Nike Has Also Entered The International Catastrophe And Has Been Embroiled In Race Issues.
Nike temporarily shutting down all stores in South Africa
The largest sporting goods group in the world
Nike
Inc. (NYSE:NKE) Nike group has been embroiled in the vortex of racial controversy recently.
Nike Nike brand released on the Internet
Barack Laval headgear
It is widely criticized for publicizing the culture of gangs and making profits.
This product is a product of the brand with the British designer Matthew Williams, founded by the men's fashion brand Alyx, priced at $92, has been removed from the website by the brand.
Some netizens pointed out that Nike's Nike headgear is not unreasonable because skiing, cold weather training and even cold protection are needed.
Most people, however, are especially unhappy with the brand using black models to demonstrate the head covering of the whole head and neck, exposing their eyes only. They believe that the image presented will enhance racial prejudice.
Commentator Paul Mckenzie criticized Nike's Nike brand for its influence on pop culture. He said in social media that "young people in the street are now in pursuit of these manufacturers, and they will buy whatever young people they sell." he pointed out that Nike's Nike products will make the young people look more threatening and provocative.
"These products are part of the Nike training series, demonstrated by different models and sold in many markets around the world," a spokesman for the brand said.
We must never indulge or advocate crime and gang culture.
Nike has removed the headgear of Barack Laval from the website.
Meanwhile,
Nike Nike
stay
South African market
Because of race problems, they had to close all stores temporarily.
A local video widely disseminated this week shows that the white man named Adam Catzavelos is speaking in English with a South African accent. He does not have a black woman on her beach. It is a paradise on earth. (the original sentence is "And not one kaffir in sight. Fucking heaven on on").
The word "K" begins with discrimination in the apartheid period of South Africa, which is equivalent to the beginning of the word "N" in the United States.
This person is not an employee of the Nike Inc. Nike group, and has been dismissal by the food processing enterprise St George 's Fine Foods owned by his family, but his wife Kelly Catzavelos is exploded as the local product director of the Nike Nike brand.
Race is still a sensitive topic in South Africa, and the man's words cause public outrage.
In view of the fact that H&M racism began to spread around the world eight months ago and became a violent act in South Africa, Nike Inc. decided to stop the operation of 11 local stores in Nike.
The group declined to comment on their emergency response, but issued a statement stressing that Adam Catzavelos has nothing to do with the group, while reiterating their opposition to discrimination and always strives to promote racial pluralism, tolerance and respect.
South Africa's ultra leftist Nationalist Party, Economic Freedom Fighters (EFF), said it would initiate criminal proceedings against Adam Catzavelos.
In January this year, the group led demonstrators to smash 6 H&M stores in the country because the flagship brand belonging to Hennes & Mauritz AB (HMb.ST) was a black boy model wearing a sweater with the most cool of the jungle (coolest monkey in the jungle).
Nike temporarily shutting down all stores in South Africa
Despite the trouble,
Nike Inc. Inc.
The group's recent strong gains in the North American market and China have been recognized by the market, and this week's share price has reached record highs after two Wall Street analysts raised their ratings on Monday.
Susquehanna Financial analyst Sam Poser pointed out that their field survey showed that the price of Nike brand new products was good, and consumers were expecting the products to be listed for the rest of the year. On the other hand, the group also reclaimed the market share from Adidas AG (ADSGn.DE), Adidas group, Under Armour Inc. (Armour) Andemar, and Adidas sporting goods retailers.
Sam Poser upgraded the recommended rating of Nike Inc. (NYSE:NKE) from "neutral" to "positive".
Piper Jaffray Cos. analyst Erinn Murphy believes that the "healthy" sports shoes market will also boost the group's performance and raise the stock rating from "neutral" to "winning the market".
The core North American market has recovered 3% in the fourth quarter after three consecutive quarters of regressive sales. The income of EMEA and China increased by 10% and 25% respectively. The total revenue rose 12.8% to 9 billion 789 million US dollars, and the annual income increased 6% to 36 billion 397 million dollars.
Sam Poser believes that the medium-term goal of US $50 billion is no problem.
Although Nike Inc. (NYSE:NKE) fell 0.37% on Wednesday, at $82.64, it rose to a record high of $83.68 in early trading, expanding the cumulative increase in 2018 to 31.8%.
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