Prof G Markets: Nike’s Dramatic Downfall & Britain’s Road to Economic Recovery
The Prof G Pod with Scott Galloway
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Nike's Stock Struggles and Leadership Questions
This chapter explores the steep decline in Nike's stock following disappointing earnings, revealing issues with sales projections and competition from emerging brands like Lululemon. It raises concerns about the effectiveness of the current CEO's strategy to digitize and streamline operations, while investors express dissatisfaction with the company's leadership and market performance. The discussion also highlights the potential for a buying opportunity amid Nike's current valuation struggles compared to competitors.
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