Wednesday, September 5, 2018

Nike again

I'm stuck on ugly shoes.

Maybe we'll get another ad-sense violation notification.

Sundance has the smartest analysis that I've see so far. His (their) premise is that a large company doesn't do something like this that is so obviously damaging to their bottom line. Global businesses do not work that way. Not usually. Pepsi is an obvious counterexample. He said that he spoke with business actuaries and gained insight.

That means there is something else going on that is potentially more damaging to Nike than forfeiting over half its American customers. (A lot of liberals don't care for the activities of Antifa, BLM, cop killers, flag kneelers and the like, just as conservative Nike customers do not.) Nike is risking over half its American customers.

So something else is even more threatening to Nike.

China produces Nike shoes. Chinese manufacturers rely heavily on North Korean factories for their labor even cheaper than Chinese slave labor.
A multinational company doing simultaneous business with ASEAN nations, China and North Korea for the majority of their manufacturing is extraordinarily exposed to the risks inherent within a U.S. -vs- China/DPRK trade reset.
Losing the whole supply chain, future inventory and the ability to manufacture goods is a much greater risk to Nike than losing a majority of its American customers.

This is China's countermeasures against Trump's tariffs. China is willing to reduce manufacturing costs, subsidize Nike to the extent that Trump's tariffs affect Nike's bottom line. The Kaepernick endorsement and the planned Kaepernick product line is China's thumb-in-the-eye directed at Trump. Nike has attached its massive corporate existence on a 10-year business plan dependent on recently negotiated manufacturing contracts.

So Nike is sympathetic to the objectives of the Chinese government and will openly embrace and assist anti-U.S. policies on trade, to assist China's economic war with Trump.

China will compensate any loss in Nike revenue in exchange for mutually beneficial political opposition against Trump.

And it's more than just Nike. Levi Strauss is doing the exact same thing. Levi's brand will be actively engaging a series of new initiatives to benefit groups working to prevent gun violence.

Not because Levi is concerned about gun violence as they say, rather for the same reason Nike took on Kaerpernick; it assists the Chinese in their economic war with Trump and his America First economic realignment.
The multinational Wall Street firms are aligning with domestic political positions that align with Democrats.  The agenda is to defeat the trade reset; however, they, in this example Levi Strauss, cannot openly side with China and Asia against the United States.  So they do it covertly by supporting domestic political opposition toward the President who is threatening the construct of their multinational business model.
Sundance concludes; this is how U.S. Chamber of Commerce President Tom Donohue works.

I cannot wait for the tweets. Tweets so furious Trump will be kicked off Twitter. And go elsewhere. And be followed. And Twitter will shrivel too.

More juicy rich vitamin fortified gluten-free low carbon zero fat details at the link.  Recommended. I urge you to read it so then you can be the best informed of your mahjong group.

I've been thinking about this for a long time. I don't want cheap clothes.

Inexpensive clothes are fine, but cheap clothes are not.

Good shoes are expensive. Somewhat. But they're also very good quality so you're not replacing them every four months. Or every six months or whatever. When I read how often people replace their trainers, it's an appalling expense added up.

So good shoes are at least a few hundred dollars. And so are tailor-made lifetime guaranteed American made jeans. Detroit Denim jeans go for $250.00, but they're made to fit, and they last a lifetime and company does repairs for free. You'll say, that's outrageous. No it's not. These are not mass produced. They're all made from selvedge raw denim.
We recommend 6-12 months of active wear before first washing raw denim, then hand wash with mild detergent and hang to dry. 
What?

They've got to be putting us on. Whatever. They're a whole different ballgame.

Still, you needn't pay $250.00 for pants, and you needn't rely on Levi's Chinese pants, now anti-Trump pants, Anti-American pants, pro North Korea slave trade pants, for the same price as Levis you can have custom made jeans from Dearborn Denim. Check 'em out, Checkemouters.  They stretch. They seem like a very good deal.

The point is, we're not stuck with globalist corporations, we don't have to bend to Tom Donohue's war with Trump, nor with China's vast manufacturing. We can have American made. And it's a lot better quality.

There are all kind of apps to buy tailored shirts. They'e very good quality too. They get great reviews.  MTailor for example.

My favorite long-sleeve shirts are from Nordstrom's Rack, often on sale. So far each one is very high quality. Although I have no idea where those are manufactured. My favorite short-sleeve shirt is a Dockers and it's label says made in Viet Nam. Of all the short-sleeve shirts that I bought, that one is best.

11 comments:

The Dude said...

Chip is English.

Dad Bones said...

The mahjong link doesn't work.

edutcher said...

One point to keep in mind is that Red China is struggling economically (which Trump understands better than almost everybody else, it seems).

Backing a bad bottom line may seem good to Nike, but, should the Reds go down (likely), the companies backed go with them.

If I were some smart American Conservative with the the bucks to do it, I would be positioning myself to replace these morons when the crash comes.

chickelit said...

Photoshop idea: photo of Heaven’ s Gate corpses all neatly stacked like cordwood, each shod in Nike shoes. Caption: Career/brand suicide: Just Do It!

ricpic said...

The whole slave labor thing is so.....humiliating. Why should we do any business at all with China or North Korea? I understand, that's a naive question.

Chip Ahoy said...

Thank you Dad Bones, link fixed.

MamaM said...

The subcontracting to non-publicized, generally secret, manufacturing facilities in North Korea was a new awareness, with the article linked making sense in a way that I find depressing. Perhaps because it involves a hidden bigger picture and includes me at some level.

deborah said...

my new crush

MamaM said...

my new crush

I'll bite.

Which one is causing your elastic to snap?

Amartel said...

Gotta be Sassy Sass!
He did well today.

AllenS said...

I cannot ever remember buying any Nike products, but I can assure you, today, that I will never buy any product from Nike. It's all I can do.