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Last quote about Nike

March Madness gets the consumer in the mindset to buy basketball product.
Mar 23 2017
You can find on this page a variety of quotes, by one or many people, on what they said about Nike. 80 people are quoted and you can read 128 citations of them about Nike. Mark Parker, Jim Cramer, Sam Poser and Ross Tucker, are those who have spoken the most about this topic. Mark Parker said: “[Many] factors have shifted consumer patterns ... in North America, impacting traffic, the economics of brick-and-mortar retail, and it's driving a more promotional environment in the near term. The more directly Nike engages with the consumer, the greater the return.”.
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Judit Puskas

The sole makes sure you can stop, but also move quickly, which are two competing requirements. You want the rubber to stick enough that you can stop, but you don't want to stick too much that you can't move.

James Feldkamp - Apple

Pretty much all the big corporations have their PR machines ready to jump into action because they've seen what happens when companies are not prepared.

Hajar Abulfazl

I think hijab in sport has always been part of the conversation; it just seems that the larger community is all of a sudden coming to the table. From the outside, people are saying, Nike is so unique for coming to the forefront and including the hijab in their conversation.' But there's tons of companies that have come up with a sport hijab, it's just that they don't have the same reach that Nike has. If you ask people within the Muslim community, we all know that there's been access to sport hijabs from smaller boutique companies.

Aisha Manzoor

As a Muslim woman who wears a hijab, I applaud major brands such as Nike catering towards Muslim women – but at the same time they are a few years late. There are Muslim brands out there – both international and American – who have been doing this for a long time. I hope Nike will bring attention to the brands that have been doing this, and shed light on their work. I am willing to give anything a try and am looking forward to seeing what the Pro Hijab will look like. I also saw that they're working with famous [Muslim] athletes, so that pulls me and I think other Muslims in.

Frank Zaccanelli

The biggest surprise for me would be if Nike's competitors like Adidas and Under Armour don't immediately follow suit. They better not waste any time.

Hussam Ayloush

One out of four people in our world is Muslim. It makes good business sense to cater to such a large segment of consumers. Over the past decade, we have seen many major corporations cater to this rapidly growing consumer market by introducing halal and other Sharia-compliant items, such as clothing, food, and financial products.

Hussam Ayloush

Nike entering this market will help bring attention to the existence and profitability of this growing market; hence attracting many more corporations and products. This increased supply will also provide the Muslim consumers with more options, improved quality, and possibly reduced prices.

Aisha Manzoor

I'd say the range for an athletic hijab is between $15 and $45.

Hussam Ayloush

Regardless of the values driving this new product, it is always a welcomed move when corporations and media normalize the presence of Islam and Muslims in our world and especially in the U.S. Such normalization helps weaken the rhetoric of fear and bigotry advanced by the powerful Islamophobia industry.

Sherin Sultana

Nike launching their own line really advertises a bigger price tag. It kinda seems like it's more for the money than the need.

Sherin Sultana

I think it's great that such a large corporation has finally recognized the need for more comfortable head-covering for [Muslim women] athletes, but it's a little too late. There are many Muslim-owned companies that have been making breathable workout hijabs to cater towards women who cover, but smaller companies obviously don't get as much recognition.

Casey Neistat

It's about this idea of grabbing on to whatever's in front of you and running with it, without having much understanding of where it's going to lead you.

Casey Neistat

YouTube five years ago wasn't the YouTube today, and it brought an entirely new audience to my work.

Jos Hermens

We're not living in medieval times. There are going to be new techniques and materials. It's time to show something to go forward instead of tipping backward.

Bret Schoolmeester - Nike

We're very confident we're doing things within the rules and above board. We're giving our athletes a benefit within the rules as they're written. To me, it's kind of a compliment when you are delivering a big enough benefit that people are starting to ask, is this unfair? We don't believe it is, but that's pretty flattering.

Ross Tucker

It's quite a fun ethical sports technology area that we're heading into.

Manal Rostom

There are a lot of … women and girls who are breaking barriers. For me growing up, though, I never had these women to look up to. I had to break these barriers for myself.

Zahra Lari

People may think or tell you that you can't do certain things, but I'm going to show them you absolutely can. I am covered, I am Muslim, I am from a desert country, and I'm doing a winter sport.

Matt O'Toole - Reebok

I think if we look back at that period in the Nineties, it was primarily an arms race with Nike.

