just been Nike templates, hence why football fans have wanted to move away from the boring designs.
@good-tn9sr
@good-tn9sr Ай бұрын
Nice shirt, is this the Yeezy Gap Tee? 👀
@Sur-Ron
@Sur-Ron Ай бұрын
The quality of thier trainers is awful now! I went to buy some trainers last week and the nike trainers had glue all over them. For trainers that cost over £100 they were shockingly bad!!!
@leolinguini260
@leolinguini260 Ай бұрын
Nike lopped off their own foot in order to shed weight, and now they wonder why the are limping along.
@musicguy20
@musicguy20 Ай бұрын
Shoes cheaply made in sweat shops and up priced to an arm and a leg, of course that’s not sustainable.
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