Alejandro Avila
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Nike CEO John Donahoe considers his sportswear empire to be “a brand that is of China and for China.”
Per the BBC report, “Mr. Donahoe made the comments during a discussion on Nike’s fourth quarter earnings, which showed revenues had doubled to a better-than-expected $12.3bn for the three months to the end of March.”
Based on data from Statista, Nike’s line of footwear netted 4.6 billion in revenue from Greater China in 2020.
Donahoe also informed the analysts, “We’ve always taken a long term view. We’ve been in China for over 40 years. Phil [Knight] invested significant time and energy in China in the early days and today we’re the largest sport brand there.”
Despite the adulation from America’s most influential companies, China sees its obstacles on the global stage. China still egregiously violates human rights laws, moderates media content and regularly relies on dictatorial propaganda.
In the last ten years or so, Nike has rebranded itself into a politically friendly — albeit one-sided — platform for athletes such as Colin Kaepernick and LeBron James. However, its anti-America, pro-China messaging has been soundly rejected by the majority of Americans and those concerned about preserving U.S. principles such as free speech.
What’s a Nike?
Funny how Colon can kneel during the anthem because of America’s racist roots going back to slavery, but is comfortable wearing products made with slave labor. I guess the complexion of the slave matters to him.
That seems racist, no?
Stop purchasing Nike products. Tell them why.
I stopped buying nike years ago, and when they paid that colonoscopy of a quarterback millions to seldom use his image in an ad I threw everything I still had away.
One can only hope Nike goes belly up in America and has to move their entire operation to China…..and LeBron and every Commie loving assclown follows
We can dream about it, but 12.3 billion in sales January – March says that isn’t happening anytime soon.
Come on America take your money from the modern day slavers and spend it on other brands.
All the libtards bash Trump and his supporters as fascists while they support, coddle and do business with our generation’s version of Nazi Germany. The hypocrisy is mind blowing
They need a new ceo this guy is pretty dumb I. mean come on man really