Matt O'Toole - Reebok

This began the fitness revolution of the Eighties and Reebok was at the centre of it. The company's growth from a couple of million dollar company to a two billion dollar company was really born out of its focus on fitness shoes, which no other company had really thought of. By the end of the Nineties even though Reebok had acquired a lot of sports bona fides, Nike was a much bigger brand and was able to compete much more effectively in terms of sports marketing contracts. There are a lot of people for whom fitness is part of their life.

Ryan Madden

USADA can confirm that it has prepared a report in response to a subpoena from a state medical licensing body regarding care given by a physician to athletes associated with the Nike Oregon Project. It appears that a draft of this report was leaked to the Sunday Times by the Russian state-affiliated hacker group known as Fancy Bears. We understand that the licensing body is still deciding its case and as we continue to investigate whether anti-doping rules were broken, no further comment will be made at this time.

Sam Sheffer - Mashable

I have 25 pairs of shoes that I've never even put on my feet. Those I bought for the intention of just holding onto, but if I ever one day want to [show off], I have 25 pairs of fresh kicks to choose from – or, in 15 years, if I need a couple thousand dollars, I can flip them easily.

Sam Sheffer - Mashable

I don't want to speak on behalf of all sneaker heads, but I think a lot of it is appreciation for the shoe. The shoes looks cool, and they look good on feet, and it feels good having a collection of dead stock shoes.

Mark Stevenson

It started to get to a point where I started getting there at two or three o'clock in the morning, outside waiting till 9 a.m., when the store opened.

Mark Stevenson

That was the moment where I was like 'What are you doing?'. It was a terrible experience, and honestly, I could have caught pneumonia just for a pair of sneakers.

Mark Stevenson

I can't do this anymore, knowing that there was a chance you could get robbed. It's a real thing, you see it on the TV and the news all the time, people get shot and robbed over sneakers.

Paul Trussell - Deutsche Bank

The assumption is that the retailer is going to at least attempt to pass this onto the consumer. And so on one side you have companies like Nike that are perceived to have pricing power and that could be helpful for someone like a Foot Locker as well. But when it comes to the department stores or some of the specialty retailers, such as a Gap ... I think the perception there is that those guys will have much more difficulty passing that along.

Nadim Ghassan

We need to start driving the conversation away from Arab women being subjects of segregation, or oppression ... and more towards them being enablers, achievers and go-getters.

Amal Mourad

Convincing my father was the toughest part ... if you want something bad enough you stick to it, and you can get it done.

Sara al-Zawqari

An ad (which) touches on the insecurities of women in a society digs deeper and becomes an empowerment tool rather than just a product.

Nada Sahimi

I think this ad was an utter fail. This is not the true representation of Arab, Muslim women. We do not wear a hijab and go running in the streets, shame on Nike.

Craig Johnson - Customer Growth Partners

In fact, both of these stocks look like they've been put in the penalty box for a while. Under Armour looks like it's got a 10-minute major, and Nike looks like it's a two-minute minor penalty at this point in time, sparing no pun. But again, you're still trying to trade a stock that's in a pretty well-defined downtrend. I see the best ultimate support on this stock at about $16. Look for the stock to go higher first, but ultimately re-test that 16. And that's where I'd get more interested in trying to take a long position in that stock.

Eddy Elfenbein

Both stocks are not in a good way right now. And then they tried to broaden out. I don't think they know exactly what kind of company they are, because they're trying to be more than they've been, and it hasn't been working.

Craig Johnson - Customer Growth Partners

I think from my perspective, if we see some of these border tax and even repatriation of some dollars, you've got a mixed set of headwinds there. But ultimately, at the end of the day, I do think that Nike, on a repatriation of dollars, will see a meaningful leg higher, because they do have quite a bit of dollars offshore.

Mark Parker - Nike

Nike believes in a world where everyone celebrates the power of diversity. Regardless of whether or how you worship, where you come from or who you love, everyone's individual experience is what makes us stronger as a whole. Those values are being threatened by the recent executive order in the U.S. banning refugees, as well as visitors, from seven Muslim-majority countries. This is a policy we don't support.

John Tighe - J.C. Penney

Nike is immensely popular across all categories and with the rapid rise of activewear and athletic shoes, we want to have the best expression of Nike in any department store. J.C. Penney is an activewear destination, and by partnering with a perception-shifting national brand like Nike, we can deliver both the performance and athleisure products that customers want.

Eliud Kipchoge

There are two other top guys in the field whom I cannot take for granted. I will fully focus there. Anything else can wait. I am not even keen on World Championships.

Laurent Potdevin

We had a strong holiday season in both our store and digital channels.

