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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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Lil Reese Says He Was Waiting For 6ix9ine At Chicago Airport In Rare Interview

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Lil Reese speaks on Tekashi 6ix9ine’s visit to Chicago in rare interview with DJ Akademiks.

If Tekashi 6ix9ine walks away from jail time, he will have to relocate to a place on earth where he can hide for eternity.

As the tattoo-covered rapper gained success, he has also made a loads of enemies; and among them are several Chicago driller you don’t want to mess with.

After last year’s spectacle, where 6ix9ine visited the Chiraq trenches, provoking shooters from the city. By now, we should know that he was accompanied by a lot of police and security which Lil Reese said he found out about while waiting for the rapper’s arrival at the airport.

“When he first came to Chicago — alright, it’s a big city but it’s a small city. When he first got to the airport and came, we was up there, at the airport. We watched him get in the car,”

Reese told Akademiks. 

This unveils the mistery on how 6ix9ine manage to ride around town without getting harmed, as Reese discloses information concerning the security and police crew surounding him.

“We were at the airport… We watched him get in the car. We let him ran out because there was police all in the car. We weren’t going to do anything …”

Reese says

Reese explained that he didn’t feel the need to actually take the beef serious because 6ix9ine was playing Internet games, and he has not spoke to him ever since.

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PNB Rock Orders WorldStarHipHop To Take Down His “Drippin Like Paint” Videoclip With SkinnyFromThe9

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PNB Rock Orders World Star Hip Hop to take down his “Dripping Like Paint” videoclip with SkinnyFromThe9 as soon as they uploaded it.

Apparently, SkinnyFromThe9’s street cred and popularity has been gunned down for multiple reasons we can’t just seem to find justifications for.

Jersey rapper David Villegas, better known by his stage name, SkinnyFromThe9 has been getting a lot of Ls lately but is also gathering a lot of shade from the industry in general for unknown reasons.

After being chased down the staircase of a L.A. studio by Zoey Dollaz and his goons, the upcoming rapper has gotten the cold shoulder by a lot of people, primarily Adam22 who has been giving more than a point of view but has been taking sides and handpicking who he f**ks with and who he doesn’t. Unfortunately for Skinny, he wasn’t picked, and Zoey had a 101 interview podcast on the official No Jumper Youtube Channel the very same day.

It looks like it is PNB Rock’s turn to allow a shady move to be made public against the Jersey Emcee.

Yesterday, according to our Youtube notifications, the official videoclip to Rock’s and Skinny’s track ” dripping like paint” was released. When clicking on the link, the video had already been taken down by the WSHH team. they could have forgot to clear the rights with the major since Rocks is signed to Atlantic and Skinny To L.A. Reid or can’t it just be that everyone hates on the new sensation.

While Adam Grandmaison keeps saying Skinny doesn’t have a career such as upcoming Kid Buu, who has been consistent yet we all agree he can be perceived as corny.

He has also been believed to have snitched about the recent chain snatching events to the police. As YBN Almighty is currently under investigation for the alleged robbery.

However, f**kboy or not, we found the videoclip online, reuploaded by Patsplays’ Youtube channel, as it is only right that SFT9’s fan can watch it.

Watch the videoclip down below and share your opinion in the comment section down below.

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Insane … Lil House Phone Delivers Crazy Powerful Performance At No Jumper Monthly!!

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Rope gang now organize a lifestyle event at the Echoplex every month in Los Angeles. For the occasion Chief Keef and many special guests showed up including DC the Don, CAM GIRL, and Lil Ugly Toes.

Despite the No Jumper crew pining for the presence of Glo Gang, probably due to their current business venture with “Glo Jumper” Capsule collection, and highly hyped up Chief Keef performance, the one performance to be remembered is Lil House Phone‘s one.

Nevertheless Sosa will remain the legend of Drill Music, but time goes by and have made some space for new talents.

Watch the vlog and let us know how you feel about his explosive performance at Ecoplex.

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