NKE
📉 Nike has lost a lot of ground, and its main problems are innovation, marketing, and brand positioning.
⚠️ The company doesn’t have issues with sports contracts or supply chains, but it does have inventory problems.
🔮 The presenter believes Nike’s situation might worsen before it improves.
@bernardodegarcia:
“I think they are all cycles. The thing is, I’m not at all sure that Nike’s cycle will shine again. It has lost a lot of ground, and the only problem Nike has now is innovation, marketing, and brand positioning. It doesn’t have problems with sports contracts. It doesn’t have problems with the supply chain, and well, it has inventories. So, I think the Nike story, I think it still has to get a little worse before it gets better.”
Viewers can see the exact part of the YouTube video where @bernardodegarcia discusses the stock here:
View the video on YouTube.
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