Tim Seymour - Triogem Asset Management

Nike's management is some of the best. I think it's an oligopoly with they and Adidas. I think they will win again after really falling behind over the last couple months.

Mike Khouw

It isn't quite the oligopoly that it once was. The Under Armours of the world sort of coming in and eating their lunch sometimes, that's part of it.

Trevor Edwards - Nike

We create environments that bring our products and services together in a way that allows consumers to experience the Nike brand.

Robert Drbul

Heading into 2017, Nike becomes our Best Idea. We continue to believe the Nike brand is one of the strongest global brands. In 2017, we expect revenues to reaccelerate and gross margin expansion to resume. We believe ... current levels offer an attractive entry point for long term investors.

Sam Poser - Sterne Agee Group

I think Nike had a hiccup last year. I think that's going to work both in the near term and the long term. I like both these companies very much, but I really think Nike is not a complacent company, nor is Under Armour, and I think that's really what's made Nike the winner it is and will make it what it will be.

Camilo Lyon - Canaccord Genuity

Last year ... Nike's signature basketball business took a huge hit because of the onset of Steph Curry and Under Armour's basketball shoe.

Matthew McClintock

That is one of the best results across the entire retail landscape. Basketball is back' is the phrase that Nike used, and I believe it. Apparel is a piece of the business and they talk about it, but at the end of the day shoes are the bigger market and that market continues to grow and Nike has a huge competitive advantage.

Sam Poser - Sterne Agee Group

The kid who is wearing Under Armour at a Little League game, and you see the kids are head to toe [in] Under Armour, when that kid goes into the locker room and changes, he's putting on his Jordans. Under Armour has the opportunity to get to that sort of 'cool factor' of wearing it off-field, and it hasn't gotten there yet. And for me, that's the longer term opportunity.

Matthew Boss - JPMorgan Chase & Co.

One of your best positions would be if you have pricing power, and if you're passing through other people's goods. So with Foot Locker, for example, reselling Nike, reselling Under Armour, the off pricers, like TJ Maxx reselling other people's brands, they're at the best position. But, they still have to deal with the potential for rising prices.

Mark Parker - Nike

NIKE's ability to attack the opportunities that consistently drive growth over the near and long term is what sets us apart. With industry-defining innovation platforms, highly anticipated signature basketball styles and more personalized retail experiences on the horizon, we are well-positioned to carry our momentum into the back half of the fiscal year and beyond.

Mo Farah

I believe I have to learn about the event, I have to understand what it takes. I'm good on the track but it's taken me years to be able to get there. And same thing on the road. My first marathon was two hours eight, it was okay but it wasn't great. To be able to mix with the guys I'll need to run a lot faster than that.

Mo Farah

It's good in a way to see what they can do and that they're looking that far ahead because I believe that if you do get ready for it, it's possible. I don't know how long it will take - a year, two years, three years, but if you try hard then it's possible and it's great that Nike have put a massive investment into it and let's see what they can do.

Mo Farah

I do have a lot of plans to run the marathon. My aim is to get the world champs out of the way then see what I can do on the road.

Jim Cramer

It's holiday time, which has often produced very good performance. I wouldn't be surprised if it does so again.

Jim Cramer

I suggest you wait until Nike reports and then if it is weak, Foot Locker will likely go down, and I'd buy the stock of that retailer … if Nike misses, that could be good for Foot Locker as long as the shortfall was caused by price competition.

Bob Dorfman

I still remember that famous shot at the Masters where Tiger's ball rolled slowly into the cup and all you could see was the Nike logo. If he can compete again and in the final groups on Sunday, it will be a huge boost for Bridgestone.

Bob Dorfman

The fact that Nike exited the equipment business when he built their brand, means that he doesn't have the same buying clout as he used to.

Michael Binetti

We believe NKE's current headwinds are temporary, but a re-acceleration will likely require reinvestment in more impactful innovation, a price/value equation reset, new pinnacle brand expressions (like the new Soho store) and more marketing.

Michael Binetti

We're lowering our FY17E EPS based on ongoing heavy markdowns and our view that F2Q revs & GM's [gross margins] are likely trending below plan. We believe NKE's current headwinds are temporary, but a re-acceleration will likely require reinvestment in more impactful innovation, a price/value equation reset, new pinnacle brand expressions (like the new Soho store) and more marketing.

John Kernan - Cowen and Company

NKE's share loss to Under Armour and Adidas could accelerate, while promotions in N. America and international inventory appear elevated. We see a high probability that NKE reduces second half FY17 guidance or guides Q3 below consensus, and we view sell-side estimates (75% net buy rated) as too high into 2018.

