It’s not a matter of IF that little minx of a Goddess will leave you again…it’s WHEN. Macy’s…break the cycle! More validation that the 2020 reorg was a complete bust. The leaders stay and just reinvent old strategies as new, brilliant out of the box thinking.
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CDS cannot sustain Nike’s growth alone. The wholesale channel is also needed and Nike inking a new deal with Macy’s is indication of that. I expect others who were kicked to the curb will be reined in the not too distant future.
It takes market saturation to grow a $50B+ business by the numbers Nike talks. Need those brick and mortar retailers to help make that happen.
Time for JD and his leadership team to go. Need a Nike insider as CEO.
Nike is now relearning that retail doesn’t just exist for marginal sales. A lot of longer term brand loyalty has a grassroots start at retail. Including and especially at those “mom and pop” retailers that Nike kicked to the curb.
The two times Nike has taken on a CEO not from within it has spelled trouble for the company. There’s still time to right the ship but the window is getting more and more narrow.
I think they’re jaded because we bailed on Macy’s a while back but now we signed up another deal with them. Question was it us throwing them a life line or Nike’s strategy not working? Personally I think a little bit of both.
This post is so unhinged wtf
Huh?