Down Round cover image

Down Round

Nike: Barefoot is Illegal (PREVIEW)

Aug 8, 2024
08:00

Nike: The brand of brands.

When it comes to brands, they're top dog. When it comes to returning money to shareholders, less so. At least this year.

As Nike have pursued the quest to become as close as an apparel company can be to a tech business, their share price has tanked – this year by over 30%.

A former executive's LinkedIn post went about as viral as a LinkedIn post can go, lamenting Nike's turn to e-commerce and performance marketing thanks to their current CEO, the former head of ServiceNow, and advice from McKinsey.

Very Down Round areas. 

Links:

See omnystudio.com/listener for privacy information.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode