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Hi, this is CAFASHIO. Have you ever wondered how hard it is to lose $28 BILLION in a day? Nike felt like Conor and conducted this experiment...
Yesterday, Nike was the king of the market, and today, their empire is crumbling... Their stock was skyrocketing until 2021! But why is the Swoosh dying? What led to this? What mistakes did the company's management make? Will Nike survive in the market or will its competitors kill it? And finally, how could they lose $28 BILLION in just one day?
In this video, we'll analyze what happened and what mistakes Nike made. Let's talk about who exactly is behind this decline and whether there is hope for the future of Nike...
Timecodes:
0:00 Lost $28 BILLION in a day
0:19 Biggest growth or biggest decline?
0:56 How Nike built an empire
2:19 Losing the basketball throne.
3:34 How Nike let down basketball players
4:49 Swoosh is losing athletes.
5:40 Where Federer and other legends are fleeing from Nike
6:10 The CEO who killed Nike.
7:12 Other Nike scandals.
8:26 Forgot about technology and screwed customers.
9:34 Missing the trend and the worst marketing in history
11:55 A $28 BILLION failure
12:22 Can Nike correct its mistakes?
13:15 Words of gratitude