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Nike Core Strategy Poses Major Threat To Department Stores & Shoe Retailers.

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Bad news for a lot of shoe retailers around the U.S. The very core of Nike’s strategy will pose a major threat for retailers in North America.

In his first quarter report, CEO Mark Parker emphasized Nike’s primary focus aiming for Direct interaction with the consumer, which directly means bypassing traditional shoe such as Foot Locker, but it could also harm smaller city store too.

“We have aligned into a new formation, the consumer direct offense, to focus on reinventing our business and the industry,” Parker said on the company’s earnings conference call. “With the new consumer direct offense we are taking that consumer connection one step further. We are going deeper. We are connecting more personally to help each individual make the right choices for them.”

Nike plans to grow the E-commerce business by a factor of seven, with a billion dollar in 2015 to $7 billion by 2020, which is actually three times the expected growth rate of the e-commerce industry itself, as the NRF (National Retail Federation) estimates 8-12% US e-commerce growth in 2017.

“Over the past 90 days it has become increasingly evident to all that the North America marketplace is undergoing significant transformation.”

Reports are crystal clear.

 

‘This is a core focus in the US, where the company emphasized the dire need to shift its strategy.’

As of Sep 27, 2017, The Financial Times reported that the consensus recommandations  investment analysts covering Nike Inc advises that the company will outperform the market. ouf of 40 votes from the most notorious analysts .

(Def : A consensus recommendation for an individual stock compiles ratings from a number of analysts who track that stock.)

Nike has emphasized its digital business and branded stores to increase customer interaction. In fact, 90% of Nike’s business in China is already transacted through Nike-branded experiences (digital and physical).

The newest technologies such as the auto-lacing ‘Hyperadapt’ sneaker propelled by Ronaldo and others combined with the Vapormax designs are part of this accomplishement.

“Nike has the firepower and will to generate enough interest outside of traditional channels,” UBS’ Michael Binetti said.

Let us know what you think will be the consequences for smaller shops or for big wholesalers.

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Tee Grizzley & Lil Durk Mixtape Coming Soon

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It looks like Detroit rapper Tee Grizzley is cooking up something with the Chiraq driller Lil Durk.

Yesterday (October 12), the Detroit rhymer revealed that he will soon drop a joint effort with Lil Durk.

“Y’all gone love when me and @lildurk drop our project ,” Tee wrote on Twitter,

 

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Rapper XXXTentacion Shows Football Skills, Jukes Off Oppenant With Crazy Stiff Arm

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XXXTentacion has took over social medias in the hip hop community and underground scene a year ago now. From beefing with the untouchable Canadian Emcee to putting a white kid to the gallows pole, the floridian rapper shows no sign of slowing down.

Dating one of the hottest camgirl just for fun, it is now time to show something else. How ’bout football ?

In this short video the ‘look at me’ rapper is aptly named

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Doughboy Cashout Member Doughboy Roc Fatally Shot In West Detroit

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Doughboyz Cashout member found dead in his car on Detroit’s west side

Five years already that the young Detroit thugs had their nationnal breakout on WSHH, after rescuing 2 Chainz ass from what could have been the beat up of his life at Pandemonium. But luckily the Detroit savage where here to show love while 2 Chainz was, at that time, not the household name he is today.

Live & die by the gun. Incarcerated in August 2011, for Weapons & Felony Firearms offense, Roc wasn’t there that night but you can easily come to the conclusion he was about that life … released in July 2013, he had run-ins with the law for falling to pay child support or other drug and weapon offenses but never went back to jail.

However, Rodney Yeargin better known by his street name as ROC, was shot to death inside his car on Detroit’s west side. Police said that around 3:30 p.m. on Monday, the body of the 29 years-old rapper was found riddled with bullets. No suspect has yet been arrested.

Doughboyz Cashout, a brilliant crew of Southfield High School students, which was later signed by Young Jeezy through CTE. Doughboyz Cashout released Free Roc following his incarceration as he was one of the most prolific member of the crew. Roc’s last solo release was September’s Roc Vs Balboa.

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