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Sneaker Sales

All articles tagged with #sneaker sales

business2 years ago•4 min saved

Nike Shifts Focus to Retailers and Innovation Amid Digital Decline

Nike is experiencing a decline in market share as newer brands like On and Hoka gain popularity, leading the company to shift focus away from classic basketball shoes towards upcoming launches and new product development. The growing preference for chunky dad shoes and terrace styles over retro basketball styles has allowed competitors like New Balance and Adidas to draw shoppers away from Nike. Analysts and investors are hopeful that upcoming running and fashion shoe launches will help counteract the slowdown in Nike's retro business.

via Yahoo Finance|

#business #consumer-trends #market-share

fashion2 years ago•3 min saved

"Adidas Expands Yeezy Line Amid Kanye West Controversy"

Adidas is selling off its remaining Yeezy inventory through digital platforms after cutting ties with Kanye West due to his antisemitic remarks. This is the third time the company has sold Yeezy shoes since ending its partnership with the rapper. Adidas has accompanied the sales with donations to groups fighting antisemitism and other forms of hate. Kanye West, formerly known as Ye, was dropped by Adidas in October 2022 over antisemitic remarks. Despite the controversy, Adidas expects operating profit to nearly double this year after discontinuing the Yeezy business.

via New York Post |

#adidas #antisemitism #fashion

sports3 years ago•2 min saved

The Controversy Surrounding Ja Morant's Actions and Impact on His Image.

Draymond Green discussed the impact of Ja Morant's suspension on his sneaker sales, stating that parents may not be impressed by his recent behavior. Morant is one of the faces of Nike Basketball, and his shoes have sold out within hours of release during each drop so far. Nike and Finish Line have removed Morant's sneaker from their websites, and ESPN's Michael Wilbon has suggested he won't be buying Ja 1s for his family.

via Yahoo Sports|

#draymond-green #ja-morant #nike