Don't expect a turnaround. There's no real intent to bring back the old glory, not even to improve from where we are now. They'll cut until there's nothing left. We've been stagnating, and I've yet to see even a hint of vision behind any of the recent layoffs or restructuring.
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Thank you for your attention to this matter.
I see a lot of returning white male man trying to recover their egos since being horribly victimized in the “wokeness” of it all. What a bunch of losers. Good luck trying to get a bl----b you’ll have to blow each other these days. Get used to it!
Once Phil is gone might as well close up shop
or by doing market entry
or by doing M&A
Nn first, nike is too incompetent to manage its growth markets, especially APLA.
Nike is also horrible with this, converse and hurley is case in point
Nike has the scale of a mature company but the operational discipline and governance of a mom&pop shop.
No we have become a mature company. No longer a growth company. Mature companies boost earnings by cutting costs and increasing prices. That’s exactly what we are doing. We are like Coke, Pepsi, p&g, Colgate, Levi’s, VF etc
Just sell the rights to the logo and move on. Not much value left here