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Tim Pool Daily News

Conservative Boycott of NIKE May Already be Working

Tim Pool Daily News

Timcast Media

Politics, Society & Culture, News

4.47.3K Ratings

🗓️ 4 September 2018

⏱️ 13 minutes

🧾️ Download transcript

Summary

Conservatives are calling for a NIKE boycott after the company launched an ad featuring Colin Kaepernick. In the early morning we saw NIKE stock fall with some outlets reporting a connection to the boycott. So is the Nike boycott actually causing the stock fall or is it just a coincidence? Some people say Conservative Boycotts don't work but there are some examples of companies who have seen sales drop offs and shares fall amid the types of political issues, Support the show (http://timcast.com/donate) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Nike Shoes has decided to enter the culture war on the side of the left.

0:04.4

They've launched an ad campaign featuring Colin Kaepernick, who is controversial after he

0:08.6

started kneeling at football games.

0:11.0

He's now an unsigned free agent, and many people believe the reason for that is nobody

0:14.6

wants to sign him because he's just too controversial.

0:17.5

Even Donald Trump tweeted that the protests were disrespectful.

0:20.4

But people on the left think that the protests were warranted, and Colin Kaepernick was just

0:24.6

voicing his free speech and he was trying to bring up issues about racial injustice.

0:29.6

There's a saying among those associated with anti-social justice movements, which is

0:34.1

Get Well Co-Broke.

0:35.8

And this references when a company tries to enter the culture war they end up losing

0:40.0

money.

0:41.0

And now it would seem that it may be the case, as already, there's calls for a boycott

0:46.4

on Nike and Reuters is reporting that their shares have taken a hit.

0:51.4

This isn't the only boycott we've seen in the past week, and there have been other

0:54.8

issues related to major companies who wanted to join the political conflict and this

0:59.0

resulted in them losing money.

1:00.3

So today, let's start by looking at the main story about Colin Kaepernick and then

1:04.4

look at some other stories where companies have actually lost money by trying to get involved

1:08.7

in the culture war.

1:09.7

The first story from CBS News, Colin Kaepernick just do it ad sparks Nike boycott.

1:14.7

Nike's long-running Just Do It campaign is geared toward getting consumers to pay attention

...

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