4.6 • 716 Ratings
🗓️ 20 March 2020
⏱️ 7 minutes
🧾️ Download transcript
Today is Friday, March 20, and we’re looking at Nike vs. Adidas.
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0:49.3 | One, three. Wondry. |
1:08.4 | I'm David Brown, and this is Business Wars Daily on this Friday, March 20th. |
1:12.6 | Well, we're going to give you a break from the coronavirus news that's sweeping the planet and turn our attention to something that's a little out of this world, namely, space hippie sneakers from Nike. |
1:19.7 | It's not just the name that sounds interplanetary. |
1:22.2 | The sneakers themselves are actually made from space junk. |
1:25.6 | That's not what it sounds like. |
1:26.7 | No, Nike is using the term to describe |
1:29.3 | the scraps of material left over on the factory floor after they've finished making other sneakers. |
1:34.9 | The point of space hippie, to use Nike's sneaker scraps to make a real athletic shoe. It's a step |
1:40.4 | toward participating in the circular economy, the company says. The circular economy, for those of you not quite up to speed yet, |
1:45.9 | is one in which materials get used again and again and again and again, |
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