The multi-national $34 billion retailer has “responded,” in a sense, with a 31 percent jump in sales.
“There was speculation that the Nike/Kaepernick campaign would lead to a drop in sales, but our data over the last week does not support that theory,” Hetal Pandya, co-founder of Edison Trends, tells Marketwatch.
“Nike’s online sales actually grew 31% from the Sunday of Labor Day weekend through Tuesday, as compared with a 17% gain recorded for the same period of 2017,” Marketwatch adds.
Trump is opposed to NFL players kneeling in silent protest of police killings of Black people. He has also called Kaepernick a “son of a bitch.”
Meanwhile, interest in Nike stock is also jumping.
“Nike has grown in popularity among millennial investors after releasing its controversial Colin Kaepernick ad,” Business Insider reports. “A total of 15,191 investors added Nike to their portfolios on Robinhood this week, up 45% from last week.”
“Investors on Robinhood are buying Nike stock 300% more than they are selling, compared to 12% last week,” Robinhood’s data scientist Sahill Poddar told Business Insider on Tuesday. “Investors in Oregon, where Nike is headquartered, are buying the stock 850% more than they are selling.”
The popularity of Nike’s stock has jumped 20 points as well.
Clearly, the company’s long-term strategy is working.
Or, perhaps, maybe they just thought supporting the head of a campaign to stop police killings of unarmed Black people was a good idea.
Trump accused of inciting violence against Adam Schiff with ‘not paid the price yet’ Twitter threat
A Sunday morning tweet by Donald Trump attacking Rep. Adam Schiff has drawn intense scrutiny on Twitter and elsewhere with many suggesting the president is inciting violence or some sort of retribution against the California Democrat whith the phrase Schiff "not paid the price yet."
According to the president, "“The Impeachment Hoax is a massive election interference the likes of which has never been seen before. In just two hours the Radical Left, Do Nothing Democrats have seen their phony case absolutely shredded. Shifty is now exposed for illegally making up my phone call, & more!” before adding, “Shifty Adam Schiff is a CORRUPT POLITICIAN, and probably a very sick man. He has not paid the price, yet, for what he has done to our Country!”
Fox News poll delivers devastating news to Trump on impeachment
According to a new Fox News poll released on Sunday morning, a clear majority of respondents -- beyond the margin of error -- believe Donald Trump should be convicted by the U.S. Senate for impeachable crimes and removed from office.
According to the poll, "On impeachment, by a 50-44 percent margin, voters think the Senate should vote to convict Trump and remove him from office. Most Democrats say remove (81 percent) and most Republicans disagree (84 percent). Among independents, more say Trump should be removed by a 19-point margin (53-34 percent)."
Trump has bigger 2020 re-election problems than impeachment: ‘A target-rich environment for Democrats’
With Donald Trump expected to be acquited by the GOP-majority Senate in an impeachment trial being manipulated by Senate Majority Leader Mitch McConnell, Democrats are setting their sights on the 2020 election where they feel the president is vulnerable on a host of other issues that can be piled on his House impeachment.
According to a report from the Daily Beast, democratic strategists who will be helping direct the 2020 campaign against Trump by the eventual Democratic nominee are licking their chops at the prospect of highlighting the president's poor stewardship of the country.