Erwan Rambourg - HSBC

While we have been cautious for quite a while on the stock as we saw too much enthusiasm and were even scolded by many investors when we downgraded our rating to Hold 18 months ago, sentiment has turned in a very quick manner recently with caution on Nike becoming the latest fashion.

Sam Poser - Sterne Agee Group

They do a ton of business in novelty kids shoes, brown comfort shoes, work category, women's active, etc. and they're doing well. You've got to do what you do well. I mean you could argue that Nike does a lousy job getting 55-year-old men wanting their comfort shoes. But should they be working on that? Not necessarily.

Scott Krasik

(Skechers) has identified the 'next thing' in women's comfort as it transitions from GoWalk to You by Skechers which appears inspired by key styles from Adidas (DE:ADSGN) and Nike.

LeBron James

It's been something that's been in the works for years now. We finally was able to put together a shoe and work with the Nike football lab to put a cleat on there. It's always a hard process when you turn a basketball shoe into a cleat, so we finally was able to find a shoe that fits the Nike lab football cleat.

Matt Powell - NPD Group

The only process of scale today is Nike's Flyknit. They've made 1 million of those. But it's important to remember that they sold 400 million shoes last year. So it's still tiny.

Bill McInnis - Reebok

We're looking at the entire process of shoe making from end to end with a clean sheet.

Matt Priest

The ones that stand to lose out here are consumers, because if we start to eliminate trade deals, they'll be paying a lot more for shoes.

Ed Van Wezel

At this point, what you have is what we call 'lick and stick,' putting together uppers and outsoles imported from Asia. It's as much about a public relations story – that you're producing close to the market.

Kipchoge Keino

It's all lies. Athletes sign for endorsement and bonuses with Nike. All we get are kit and training funding. We don't handle athletes' money.

Robert Ohmes - Merrill Lynch

We now expect Nike's market share loss to Adidas and Under Armour to continue through 2017 as our meetings with manufacturers/suppliers and competitors indicated a potential narrowing of the innovation gap for Nike's pipeline relative to the competition compared to historical levels, in our view.

Peter Cardillo - First Standard Financial

This situation (Clinton email review) is going to keep the market in a very cautious trading atmosphere in this final election week.

John Kernan - Cowen and Company

As consumer tastes and preferences have shifted over the last year to a more retro and casual aesthetic, Adidas has led the way.

Sam Poser - Sterne Agee Group

The point is, Nike has a host of drivers and levers at its disposal across geographies vis-a-vis its: 1) robust innovation engine, 2) extensive scale and reach, 3) unmatched marketing prowess, and 4) highly sophisticated (and improving) grassroots go-to-market strategy.

Ingo Speich

I expect small measures rather than a bombshell. But in 12-18 months, if the margin is still where it is now, it will be difficult for the shares.

Scott Cobb

We believe there is a lot of low-hanging fruit that Mr. Rorsted can address to get to that 10-11 percent range. Approaching Nike is going to take some more work and heavy lifting.

Tim Albrecht - Deutsche Asset Management

Reebok needs to be closely monitored and perhaps reexamined. Reebok waters down margins for the whole company.

Marty Mucci - Paychex

I think it is really fine tuning. We had a guidance out there at about 4 percent and when you look at the year, we lost one payroll day this year compared to last year … We refined it to be 3 to 4 percent, and we try to be on the conservative side of making sure there is no surprises and we are very transparent.

Andy Campion - Nike

We expect North America's reported revenue growth over the balance of the year to outpace the rate of futures growth.

Matthew Boss - JPMorgan Chase & Co.

Eighty percent of sneakers today are being bought with no intention to ever make it to a field or a court.

Jim Cramer

The big brands are Nike, they aren't Under Armour. You need more than Steph Curry. You need kind of a big pan of players.

Jim Cramer

Maybe as great as Steph Curry is ... that he may not be in the league of people who really know how to sell.

Jim Cramer

It's very strange, I know that, because Curry is loved in this country.

Tobie Hatfield - Nike

When they are going across the finish line, ... I feel like I'm going along with them.

Tobie Hatfield - Nike

By working with the best athletes around the world, it authenticates the product and then trickles down to the consumer.

Paul Hickey

You have increased competition. Under Armour is a public company out there now competing for more sponsorships. It's more expensive for the companies involved.

JJ Kinahan - TD Ameritrade

This might be the weekend when people go out to stores, because last night was the most excitement I've had so far.

