Slate News Slate Money: How Nike Shoes Got Lame
Sep 28, 2024
Kim Bhasin, a Bloomberg journalist focused on business, and Jamie Salter, a savvy entrepreneur known for revitalizing struggling brands, dive into the decline of Nike and its missteps in direct-to-consumer marketing. They explore how Nike's leadership changes and retail strategy backfired, opening doors for competitors. The conversation also touches on Salter's journey acquiring ‘zombie brands’ in the retail landscape. Finally, they dissect the implications of the DOJ's antitrust case against Visa and what it means for consumers.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Intro
00:00 • 2min
The Changing Landscape of Sneaker Culture
02:16 • 3min
Nike's Strategic Missteps and Leadership Evolution
05:30 • 16min
Exploring Brand Power and Subscription Benefits
21:56 • 3min
Navigating Brand Ownership and Identity
24:58 • 15min
Navigating Nostalgia and Financial Realities
39:46 • 4min
Visa's Dominance in Debit Processing
43:45 • 7min
Political Strategies and Financial Solutions
50:56 • 4min
From Stink Bugs to Siamese Cats
54:30 • 9min