What is your distribution strategy?
Quote from Ndubuisi Ekekwe on June 11, 2023, 12:44 PMWhat is your distribution strategy? Do not take it for granted irrespective of how great your product is. Nike is learning a hard lesson: "Excess inventory has weighed on the company, and analysts say Nike is unable to capture enough demand on its own."
Nike needs “the middleman” more than it realized. Starting in October, the footwear giant will sell shoes in DSW stores — a turnabout after pulling products from the chain's shelves in 2022. Nike has also said it will re-enter Macy's stores, which it exited in 2021, and beef up a slimmed-down partnership with Foot Locker. The moves signal a shift for Nike, which had been doubling down on direct-to-consumer channels.
What is your distribution strategy? Do not take it for granted irrespective of how great your product is. Nike is learning a hard lesson: "Excess inventory has weighed on the company, and analysts say Nike is unable to capture enough demand on its own."
Nike needs “the middleman” more than it realized. Starting in October, the footwear giant will sell shoes in DSW stores — a turnabout after pulling products from the chain's shelves in 2022. Nike has also said it will re-enter Macy's stores, which it exited in 2021, and beef up a slimmed-down partnership with Foot Locker. The moves signal a shift for Nike, which had been doubling down on direct-to-consumer channels.