Sam Poser on Nike

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Last quote by Sam Poser on Nike

The performance of key marquee basketball product has slowed, as Nike continues to barrage the market with launch product. Additionally, checks with industry sources indicate Nike continues to force premium wholesale accounts (tier zero accounts) to buy large allotments of in-line/tertiary product, compounding the oversupply issue. We have no doubt that Nike management recognizes this and is in the process of correcting the inventory glut. However, oversupply, partially due to lack of innovation within the basketball category, is not something that will be corrected overnight.feedback
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Sep 19 2017
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