to keep their stock price afloat is pure schadenfreude. Inject it into my veins!
Nike’s stock is struggling despite it beating its sales expectations for the quarter. The company announced yesterday that it expected sales to continue to decline this year thanks to slow sales in China.
… Nike’s hypocrisy was pretty glaring in China compared to its promotion of Kaepernick in the US. So it’s amusing that it has failed to fix its China sales problem despite bending over backwards not to offend the communists.