Tom Nikic - Wells Fargo

They launched Flyknit in 2012 and the Nike Free running shoe in 2004. That kind of carries the business basically for the next four years until the next Olympic cycle.

Phil Knight - Nike

We knew we could fail, we just didn't think we would. We loved doing what we were doing, and we loved each other.

Trevor Edwards - Nike

We're committed to being the undisputed leader in golf footwear and apparel. We will achieve this by investing in performance innovation for athletes and delivering sustainable profitable growth for Nike Golf.

Tom Quinlan - RR Donnelley

We haven't responded on rumors in the nine years that I have been CEO, and we are not going to start now. But what I will tell you is we are on track for the spins.

Benno Dorer - Clorox

One of the hallmarks of our company now is that we have growth where others don't. And the reason is pretty simple. We take out costs and we reinvest those cost savings into the business.

Phil Knight - Nike

I think obviously the whole industry has changed dramatically from the way it began when I got into it. The Jordan brand has become a true brand, and it stands for more than just basketball.

Mike Parker - Nike

Phil's impact on Nike is immeasurable. His entrepreneurial drive is and always will be part of our DNA. Along with Nike's exceptional management team, I am committed to leading our next era of innovation and growth as we serve and inspire athletes throughout the world.

Christian Buss - Credit Suisse Group

The biggest risk to earnings is the potential demand shock across broader European markets given likely instability in the region over the next nine months. This adds incremental risk to a sector already showing clear signs of top-line deceleration in the North American market, while still suffering from unfavorable currency swings.

Erinn Murphy

We believe signature basketball's reset should commence in early July ... and would anticipate new innovations to follow the Olympics. We view [the Sports Authority] bankruptcy as more noise.

Jay Sole - Morgan Stanley & Co. International

SportScan data shows Nike apparel sales trends have deteriorated significantly in 2016. Adidas' U.S. resurgence is the biggest surprise and the most recent development – and this has changed the (Nike) thesis.

Mark Parker - Nike

Nike has never been in a better position to deliver against our long term goals.

Nick Raich

It's going to be a good read on the consumer really for the months of February and December and January. The interesting take from Nike is not just what it's doing domestically but what it's doing internationally.

Mark Parker - Nike

In the third quarter, Nike delivered robust and balanced growth across our expansive, powerful portfolio. We grow by serving the athlete personally every day and, as we unveiled last week, through breakthrough innovation that gives us a foundation for growth for years to come. Combined with our strategic investments, world-class execution and financial discipline, Nike consistently delivers value to our shareholders.

Mark Parker - Nike

Much like an autonomous car is adaptable and can tell you when someone is too close to you, these shoes can sense your body and react accordingly.

Mark Parker - Nike

It's great to be able to put a product out there that is a step toward the future of adaptive performance.

Mark Parker - Nike

We're not seeing consumers backing off of really innovative products ... that's what we're all about.

Mark Parker - Nike

Today showcases a breadth of innovation that only Nike can deliver. It represents a fundamental shift in how we serve the athlete. We've entered a new era of personalized performance. Athletes want more than a dashboard and data – they want a more personal relationship, one that gives them real solutions and total access to the best products and services.

Herbert Hainer

Our order books are full across all major performance and lifestyle categories. And our brands are set to shine at this year's major sporting events.

Susan Anderson

If you look at the numbers versus Nike Inc, they're still very, very tiny, so I think we can continue to see this growth over the next 3-5 years.

Sebastian Coe - International Association of Athletics Federations

I have sought advice from the IAAF's Ethics Committee to review my interests and was told I could retain my positions in Nike and CSM as long as I do not seek to influence any decisions that could influence them. I'm grateful for that advice but it is clear that perception and reality have become horribly mangled.

Sebastian Coe - International Association of Athletics Federations

I've made the following decisions: I've stepped down from my ambassadorial role with Nike which lasted 38 years. The current noise level around it is not good for Nike or the IAAF and is a distraction.

Jurgen Kolb

Brand Adidas has seen a turnaround with new initiatives and products. It is back to gain market share even in the United States.

Herbert Hainer

We are winning big time. Both Adidas and Reebok are enjoying great momentum across the globe.

Tammy Marcotte

With the actions that he's displayed and everything that's in the media, it's really disgusting and what's happening with him in his life. He definitely needs to step back and work on that and put his family back together – if she will take him back.

Donald Marcotte

I'll continue to watch the PGA and I hope he comes back, you know, one day, or whenever he feels like playing again. I hope he's back in the limelight.

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