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SportsVideo
Nike faces challenges following star departures and strategic errors
The sportswear brand recently exited the S&P 100 index as competitors secure major athletic endorsements.
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Transcript · Captions
- 0:01Nike is facing challenges following strategic
- 0:04missteps and star departures
- 0:07Kylian Mbappé ended a 20-year association
- 0:10with Nike to join the Swiss
- 0:11competitor On
- 0:13Yamal signed with Adidas indicating an
- 0:16opportunity to stand out
- 0:18The company was removed from the
- 0:20S&P 100 index and shares fell
- 0:23by more than 8 percent
- 0:25Ratopati English
- 0:29For the full story visit wenepal.com
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