Thursday, February 21, 2019

Did Nike Stock Drop In The Toilet

Nike Inc. joined the rest of the basketball world in holding their breath Wednesday night, as the company that once launched an ad campaign on the phrase “It’s gotta be the shoes!” must have been thinking “Pleasepleaseplease don’t let it have been the shoes.”
Duke University forward Zion Williamson, the top college basketball player in the nation and one of the best NBA prospects in the past decade, was lost to a knee injury just seconds into a key game against North Carolina when his foot slid on the floor and his Nike-made shoe exploded, twisting his knee and sending him sprawling.

Too bad for Williamson but there is good news on the Karma front:


Nike released a special edition Colin Kaepernick jersey Wednesday just days after the former San Francisco 49ers quarterback settled a grievance with the NFL. The Kaepernick Icon Jersey – a black design with white lettering – resembles the ‘#ImWithKap’ jerseys that quickly sold out last fall. The jersey sells for $150. “We believe Colin Kaepernick is one of the most inspirational athletes of this generation, who has leveraged the power of sport to help move the world forward,” Nike spokeswoman Sandra Carreon-John told USA Today, adding that the jersey "marks Nike’s continued product collaboration with Colin.”

I love it when a plan comes together.

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