Look At Nike’s STOCK Since Kaepernick’s Latest Flag Shoe Hissy Fit

Written by Wes Walker on July 9, 2019

We’ve come a long way from Jordan’s ‘Republicans by sneakers too’ philosophy. Nike backing Kaepernick was a bold move, but is it the right one?

As far as love of country goes, it’s straight up stupid — as Ted Cruz so ably explained.

As far as alienating half of their customer base — maybe they don’t mind so much. It was almost the inverse of what happened at Dick’s Sporting Goods or Chick-fil-A.

In backing Kaepernick, Nike might be counting on support from the Never-Trump Resistance and hoping to gain more from them than they’d lose from siding with patriots.

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Hint: think about which groups have high-end sneakers as part of the unofficial dress-code of their particular sub-culture, and what those political leanings are.

Is Nike putting all their chips in on the culture and spending of, groups like Hip-Hop urban youth who view their shoes as status symbols? Could be. Some sub-cultures get REALLY serious about the brand of shoes on someone’s feet.

Will this gamble pay off? — Well, for one thing, their downside is pretty limited. Nike has already burned some bridges with traditional patriots in supporting Colin K in the first place.

What’s the upside? If it pays off, they could see a ‘woke’ loyalty bump in sales among their high-end product line.

As reported by The Daily Wire last year, Nike took an initial hit when the company promoted Kaepernick as the public face of its company:

Nike’s shares dropped by nearly 4 percent, “the biggest intraday slide in five months,” Bloomberg reports. “Nike shares slipped as much as 3.9 percent to $79 as of 9:31 a.m. Tuesday in New York — the biggest intraday slide in five months. They had climbed 31 percent this year through Friday’s close.”

However, according to a CBS News report, the hyper-political left-wing movement from Nike is intentional — and paying off big-time. “Nike’s annual sales have jumped 7% to more than $39 billion, according to its last quarterly report. Its stock is up 12% since the start of the year, and Nike CEO Mark Parker has said the Kaepernick campaign inspired ‘record engagement with the brand,’ important for a company looking to bolster its direct-to-consumer business.”
Source: Dailywire

What’s the lesson for us in this?

For one thing, if you know who your customers REALLY are, and keep them happy, you really don’t need to be afraid of the outrage mob.

The other? Don’t make a threat to stay away from a product, company or service unless you mean to stick by it. Likewise, if you threaten to kick one to the curb, follow through.

They’ve already decided who they are, and they’re willing to demonize you and me. They see demonizing us as good for business. Adjust your purchasing decisions accordingly.

Let them be ‘woke’. We’re happy to be patriots… and elect someone willing and able to slap the ‘resistance’ around like a rented mule.

If you start to add up Trump’s accomplishments — economic, domestic freedoms, foreign policy and more — the question of whether he will be remembered as one of the truly great presidents is becoming less of a wry joke and more of a serious consideration.

That was the inspiration behind our own Big Dawg and resident artist Doug Giles’s latest Trump / MAGA themed piece in his collection.

What if — by the time he’s finished his eight years in office — he’s turned the ship around and he ranks in the rarified air of THIS crowd?

Sound crazy? Maybe but that’s what they said when he announced his candidacy for President, isn’t it? And nobody’s laughing about that anymore, are they?

Here’s the artist talking about his work in his own words:

Prints, for those interested, ARE available if you’d like one for yourself, or as the ‘perfect gift’ for that ‘woke’ aunt with the patchy mustache.

Giclée on canvas prints, of various sizes, both stretched and unstretched, are available.

• 11×14” giclée on canvas stretched print is $250.

• 11×14 ” giclée on canvas unstretched is $150.

• 11×14” poster print is $50.

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