Then, too, there are Nike-specific (NKE) issues. Once-popular throwback lifestyle shoes, like Dunks and Air Jordan 1's, became ubiquitous and thus a little boring. Competition from upstart brands ...
Some of the issues at Nike Inc., which on Thursday reports its first quarterly results under a new chief executive, have been problems for anyone trying to sell things people want but don’t need.
Nike's brand power remains strong, but its decline in the "cool" factor and changing consumer preferences pose a challenge to regaining market dominance. Despite declining revenues, Nike remains ...