BREAKING: Could This Be The End of Nike? … or The Beginning?
Internet Strikes Back Against Failed Nike ‘Just Do It’ Campaign
Shoe company loses billions in market cap
Social media users pushed back hard against Nike’s new advertisement campaign featuring football-kneeler Colin Kaepernick with memes mocking the athletics company.
Several memes pointed to Nike’s tagline, noting that U.S. soldiers sacrificed much more for their beliefs and America than a leftist millionaire football player who kneels during the National Anthem.
Since the ad rollout and subsequent backlash, Nike lost nearly $4 billion in market cap, reflecting just how unpopular the NFL kneeling controversy has become to sports fans.
Regardless of the short-term pain, Nike with its multi-billion $$$s is likely to overcome this challenge and actually come out on top with success of its OWN IN THE TRUMP ERA! YEA THANK TRUMP OR THANK A SOLDIER BETTER YET! 😉