Zion's Nike sneaker comes apart injuring him- Nike's stock falls
hammer1
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Nike is playing damage control after Duke basketball phenom (probably #1 pick) Zion Williamson tore his sneaker in a game Wednesday evening. Williamson left the game with a knee injury. https://www.cnn.com/2019/02/21/business/nike-zion-williamson-shoe-duke/index.html
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"President Barack Obama was sitting courtside, and clips of Williamson breaking his shoe and Obama pointing to it immediately went viral. "
I knew he had a hand in this.
Well the market dipped a little bit as well today. I'm not sure that incident had too much to do with anything.
Nike marketing and product is so strong, they can even make the stupid mistake of using Colin Kaepernick as a spokesperson, and it doesn't seem to affect them very much.
In other market news, CLCT has been showing some nice strength lately.
Definitely not a good look for Nike, It makes you wonder if this was just a crappy pair of sneakers or did his size & mobility lead to his sneakers ripping apart. There are rumors that Nike was going to sign him to their Air Jordan brand once he becomes eligible.
On a sidenote,Jaysun Tatum has been wearing Nike's new self adapt sneakers without laces and I keep expecting something to happen that is comparable to Zion's sneaker tearing apart. IIRC Kyle Kuzma is also wearing them as well.
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
He needs some of those lonzo ball's