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Today, Explained

Nike lost its cool

Today, Explained

Vox

Politics, Daily News, News

4.310.3K Ratings

🗓️ 11 June 2026

⏱️ 28 minutes

🧾️ Download transcript

Summary

And once a brand has lost its cool, it's almost impossible to get it back. This episode was produced by Ariana Aspuru, edited by Jolie Myers, fact-checked by Gabriel Dunatov, engineered by Patrick Boyd, and hosted by Noel King. A'ja Wilson of the Las Vegas Aces wearing her Nike A'One player exclusive signature shoes. Photo by Ethan Miller/Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Is Nike uncool?

0:04.0

You know, I mean, certainly what's cool is a little bit in the eye of the beholder.

0:09.0

And not being a particularly cool person myself, I don't want to assert what is and isn't cool for all people.

0:15.0

That said, Nike sales have been weak for the last few years and the company's stock is dipping.

0:20.0

Their stock price is under $50, which is as low as it's been since 2015.

0:29.0

What happened?

0:30.1

Apple is not cool.

0:31.3

Amazon is not cool.

0:33.2

Nike is not cool.

0:34.4

Starbucks is not cool.

0:35.7

Big brands are not very cool right now.

0:38.0

Nike still sells a lot of shoes. Starbucks sells a lot of coffee. Amazon sells a lot of everything.

0:44.8

The issue is not, I think I hear you saying, that these companies don't sell.

0:48.8

Right. It's that they just aren't cool.

0:52.3

Coming up on today, explain from Vox, when your company loses its Riz.

1:00.3

Support for the show comes from Dell.

1:01.9

Remember Dell? Dell PCs with Intel Inside are built for the moments you plan.

1:06.3

Still, and the ones you don't, still.

1:08.2

They're there for those late-night study sessions when you get to the cafe and there's no outlets, all that stuff.

1:13.0

Dell is built to adapt to you.

1:15.5

It's built with long-lasting batteries.

1:17.1

You're not scrambling for an outlet and built-in intelligence that makes updates around your schedule, not in the middle of it.

...

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